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dc.contributor.authorFowler, J. M.
dc.contributor.authorTorell, L. A.
dc.contributor.authorGallacher, G.
dc.date.accessioned2020-09-23T18:31:31Z
dc.date.available2020-09-23T18:31:31Z
dc.date.issued1994-03-01
dc.identifier.citationFowler, J. M., Torell, L. A., & Gallacher, G. (1994). Competitive pricing for the McGregor Range: Implications for federal grazing fees. Journal of Range Management, 47(2), 155-158.
dc.identifier.issn0022-409X
dc.identifier.doi10.2307/4002825
dc.identifier.urihttp://hdl.handle.net/10150/644375
dc.description.abstractCompetitive bidding is an acceptable way to determine an efficient price to both buyer and seller. The quasi-competitive bid structure used to price federal forage and lessor-provided services on the McGregor Range in New Mexico indicates that the efficient market price for federal forage, services, and facilities had an upper value of 4.88/AUM during the 1992 grazing season. The facilities and services provided on the McGregor Range had a value of 1.96/AUM to the ranchers leasing the bombing range. The residual amount of 2.92/AUM represents the estimated value of high quality federal forage during 1992. The total cost of grazing McGregor Range was estimated to average 16.78/AUM during the 1992 production year. This is less than the cost of leasing comparable private land (19.68/AUM) or BLM land (21.06/ AUM) in New Mexico.
dc.language.isoen
dc.publisherSociety for Range Management
dc.relation.urlhttps://rangelands.org/
dc.rightsCopyright © Society for Range Management.
dc.rights.urihttp://rightsstatements.org/vocab/InC/1.0/
dc.subjectrent
dc.subjectvaluation
dc.subjectproduction costs
dc.subjectrangelands
dc.subjectgrazing
dc.subjectNew Mexico
dc.subjectforage
dc.titleCompetitive pricing for the McGregor Range: Implications for federal grazing fees
dc.typetext
dc.typeArticle
dc.identifier.journalJournal of Range Management
dc.description.noteThis material was digitized as part of a cooperative project between the Society for Range Management and the University of Arizona Libraries.
dc.description.collectioninformationThe Journal of Range Management archives are made available by the Society for Range Management and the University of Arizona Libraries. Contact lbry-journals@email.arizona.edu for further information.
dc.eprint.versionFinal published version
dc.description.admin-noteMigrated from OJS platform August 2020
dc.source.volume47
dc.source.issue2
dc.source.beginpage155-158
refterms.dateFOA2020-09-23T18:31:31Z


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