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Water Leasing: Opportunities and Challenges for Colorado's South Platte Basin

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Author Info

  • Pritchett, James G.
  • Thorvaldson, Jennifer
  • Hansen, Neil
  • Jha, Ajay

Abstract

Agricultural water is a preferred source for meeting growing demands, but permanent transfers often require formerly irrigated land to be fallowed, removing a key industry from the regional economy. One alternative allows farmers to lease water to cities by fallowing their land on a rotational basis or limiting irrigation to reduce the consumptive use of their cropping operations. A survey of irrigators in Colorado’s South Platte Basin examines the remuneration needed for a farmer to enter into a lease agreement; the amount of water the farmer will release; the provisions desired in a lease agreement; and the characteristics shared by farmers who are willing to lease.

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Bibliographic Info

Paper provided by Western Agricultural Economics Association in its series 2008 Annual Meeting, June 23-24, 2008, Big Sky, Montana with number 37725.

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Date of creation: 2008
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Handle: RePEc:ags:waeabi:37725

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Related research

Keywords: water leases; alternatives to permanent water transfers; economic health of rural communities; Community/Rural/Urban Development;

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