Leonard Van Elderen of Yosemite Farm Credit discusses the what water problems mean for farmers getting necessary loans: ” … For now, the lending environment for agriculture is relatively strong. Farmland continues to possess considerable value. Land prices are rising. But the emerging concerns about water – both in their sheer number and their serious nature – seem of greater long-term concern than ever before. Lenders certainly don’t have all the water solutions for California. But we don’t want to wake up to a problem where land loses value and the financial ability to farm begins to dry up. … “
Read more from the Merced Sun-Star here: Leonard Van Elderen: Water is the value that runs farming