California is facing a future where water is increasingly scarce, and the consequences for the state’s massive agricultural sector could be staggering. A new joint report by researchers at UC Davis and UC Merced warns that if immediate steps aren’t taken, California could suffer between $3 billion and $14 billion in annual water losses. This crisis, driven by climate change, urban demand, and groundwater depletion, is already accelerating, with water supplies projected to decline by up to 25 percent by 2050.

Read the full article from Market Research Journal here.