Laser leveling: a private investment analysis
2019
Daubert, John | Ayer, Harry
Laser leveling farmland is a profitable water savings technologyin many areas of the West. Capital cost, irrigation field efficiencies,potential yield increase, energy prices, planning horizon, and the future ftcertainty of federal cost-sharing programs significantly affect the decisionto laser. If federal programs continue,farmers also need to decide howfast to laser their farms, since payments are a function of time alongwith acres lasered. Given existing water costs for a typical farm inArizona and federal subsidies, the farmer should laser part of the farmeach year over a ten year period
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