One tool that might help some of them manage the financial side of the risk is the Nasdaq Veles California Water Index.

Farm and Ranch Report

Hedging Water Risk

In the grain, hay, potatoes and cattle are multi-million dollar crops. Rick Worthington, the networks agribusiness communications specialist, keeps producers up-to-date on farming, ranching and dairy activities. Rick has been known to be the first to break farm industry news stories weeks in advance of other media outlets. Rick is a 20 plus year radio veteran and is currently the News Director of KBOI radio in Boise, Idaho. He has been recognized twice with both the Associated Press Mark Twain Award and the Edward R. Murrow Award. Worthington has also earned the Best Newscast Award in Idaho by the Idaho State Broadcasters Association. Worthington was born in Elko, Nevada and spent most of his summers there with his grandparents

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Farm and Ranch Report