Agricultural Economics Department


Date of this Version



Published in Cornhusker Economics, 12/15/2004. Produced by the Cooperative Extension, Institute of Agriculture and Natural Resources, Department of Agricultural Economics, University of Nebraska–Lincoln.


Nebraska is in a drought of historic proportions. Because of this, water levels in Lake McConaughy near Ogallala are falling to near-record lows. This has led to an active debate regarding how water in McConaughy should be managed, and (in my opinion) unfair criticism of how the lake has been managed. This column takes a quick look at the water rights dimension of McConaughy water levels.