The effect of rental rates on the extension of Conservation Reserve Program contracts

Given that the majority of conservation reserve program (CRP) contracts on approximately 36 million acres of enrolled land expire concurrently, re-enrollment decisions by farmers and the federal government have high budgetary implications. Using a survey of over 8,000 CRP contract holders, we apply an ordered response discrete choice model to explicitly model the range in rental rates over which the representative farmer may be ambivalent to renewing the CRP contract. Given the empirical results from the ordered response model, we estimate acreage re-enrollment as a function of the rental rate and compare them to results of a binomial choice model.CRP contracts; ordered probit; re-enrollment; respondent indifference

THE BIG PICTURE - SATELLITE REMOTE SENSING APPLICATIONS IN RANGELAND ASSESSMENT AND CROP INSURANCE

Livestock Production/Industries, Risk and Uncertainty,

Dam Mitigation: Collaboration or Confrontation? Take Your Pick: Clark Fork Projects Hydro Relicensing

In the United States, privately owned hydroelectric facilities operate under fifty year licenses issued and administered by the Federal Energy Regulatory Commission (FERC). The usual process of license renewal involves consternation, confrontation, and litigation, resulting in delayed environmental mitigation and damaged professional relationships. Faced with the upcoming relicensing of two large hydroelectric facilities in the year 2001, Avista Corporation (formally Washington Water Power Company) knew that there had to be a better way. In February of 1999, Avista Corporation filed a renewal application culminating seven years of environmental studies and consultation with state and federal agencies, tribes, local government, landowners, and special interest groups. The heart of the application is the Clark Fork Settlement Agreement, representing consensus among 27 parties on all environmental and operational issues. The Settlement Agreement, based on the principles of adaptive management, provides for greater local control, allows for early implementation of natural resource enhancements (March 1999), provides for the management of dynamic resources through the new term of the license, and establishes long term, collaborative working relationships. This Clark Fork collaborative is nationally recognized as a model for FERC’s recently adopted alternative approach to relicensing. A better way. Bull trout (Salvelinus confluentus) recovery is a key issue in the relicensing of the Clark Fork projects. Listed as threatened under the Endangered Species Act, bull trout are the subject of a comprehensive restoration plan developed by the collaborative participants. Avista Corp. funding of fisheries programs in northern Idaho and northwestern Montana will benefit all native salmonids, but with a particular emphasis on bull trout