The drought isn’t lightening up, even with the increase in rain California has seen in the last several months. Living in northern California, I drive regularly past one of our best sources of water – Lake Shasta. This year, water levels are seriously down, though it does look better than it did in February where the lake’s tributaries looked like mere slim creeks.Still water conservation and the effects of this continuing drought will cause ripples across our day-to-day. I came across a great article outlining some of the foods we normally take for granted that we can expect to see significant price hikes in over the coming months.
As Debbie Freeman, the Communications Manager at W. P. Carey School of Business of Arizona State University writes: shoppers can expect food prices to rise over time as California’s drought worsened earlier this year, but some goods will be impacted more than others.
Timothy Richards, the Morrison Chair at the Morrison School of Agribusiness of the W. P. Carey says that vegetables like lettuce and avocados are likely to experience the most dramatic prices bumps.
To view the complete list and expected rise in prices – and avoid consumer sticker shock when it happens, check out the complete article here.
Filed under: Wake-up Call | Tagged: Arizona State University, California drought, falling water levels, Lake Shasta, northern California, risinhg consumer prices, sticker shock, W.P. Carey School of Business, water conservation |