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Water Strategist
Lower Rio Grande Water Market Indicator: Trading is Up, But Expectations Remain Uncertain

Lower Rio Grande Water Market Indicator: Trading is Up, But Expectations Remain Uncertain

Originally published in Journal of Water, Winter 2019

Marta L. Casper
Sep 16, 2019
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Water Strategist
Water Strategist
Lower Rio Grande Water Market Indicator: Trading is Up, But Expectations Remain Uncertain
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Demand for Lower Rio Grande water created a lease market in south Texas. Lease prices vary by use, with agricultural water users typically paying lower rates per acre-foot because they have lower consumptive use of water.

Municipal users have priority in the system, with a municipal reserve of 225,000 AF reestablished each month. Excess water is allocate…

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