The Use of Weather Data and Evapotranspiration Requirements to Estimate the Marginal Value Product of Irrigation and the Profit Maximizing Irrigation Level for Corn in the Texas Panhandle

W. Arden Colette, Lal K. Almas and Clay Robinson

No 6757, 2008 Annual Meeting, February 2-6, 2008, Dallas, Texas from Southern Agricultural Economics Association

Abstract: The declining availability of irrigation water from the Ogallala aquifer combined with increasing energy costs make irrigation strategies much more critical. Maximizing yield reduces profit by between $22 and $158 per acre depending on the combination of corn and natural gas prices.

Keywords: Crop Production/Industries; Land Economics/Use; Research and Development/Tech Change/Emerging Technologies (search for similar items in EconPapers)
Pages: 17
Date: 2008
New Economics Papers: this item is included in nep-agr
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Citations: View citations in EconPapers (1)

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Persistent link: https://EconPapers.repec.org/RePEc:ags:saeaed:6757

DOI: 10.22004/ag.econ.6757

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