The past 16 years have been one of the driest on record. A prolonged drought has caused California Farmers to face severe water restrictions or pay a much higher price on district or irrigated water. Some farmers have been forced to not only curb their production but completely idle thousands and thousands of acres. Trees that were producing are now being ripped out of the ground and the water that was used for those orchards are being re-allocated to the ever growing city populations. For that reason I think we will see more and more nut farmers expand or completely relocate to this area.
Pistachio Market Overview
• The U.S. pistachio industry is relatively young, much of it dating back to 1976, the year the U.S. placed a boycott on the importation of pistachios from Iran and Iraq.
|Justin Chambers, Broker/Owner of Chambers Realty|
|This is a Pistachio Tree in Kingman Arizona|
• The United States is the second leading producer (and exporter) of pistachios nuts behind Iran, providing 24% of the world total.
|This is one of the most amazing machines I have ever seen that plants the bare root trees.|
• In a worst case scenario, even if other landowners develop their properties into pistachio and almond orchards, there should still be adequate water supplies for all landowners, including those who have developed pistachios and almond projects for over 100 years. • According to Arizona Groundwater Management Act, “a person may … withdraw and use groundwater for reasonable and beneficial use”, which includes use for agricultural purposes, thus assuring Red Lake I with a reliable source of water for the Project.
|This well is able to produce 1200 gallons per minute.|
|This is the Generator that pumps the water out of the ground.|
|This is one of the new Pistachio farms located 35 miles north of Kingman, it is owned/operated by Jim Rhodes|
|Jim Rhodes farm of pistachios|
|This is an alfalfa farm run by Red Lake Ventures|