Pistachios have recently become perhaps the top choice for institutional investors in Kern County agriculture, apparently surpassing almonds. Farmland brokers say prices and demand for local pistachio orchards — the few properties listed for sale, anyway — have increased since about 2019 because of the trees’ longevity, crop price stability and higher tolerance for limited and lower-quality water supplies.
- North Bay Business Journal: A drought defying description: How California North Coast businesses are stepping up to the challenge
- The Associated Press: California drought takes toll on world’s top almond producer
- USA Today: Video: California drought squeezes thirsty almond farms