Lease Versus Purchase of a Center-Pivot Irrigation System: A Georgia Example

Abstract
Use of irrigation has been increasing rapidly in the Southeast. For example, irrigated acreage in Georgia increased by 20 percent in 1980, to 0.988 million acres (Skinner, 1981), and increased 16.5 percent in the previous year (Skinner, 1980). Research has been completed on the costs and profits of irrigated crops (Tew and Musser).

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