Water Leasing: Opportunities and Challenges for Colorado's South Platte Basin
AbstractAgricultural 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 InfoPaper provided by Western Agricultural Economics Association in its series 2008 Annual Meeting, June 23-24, 2008, Big Sky, Montana with number 37725.
Date of creation: 2008
Date of revision:
water leases; alternatives to permanent water transfers; economic health of rural communities; Community/Rural/Urban Development;
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