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.

Included in

Economics Commons

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