Leonard Van Elderen: Water is the value that runs farming

Outlet: The Modesto Bee

November 16, 2013

The financing of a farm is tied squarely to the land. The land has value that allows the lender to provide the loans. That value comes from the land’s ability to grow the crops. And that requires water. Water is an emerging concern for Central Valley agriculture on several fronts. There is the current short-term crisis for many farmers due to the lack of rain and snow.