Valley Drought 2014: $1.7 Billion Hit Projected for CA Agriculture

Researchers now say the California drought could cost the state's agriculture economy $1.7 billion this year. The drought is also expected to leave more than 14,000 farmworkers without work. The new study out of UC Davis was done at the request of the California Department of Food and Agriculture. It used computer models and recent water delivery numbers to make these projections. The study also estimates that 6% of farmland in the central valley could go unplanted this year, because of cutbacks in water deliveries. Researchers say these damage projections shouldn't threaten the state's overall economy.