Supplemental Irrigation with the Irrigation Financial Estimator Tool (IFET)-Workbook
ID
BSE-237A
EXPERT REVIEWED
This publication is available in an Excel Workbook only.
Row crop agriculture in Virginia and other Eastern states is largely rainfed, but there is increasing interest in irrigation as a way to manage dry periods and weather variability. However, irrigation systems require substantial installation and operating costs, and it can be very difficult determine if yield improvements will be sufficient to justify these costs. This publication provides an overview on the Irrigation Financial Estimator Tool, which was recently developed to help row crop producers estimate financial aspects of supplemental irrigation. The tool estimates installation and operating costs, as well as revenues from improved yields, using user-supplied information and historic data on weather and prices for crops and fuel. It accounts for uncertainty in these estimates by presenting a range of values for each cost.
Virginia Cooperative Extension materials are available for public use, reprint, or citation without further permission, provided the use includes credit to the author and to Virginia Cooperative Extension, Virginia Tech, and Virginia State University.
Virginia Cooperative Extension is a partnership of Virginia Tech, Virginia State University, the U.S. Department of Agriculture, and local governments. Its programs and employment are open to all, regardless of age, color, disability, sex (including pregnancy), gender, gender identity, gender expression, genetic information, ethnicity or national origin, political affiliation, race, religion, sexual orientation, or military status, or any other basis protected by law.
Publication Date
April 29, 2024