Despite experiencing one o the worst drought in recent memories, American farmers look more than capable of bouncing back in the New Year.

For most of 2012, the nation remained locked in the grip of one of the worst drought in recent history. With states from California to Ohio experiencing record high temperatures and record low precipitation, plants withered in fields and farmers experienced devastating crop losses.

According to US Department of Agriculture figures, corn production was down 27 percent from predictions due to the drought. Despite severe losses, farmers are poised to make record profits this year, largely due to increasing prices commanded by surviving corn crops and federal crop insurance programs.

In addition, despite the losses, the 2012 corn crop was still one of the largest in history, thanks to technological improvements and massively increased planting.

Looking ahead to 2013, many farmers are feeling a mixture of optimism and apprehension. While many states are still experiencing severe drought, recent winter storms have increased rainfall and snowfall, leading some farmers hopeful that the next year will be better than last year.

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Written by: Justin Ellison / Farm Plus Staff Writer