It's an irrelevant distinction. If the water went into the alfalfa and 100% of it evaporated, leaving bone-dry hay going to the middle east, then the hay is st

It's an irrelevant distinction. If the water went into the alfalfa and 100% of it evaporated, leaving bone-dry hay going to the middle east, then the hay is still the only remaining symbol of $13,000 worth of water you used to have, and sold for $1000. Where the exact losses are within the industry is entirely unimportant.