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Describing and quantifying revenue risk producers face when adopting water conserving cropping systems

dc.contributor.authorSerbina, Larisa, author
dc.contributor.authorGoemans, Christopher, advisor
dc.contributor.authorPritchett, James, advisor
dc.contributor.authorWaskom, Reagan, committee member
dc.date.accessioned2007-01-03T08:37:19Z
dc.date.available2007-01-03T08:37:19Z
dc.date.issued2012
dc.description.abstractDemand for water in Colorado is increasing rapidly due to the growth of population along the Front Range. Water resources in Colorado are mostly allocated with majority of the water being diverted for agricultural uses. Thus, in order to meet increasing municipal and industrial demand, water must be reallocated from agricultural uses. One way to reallocate water is for farmers to lease water rather than produce crops. This implies a change in production practices for the formerly irrigated cropland, and adaptations may include dryland cropping or fallowing. When water leasing is introduced, and production practices are adjusted, the profit risk that a farm business faces from uncertain yields and prices is affected. This research examines four alternative cropping systems that producer may choose when seeking to conserve water and compares these to the two baseline cases of representing irrigated cropping systems. The research focuses on Weld and Logan counties of Colorado within the South Platte River Basin. The results are aimed to inform producers, researchers, water engineers and other stakeholders in order to make better water management decisions. A historical simulation method is used to quantify the difference in profits between the baseline cases and the alternative cropping systems. Results suggest foregone profits have the lowest mean and smallest distribution when switching from a fully irrigated corn rotation to a 2/3 irrigated corn and 1/3 fallow rotation. Results suggest a potential minimum level of payment for water leases.
dc.format.mediumborn digital
dc.format.mediummasters theses
dc.identifierSerbina_colostate_0053N_11530.pdf
dc.identifierETDF2012400452AGRE
dc.identifier.urihttp://hdl.handle.net/10217/75117
dc.languageEnglish
dc.language.isoeng
dc.publisherColorado State University. Libraries
dc.relationwwdl
dc.relation.ispartof2000-2019
dc.rightsCopyright and other restrictions may apply. User is responsible for compliance with all applicable laws. For information about copyright law, please see https://libguides.colostate.edu/copyright.
dc.titleDescribing and quantifying revenue risk producers face when adopting water conserving cropping systems
dc.typeText
dcterms.rights.dplaThis Item is protected by copyright and/or related rights (https://rightsstatements.org/vocab/InC/1.0/). You are free to use this Item in any way that is permitted by the copyright and related rights legislation that applies to your use. For other uses you need to obtain permission from the rights-holder(s).
thesis.degree.disciplineAgricultural and Resource Economics
thesis.degree.grantorColorado State University
thesis.degree.levelMasters
thesis.degree.nameMaster of Science (M.S.)

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