
Christopher L. Lant, Steven E. Kraft 2
Two contingent valuation surveys including 770 mail surveys and 157 personal interviews were conducted in ten Cornbelt counties to estimate potential enrollment of filter strips, recharge areas, and farmed wetlands in the Conservation Reserve Program (CRP) and in the Wetland Reserve Program (WRP) and to illicit farmers' attitudes toward Swampbuster. Results indicate that enrollment in the CRP climbs markedly in the range $90/Ac/Yr to $140/Ac/Yr. For the WRP, enrollments are less responsive to price and are also generally lower than CRP enrollments for 30-year lump sum easement payments ten times the corresponding CRP annual rental rate. Beyond financial considerations, dealing with problems of altering drainage facilities is a primary barrier to enrollment of farmed wetlands in the WRP.