Agricultural Economics Department


Date of this Version

April 2004


Published in Cornhusker Economics, 04/21/2004. Produced by the Cooperative Extension, Institute of Agriculture and Natural Resources, Department of Agricultural Economics, University of Nebraska–Lincoln.


Many dryland corn producers were reminded again in 2003 of the risks of depending upon rainfall. Irrigation substantially reduces yield risk particularly in Western Nebraska. But irrigation also adds to production costs, and increasing costs per bushel can have its own risks in periods of low prices.