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Posts Tagged ‘san joaquin valley’

Water Shortages Endanger Farming

Friday, June 3rd, 2011

While many legislators and farmers in the United States are concerned with the cost of gasoline, water is quickly emerging as a resource every bit as vital, and as scarce, as oil and fuel. Water shortages have rapidly come into focus this summer, thanks to severe droughts in Florida and Texas. Western states, particularly agricultural states like California, could face massive water shortages in the future which could significantly increase food prices or shut down U.S. production altogether.

Scientists at the University of California’s Center for Hydrologic Monitoring have used satellites to track the depletion of groundwater across the globe, and their findings were particularly disturbing. Across the globe communities are making unsustainable demands on the supply of groundwater. These trends were found in North Africa, northern China, and even in California’s San Joaquin Valley.

Long-term shortages could be disastrous for the U.S., particularly for western communities. Some experts speculate that cities like Phoenix, Arizona and Las Vegas, Nevada, are ecologically unsustainable and could disappear over the next fifty years. In addition, water shortages could lead to high prices and water speculation. Some individuals are already trying to gain control of water resources (T. Boone Pickens in Texas is currently attempting to purchase groundwater rights throughout Texas) and price wars over water could be a common occurrence in the future.

In addition, balancing the needs of the environment with those of farmers has led to water shortages. In California, for example, the state government has diverted water from San Joaquin farmers in order to restore water to rivers and wetlands.

To learn more about agricultural financing opportunities contact a Farm Plus Financial representative by calling 866-929-5585 or by visiting www.farmplusfinancial.com.   

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Written by: Justin Ellison / Farm Plus Staff Writer

San Joaquin Valley Producers Look to the Future

Friday, May 21st, 2010

After a year of hardships, farmers in California’s San Joaquin Valley are optimistic for the future. The valley is California’s largest farming area, producing everything from nuts and dairy to wine.

From 2000 to 2008 agriculture income doubled to $7.6 billion in the valley. With the recession in full swing the biggest change seen was dairy prices. “Agriculture is the engine that can drive an economic recovery in California,” said Farm Bureau president Paul Wagner. Although prices dipped in 2009 economists expect prices to recover in 2010. Graduates in the area are having no problem finding jobs in the agricultural industry or related fields.

San Joaquin Valley is a good location for farming because the weather is warm and dry from spring to fall, which is ideal weather for growing a variety of crops. Farmers face hardships in the area such as water restrictions, animal rights activists and rising environmental improvement costs to lower pollution and improve air quality. Despite these problems producers continue to put money back into California’s economy by supplying jobs and purchasing seed and equipment from other companies across the state.

As economic conditions improve, San Joaquin Valley is expected to grow even more with farms, ranches and wineries.

Join the California agriculture community today. Are you in the market to refinance while rates are at historic lows? Farm Plus has low-rate loans starting at only 2.95%! Call 866-929-5585 to speak with a representative or visit our loans page for more information.

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