Read the latest economic insights for water and agriculture.
From market and water valuation trends to changes in regulations, policy, and climate, we’re evaluating impacts to the agricultural industry and staying on top of current methods in economic analysis.
California is the leading dairy producing state with nearly 1.69 million cows producing almost 42 billion pounds of raw milk, accounting for nearly one-fifth of total U.S. supply. Operating in…
Effective pest management ensures the safety and quality of California produce, protects producers, maintains export market access, and supports lower food prices. Climate change and an increasingly interconnected global economy…
By Roger Mann and Stephen Hatchett, Senior Principal Economists Many persons have recently commented on water flowing through yards, streets, drains, and channels on to the ocean. They ask, rightfully,…
By Harry Ferdon, Economist Equilibrium Displacement Models 101: Measuring the Impact of Supply and Demand Shifts Often times, folks will consider the direct cost of an external policy/shock to an…
By Harry Ferdon, Economist What Is a Multiplier Analysis and Why Is It Needed? When thinking about the full economic impact of an external factor, such as a new regulation…
Dairy Cares and the California Cattle Council commissioned ERA Economics to prepare an assessment of the economic impact of SGMA on dairies and beef cattle in the San Joaquin Valley.…
Last week's blog post “Minimizing Costs for Long-Term Lower Basin Demand Management” used a simple economic model to illustrate different ways of achieving a 2 million acre-feet (MAF) cut, and…
Our October 13 blog post “Rebalancing the Colorado River Basin: How Much Must Be Cut and What Will It Cost?” provided an overview of the water shortage in the Colorado…
By Harry Ferdon, Economist The Central Coast produces a substantial share of vegetables for domestic and export markets. Industry cost pressures have been increasing over the last several years. Key…
Rebalancing the Colorado River Basin: How Much Must Be Cut and What Will It Cost? The water shortage in the Colorado River Basin (CRB) is one of the biggest stories…
Richael Young here, senior economist at ERA Economics. I’ve learned a lot about groundwater allocations over the past decade, from studying them in grad school to developing software to help…
We are delighted to welcome Mammoth Water into the ERA Economics family. ERA Economics is delighted to announce that we have acquired Mammoth Water to expand our technology offerings and…
What is groundwater? Welcome to our series on Water Risk Themes in the West. In this post, we explore how groundwater management affects agriculture in the western United States. Groundwater…
Water Risk Themes in the West: Demand Hardening Welcome to our series on Water Risk Themes in the West. In this post, we explore how demand hardening affects agriculture in…
What is Agricultural Water Risk? Agricultural water risk measures how changing water availability, cost, policies, regulations, climate, and market conditions affect farming and lending financial outcomes. What Drives Agricultural Water…
What are economic feasibility studies? ERA Economics works with state, federal, and local clients to conduct financial and economic feasibility studies of water supply projects and agricultural land development. Economic…
What is an economic impact analysis? Economic impact analysis is an assessment of the effects of a policy, regulation, or other industry shock on the affected industry and associated businesses…
What is economic consulting? Economic consulting is a broad term in which expert economists help clients answer questions about projects, purchases, risk exposure and mitigation, and overall business strategy. Economic…
