drought

California’s almond sector is hoping for a more prosperous 2023 after a year of drought, water shortages, supply chain disruptions and inflationary pressures.

California water officials have allocated $86 million to help drought-impacted communities. October exports of U.S. beef volume increased from a year ago, according to the U.S. Meat Export Federation.

California released its Greenhouse Gas Inventory Report for 2020 which showed a 16% decrease in transportation carbon emissions.

Federal officials have created a program to provide $3.1 billion in assistance for about 36,000 distressed agricultural borrowers.

Climate change represents an “existential threat” to agriculture in California. CA Depart. of Food and Agriculture, who says 8 of 20 major crops grown in California could be most affected by increasingly hot and dry conditions.

Despite water shortages and continued drought in 2021, California farms and ranches took in $51.1 billion in cash receipts, a 3.6% increase over 2020.

California’s almond production is expected to drop by 11% this year, with the yield falling 2.6 billion pounds. Annual U.S. retail prices for beef and veal are projected to rise 6 to 7% in 2022.

America’s beef exports remained on a red-hot pace in June, topping $1 billion for the fifth time this year. Over 50% of the U.S. was in at least some level of drought for the fourth-straight week.

U.S. farmland prices increased 12.4% over the last year, according to the USDA’s National Agricultural Statistics Service. California Ag seen a drop in production as water supplies diminish.

A California company intends to build the first ethanol plant in America powered by sugar cane. The latest Drought Monitor shows much of the U.S. is dealing with dry conditions.