New economic data from California shows the state could face anywhere from $3-14 billion in water losses each year if no action is taken.
California has faced water supply challenges for years and is expected to shrink by 12-25% by 2050.
The data collected by researchers at UC Davis and UC Merced shows that without coordinated action, nearly three million acres of California farmland could be taken out of production.
That would mean a loss of 67,000 jobs, severely impacting rural communities.
The research supports the state’s Senate Bill 72, which proposes California’s first-ever water supply target to develop 9 million acre-feet of new water by 2040.
Related Stories
Stronger renewable diesel incentives could support demand for soybean oil and other domestic feedstocks.
Extreme heat and limited rainfall are putting pressure on crop and livestock producers across the state.
Changing market conditions are making protection levels more attractive for some cattle producers.
Producers say more reliable water deliveries would help make irrigation planning more predictable.
The initiative could create more opportunities for farmers and ranchers to sell food within their communities.
Eligible LLCs and S corporations can now access separate USDA payment limits for each qualifying member beginning with the 2026 program year.