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Will they be selling it at the subsidized rate California farmers are accustomed to? Farmers in Central California paid $17.00/acre-foot last year. I'll do the
by Jonoco 11y ago
Will they be selling it at the subsidized rate California farmers are accustomed to? Farmers in Central California paid $17.00/acre-foot last year. I'll do the maths:
472.6 acre-feet X $17.00/acre-feet = $8,095.40
Not bad for 300 railcars.
- pm24601 11y agoI doubt it --- but then again that great water rate is multiplied by 0 acre/feet; which is how many acre-feet the farmers are getting from the state. There is no water to hand out at such cheap rates ( or any rates ). This is the great failure of a market economy. Water is not fungible. If water is not available, there is no replacement.