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Phone: (307) 766-5124

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University of Wyoming Extension

 

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Toward a More Comprehensive Valuation of Western Rangelands cover

Toward a More Comprehensive Valuation of Western Rangelands

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Publication #: B-1245
Date Published: 06/05/2013

Publication Author(s):
Benjamin S. Rashford
Alexandre V. Latchininsky
John P. Ritten

Description:
There are many challenges to accurately estimating the comprehensive values of western rangelands. The estimates in this report represent one approach, using publicly available data, to further explore the diverse values of western rangelands. Given the many caveats and limitations discussed above, these estimates should be applied cautiously. Nonetheless, even our most conservative estimate suggests that the true value of western rangelands extends beyond the value associated with livestock forage. On average across the western states, forage for livestock represents 32-63 percent of our estimated comprehensive rangeland values. Considering forage values alone would therefore systematically underestimate the true value of rangelands. Policy decisions that depend upon estimates of rangeland value are likely to error significantly if they do not include a more comprehensive measure of rangeland values. Moreover, policies designed using limited value estimates (e.g., only forage values) may create unintended consequences by negatively affecting comprehensive rangeland values.


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University of Wyoming Extension

Department #3354

1000 E. University Ave.

Laramie, WY 82071

Phone: (307) 766-5124

Email: glen@uwyo.edu

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