Farmers want to sell water instead of growing crops


CALIFORNIA — With water becoming increasingly precious in California, a rising number of farmers figure they can make more money by selling their water than by actually growing something. Because farmers get their water at subsidized rates, some of them see financial opportunity this year in selling their allotments to Los Angeles and other desperately thirsty cities across Southern California, as well as to other farms.

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source: The Bayesian Heresy blog