THE TWO MOST SUCCESSFUL STRATEGIES FOR SURVIVING A DROUGHT
YOU MAY only have five cattle or 15 sheep, so it’s easy to think a drought won’t have much of an impact compared to someone with 500 cattle or 1500 sheep, and block owners do have some advantages: the losses are probably not going to put your livelihood at risk, and finding small amounts of feed is easier than trying to get it in bulk.
But you will still face having to spend significant amounts on extra feed, or selling some or all of your stock, and paying for extra water if you’re on tank supply.
Research on previous droughts has found the most important factor in making it through a drought with the least financial loss, the least expense, and the least stress is simple: plan ahead, set a timetable for implementing decisions, and make those decisions as early as possible. The earlier you make a decision, the less your loss will be.
You will need to update and revise the plan regularly, as frequently as week to week, if money or feed supplies get tighter than you initially forecast.