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An economic analysis of enterprise adjustments to water availability and risk

, : An economic analysis of enterprise adjustments to water availability and risk. Bulletin, Agricultural Experiment Station, New Mexico State University (707): 41

The study was of crop adjustments made by farmers to water availability and risk on the Arch Hurley Conservancy District (AHCD) in Quay County, New Mexico, for 1967-79. Throughout 1967-79, irrigated acreage tended to increase as water supplies decreased. Irrigated pasture had the highest average net return of the major crops. Alfalfa was the only other major crop which had positive returns. Grain sorghum, wheat and cotton all brought negative returns, on the average.

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