How Will Drought and Groundwater Depletion Affect Irrigated Farmland Values in the Tenth District?

Ayesha Cooray
Additional contact information
Ayesha Cooray: https://www.kansascityfed.org/research-staff/ayesha-cooray/

Economic Bulletin, 2026, 4

Abstract: Irrigated farmland commands a premium relative to non-irrigated farmland due to capitalized infrastructure, access rights to groundwater, and superior yield potential. In the Tenth Federal Reserve District, this premium has been increasing over time and rising faster during droughts. Whether this premium will subsist in the long term, however, depends on existing groundwater reserves, local rates of aquifer replenishment, and continued efficiency gains in water use.

Keywords: Irrigation; Farmland prices; groundwater scarcity; drought (search for similar items in EconPapers)
Date: 2026
References: Add references at CitEc
Citations:

Downloads: (external link)
https://www.kansascityfed.org/research/economic-bu ... -the-tenth-district/ Full text (text/html)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:fip:fedkeb:103429

Ordering information: This journal article can be ordered from

Access Statistics for this article

More articles in Economic Bulletin from Federal Reserve Bank of Kansas City Contact information at EDIRC.
Bibliographic data for series maintained by Kira Lillard ().