California farmers say the state should seek to protect agricultural resources and open space amid concerns raised over a company buying large swaths of farmland in Solano County.
Farm real estate values increased considerably in 2022 but showed signs of softening late in the year as interest rates on farm loans jumped to decade highs alongside increases in the federal funds rate.
Average annual water supplies for the San Joaquin Valley could decline 20% by 2040, with shortfalls driven by mandates of California’s 2014 Sustainable Groundwater Management Act.
In response to port congestion, the Senate passed the Ocean Shipping Reform Act, making it more difficult for ocean carriers to refuse to load American goods ready to get shipped from U.S. ports.