Study: Irrigation boosts western Kansas land values by $3.8B
A recent report of the value of water in western Kansas by two Kansas State University agricultural economists has concluded that land values in that part of the state are $3.8 billion greater today than they otherwise would be without access to the Ogallala Aquifer. “It’s a large, substantial number and it provides evidence of just how valuable irrigation is in western Kansas,” said Gabe Sampson, an associate professor in K-State’s Department of Agricultural Economics. The study takes a look at ways water is captured in order to make a judgment on its value. In this case, farmers draw water from [...]