Department of Economics
Most of the differences in leasing rates between private, tribal, and public rangelands are due to: ( 1) differences in tract characteristics (size, location, productivity); (2) management expenses associated with water development, fencing, fertilization, and weed control; and (3) differences in use rights by type of lease. Ranchers leasing private rangeland usually have a greater "bundle of rights," greater management flexibility and control over the rangeland tracts, and fewer administrative difficulties than ranchers leasing public/tribal agency lands. Furthermore, management input and extent of long-term improvements are usually greater on private rangelands. Consequently, private rangeland leases usually command higher lease rates.
rangeland leasing, livestock grazing costs, rangeland livestock grazing markets
South Dakota Experiment Station, South Dakota State University
Cole, J.; Janssen, L.; and Beautler, M., "Rangeland Leasing Markets in South Dakota" (1992). Research Bulletins of the South Dakota Agricultural Experiment Station (1887-2011). 720.