Almond prices going up. Growing almond trees in California under desert-like conditions requires huge taxpayer (federal and state) subsidies for water resources to keep these almond growers in business:
http://www.eastbayexpress.com/oakland/c ... d=3830095aQuote:
the United States, almonds have become a staple for many health-conscious consumers. In its raw form, the "power food" is said to lower cholesterol, spur weight loss, and provide powerful antioxidants such as Vitamin E and manganese. Products like almond butter and almond milk have also become increasingly popular in health food stores.
But growing almonds in an arid climate requires lots of water. In fact, Westlands' almond orchards suck up nearly 100 billion gallons of water a year. Cotton, by contrast, needs 40 percent less water per acre, and tomatoes require about half as much water as almonds.
Also, unlike cotton and tomatoes, almonds are a "permanent" crop, meaning the land they're grown on can't lie fallow when water is scarce. "It means farmers really do need to get a hold of water in dry years in order to keep the trees alive," explained Ellen Hanak, a senior fellow at the Public Policy Institute of California and an expert on water.
Almonds, in short, aren't cut out for droughts. And unless the coming months bring a deluge of rain and snow to California, the almond growers of the western San Joaquin Valley could be in for a catastrophic year. On the last day of January, the state Department of Water Resources said it would cut all water deliveries from California's vast system of reservoirs and aqueducts. The Central Valley Project, which is run by the federal government and provides water to Westlands, may also eliminate water allocations this year. And since tree nuts don't respond well to groundwater in Westlands because of its high salinity levels, the water stoppage could leave the district's almond farmers high and dry.
They are going to be left high and dry as things stand right now.