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2022-2023 California and Southwest Weather Thread


Thunder98

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California Water selling for $867 per acre foot on the commodities exchange. Looks like maybe speculation around NOAA long range forecasts may be a bigger factor in price moves than Cal farmers hedging to minimize risk. The price does take a modest tumble after the Xmas AR; but why would it go to 670 or so and stay there during the very dry Jan-Feb?2073852851_CaliforniaWaterIndexprice.png.e7c5349bbdc1334cffc7dca4e2bdeebe.png

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