California’s Drought and U.S. Food Prices
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California supplies a sizable majority of the fruits, vegetables and nuts in the U.S. But the state is suffering through the third year of a devastating drought. Coping with the water scarcity could cost California more than two billion dollars this year alone. Farmers struggle to adapt, as hundreds of thousands of acres now lay fallow. With no drought relief in sight, questions persist about how the crisis could impact the cost of produce. What the continued drought in California could mean for our food and our wallets.
professor of Agricultural and Resource Economics at University of California, Davis. He is the lead author on a new drought impact study from the UC Davis Center for Watershed Sciences.
reporter for Bloomberg News in Washington, D.C. focused on agricultural policy and commodities.
economist at the American Farm Bureau Federation.