Risk Preference and Economics of Best Management Practices for Upper Floridan Aquifer Water Quality

Watch a 19-minute conference presentation from the Georgia Water Resources Conference examining the economic implications and risk preferences of implementing Best Management Practices (BMPs) for improving water quality and quantity in the Upper Floridan Aquifer. Explore how agricultural activities across Georgia, Florida, and Alabama impact the aquifer's sustainability, and learn about research findings from enterprise budgets and risk analysis. Discover how different BMP adoption scenarios - intensive, typical, and minimal - affect farm-scale production costs and net returns. Understand why more intensive management approaches may be preferred by producers across risk aversion levels, and how these practices can simultaneously reduce water usage while improving water quality. Gain insights into the financial viability of conservation technologies and their potential role in ensuring agricultural water security for the region's vital farming industry.