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hatrack

(59,592 posts)
Sun Mar 17, 2013, 10:45 AM Mar 2013

2012 Drought Drove Drilling Of More Than 1,000 New Irrigation Wells In Nebraska

The count on new irrigation wells in Nebraska surged past the 1,000 mark for the first time in seven years in 2012, according to preliminary numbers provided by the Department of Natural Resources earlier this week.

The 1,105 new wells were the most registered with the state since 2005. The 2012 total was more than double the number added in 2009 or 2010 and more than 350 more than 2011.

An accompanying surge in prices for corn and soybeans is one likely cause. A blistering drought that settled over Nebraska and surrounding states last summer is another, said Dave Aiken, an agriculture and water law specialist at the University of Nebraska-Lincoln.

“It’s a combination of drought and record commodity prices,” Aiken said Thursday. “If corn was $2 or $3 a bushel, we wouldn’t see as many wells, despite the drought.” A brisk well-drilling pace underscores the importance of irrigation in the nation’s leading irrigating state, especially when precipitation levels fall far below normal.

EDIT

http://journalstar.com/news/state-and-regional/nebraska/new-irrigation-wells-surged-in-drought-year/article_aa333aac-6093-5988-bd12-2803ac84509b.html

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2012 Drought Drove Drilling Of More Than 1,000 New Irrigation Wells In Nebraska (Original Post) hatrack Mar 2013 OP
In my area of far western NE panhandle newfie11 Mar 2013 #1
What are prices for farmland like out there? I've seen Iowa corn land at or near $10,000/acre hatrack Mar 2013 #2
I have seen anywhere from $5000 to 10,000/acre newfie11 Mar 2013 #3
keep the stone heads coming phantom power Mar 2013 #4
Here ya go... GliderGuider Mar 2013 #5
"Say, you know how you can still be thirsty when you drink through a straw ...? Nihil Mar 2013 #6

newfie11

(8,159 posts)
1. In my area of far western NE panhandle
Sun Mar 17, 2013, 10:56 AM
Mar 2013

New irrigation wells cannot be drilled but you can if your irrigation well goes dry.

We irrigate with ditch water from WY MTs. This year those reservoirs are only 60%.
a limit of 70 irrigation days using 14" per acre.

Mean while farms are selling at high prices. I am thinking it is time to sell the farm.

hatrack

(59,592 posts)
2. What are prices for farmland like out there? I've seen Iowa corn land at or near $10,000/acre
Sun Mar 17, 2013, 11:38 AM
Mar 2013

Am assuming irrigation rights can be transferred, but don' t know that for real.

newfie11

(8,159 posts)
3. I have seen anywhere from $5000 to 10,000/acre
Sun Mar 17, 2013, 10:52 PM
Mar 2013

That's irrigated and yes the irrigation rights go with the property.

One little 2 bedroom older home about 4 miles from us sold at the asking price$225.000. It had only 3 acres and not irrigated.

3 miles from us a 3 bedroom home on 80 acres irrigated sold for $800,000 and they are now installing a pivot. It was gravity irrigated before.

Both places sold in the first month after listing.

These prices won't last I bet and then we have a farm bubble.

 

Nihil

(13,508 posts)
6. "Say, you know how you can still be thirsty when you drink through a straw ...?
Tue Mar 19, 2013, 08:36 AM
Mar 2013

... How's about we put two straws in? That'll make things so much better!"

Some people need to start learning about the concept of "fossil water" ...


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