California’s Agricultural Industry Loses $1.2 Billion in 2022: Report

The dried and cracked soil in an irrigation ditch next to a cornfield on a farm is seen in Fresno, Calif., on July 24, 2021. Robyn Beck/AFP via Getty Images

California’s agricultural industry has lost $1.2 billion this year, up from $810 million in 2021, according to a report by the University of California–Merced and Public Policy Institute of California.

Additionally, industries that rely on farm products in the state lost about $845 million, which was about $255 million more than last year, according to the Nov. 22 report.