Date of Award:
12-2025
Document Type:
Thesis
Degree Name:
Master of Science (MS)
Department:
Applied Economics
Committee Chair(s)
Ryan Larsen
Committee
Ryan Larsen
Committee
Ryan Bosworth
Committee
Man-Keun Kim
Committee
Burdette Barker
Abstract
This research examines how drought severity affects alfalfa hay prices across nine Western states from 2021 to 2024, using detailed economic analysis and market data. The findings show that droughts significantly raise alfalfa prices, especially when combined with other market and product factors such as forage quality and package, while other factors like corn prices also influence the market. Additionally, the research examines the economic potential of upgrading wheel-line irrigation systems with technologies such as low-pressure sprinklers and automated controls. Modernization substantially reduces water, labor, and energy costs while boosting crop yields, offering a practical solution for farmers. In Utah, widespread adoption could generate significant economic benefits over time. These findings provide clear guidance for farmers and policymakers to strengthen alfalfa production against drought and climate challenges, promoting sustainable agriculture in the Western United States.
Recommended Citation
Ardakani, Saba, "The Economic Impact of Drought on Alfalfa Price Formation and Irrigation Modernization Feasibility in the Western U.S." (2025). All Graduate Theses and Dissertations, Fall 2023 to Present. 640.
https://digitalcommons.usu.edu/etd2023/640
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