No till notes "The value of water"

I’ve been thinking about the value of water and what this resource means to our communities. I suspect if we didn’t have this valuable resource our landscape would look quite a bit different than what we are now accustom to seeing. Since we have tapped into this resource we have experienced significant economic growth in our agricultural community, primarily with center pivot irrigation.

So what is the economic value of the water? If we look at the economic benefit to producers we could figure increased yields in our crop production. There is increased economic value in producing irrigated cro...