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Senin, 13 April 2015

Why Food Prices Are Drought-Resistant




California’s drought is raising concerns about whether fresh produce grown in the Golden State could run short, potentially raising prices nationwide. The reality is that there was little jump in produce prices last year, and consumers should expect only slight increases in 2015. To appreciate why, one must understand a bit about the geography, water infrastructure and economics of California agriculture.

The drought hasn’t affected California’s diverse regions uniformly. Most crops come from two areas: the Central Valley,...

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