Pandemic, water costs, consumer behavior lead to $2 billion in ag losses thus far
The impact of the COVID-19 pandemic on California agriculture was severe, unprecedented, and will continue to affect the industry in the coming months and years. That’s the sobering news from an economic study released last week by Davis-based ERA Economics. [The report also noted] Groundwater Sustainability Plan implementation started earlier this year for critically overdrafted groundwater sub-basins across the state and 2020 water supply deliveries for ag are reduced, resulting in higher water costs.
Related articles:
- ERA Economics Report: Economic Impacts of the COVID-19 Pandemic on California Agriculture