Alabama, Tennessee, Georgia and Mississippi have now reported the driest springs in 113 years. Many Western states are experiencing decade-high drought conditions, as well. Those fires near Lake Tahoe are just one of the results. We’re also seeing mounting crop losses, hay shortages, low water levels… the list goes on and on.
“Water is more precious than ever,” writes Chris Mayer. “A rising water price seems inevitable. Water conservation is more important than ever. That’s good for irrigation companies, for example. But it also means that this year’s grain crop could be light, driving grain stocks to new lows and prices to new highs.”
“Water is more precious than ever,” writes Chris Mayer. “A rising water price seems inevitable. Water conservation is more important than ever. That’s good for irrigation companies, for example. But it also means that this year’s grain crop could be light, driving grain stocks to new lows and prices to new highs.”
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