Tree Nut Growers More Likely to use Drought Assistance
Tree nut growers are 23% more likely than other farmers to take advantage of drought assistance, even if it costs them more money in the short term, according to a university study.
Growers of nuts – particularly almonds – place a higher dollar value on USDA monetary and technical aid and are willing to take an over $7,000 loss in a season or two to protect their long-term investments, according to research from California State University, Fresno.
Whereas a row crop grower can limit planting in years when he or she can’t get much water, a tree farmer must still keep the trees alive and productive, noted Todd Lone, a professor in Fresno State’s Department of Agricultural Business.