From the Sacramento Bee:
Tony Turkovich's alfalfa crop in Winters is turning a good profit right now, while the Sacramento region's dairy industry struggles to make ends meet. What does that have to do with the price of wheat in Egypt? Or the price of corn in Iowa?
Turns out, California agriculture is intertwined with global and domestic markets in all sorts of ways, and while rising commodity prices worldwide have caused alarm in foreign markets and pinched recession-weary Americans, most California farmers are making hay while the sun shines.
Agriculture has been praised by both the White House and Congress as a pinpoint of light in the dismal economy, with farm exports booming. That's mostly good news for California's farm industry. The state's nut, citrus, alfalfa and other crops are big business, generating $34 billion a year from more than 25 million acres of farmland.
For more, see: Global market spike spells boom for state’s farmers