A business loss is not exactly welcomed but at least a net operating loss deduction may be available. Net operating losses can be carried back three years (unless the election is made to carry the NOL forward only) and forward 15 years.
"Consequences of a Business Loss,"
Agricultural Law Digest: Vol. 7
, Article 1.
Available at: http://lib.dr.iastate.edu/aglawdigest/vol7/iss15/1