California's agriculture industry saw $1.2 billion in costs and the loss of more than 8,700 jobs due to drought last year, according to a new research.
Severe drought last year caused the California agriculture industry to shrink by 8,745 jobs and shoulder $1.2 billion in direct costs as water cutbacks forced growers to fallow farmland and pump more groundwater from wells, according to new research.prepared for the California Department of Food and Agriculture, researchers calculated that reduced water deliveries resulted in 395,000 acres of cropland left dry and unplanted — an area larger than Los Angeles.
Medellín-Azuara and colleagues from UC Merced, UC Davis and the Public Policy Institute of California estimated changes in the acreage of irrigated farmlands last year as compared to 2018. They surveyed irrigation districts, analyzed water data and reviewed satellite data to track changes in croplands.
The past year was one of the driest and hottest on record in California, and comes during a larger 22-yearThe researchers found the economic effects on California agriculture last year were comparable to the impacts in 2014, in the middle of the last major drought, which ended in 2016. His team found that the croplands left fallow included rice fields in the Sacramento Valley, cotton fields in the San Joaquin Valley, as well as farmlands that had been producing grains and other field crops.
The research shows a substantial economic toll on agriculture, especially in the Central Valley, where the economy depends heavily on farming, said Alvar Escriva-Bou, a coauthor and senior research fellow with the Public Policy Institute of California.The study focused on revenue losses and pumping costs but didn’t estimate profits in the agriculture industry.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Utah-based Qualtrics made $1 billion last year selling personal data in a unique way“Experience management provides insights that help companies shape better experiences for employees and customers,” said Qualtrics CEO Zig Serafin. The engine that drives it is personal data drawn from millions of employees, customers, and citizens.
Read more »
Crypto Market Capitalization Slumps to $1.5T as Russia Attacks UkraineThe 9% slide in crypto market capitalization sparked by Russia's action in Ukraine shows the sector remains a nascent asset class compared with traditional markets, analysts said. By shauryamalwa
Read more »
Paula Gold-Williams, CEO of San Antonio's CPS Energy, collected $1 million paycheck after departureThe executive announced her resignation last fall following complaints over the utility's handling of Winter Storm Uri and media reports about her leadership. SanAntonio SATX SanAntonioTX CPSEnergy Utilities Texas TexasFreeze
Read more »
Block nets $1.18B Q4 gross profit marking a 47% YoY increaseBlock highlighted an uptick of Cash Card users and Square sellings using multiple business products as key metrics behind the $1.18 billion Q4 gross profit.
Read more »
$1.2M bond set for Henry David Cossette who went before judge and claimed self-defenseHenry Cossette's attorney spoke with ABC13 Thursday saying, 'I haven't had an opportunity to do my own investigation, but this is America and everyone is presumed innocent.'
Read more »