Drought Impacts on California Farm Revenue and Prices

Sumner, Daniel A., Elizabeth Fraysse, Scott Somerville and Josué Medellín-Azuara

from ARE Update Vol. 25, No. 1, Sep/Oct, 2021

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Abstract

Droughts in California reduce the availability of irrigation water, raise costs, and have dire consequences for some farms. However, as with earlier droughts, the 2020–2021 drought is having only small impacts on farm revenues and prices. Farm responses to drought generally minimize the drought’s overall impacts and protect consumers from severe food price increases.

Keywords

farm supplies, almonds, food supply, dairy, alfalfa hay

Citation

Sumner, Daniel A., Elizabeth Fraysse, Scott Somerville and Josué Medellín-Azuara. 2021. "Drought Impacts on California Farm Revenue and Prices." ARE Update 25(1): 10-12. University of California Giannini Foundation of Agricultural Economics.
https://giannini.ucop.edu/filer/file/1635373235/20250/