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January 24, 2008
FRESNO, Calif. (AP) — In a state where water has become an increasingly scarce commodity, a growing number of farmers are betting they can make more money selling their water supplies to thirsty cities and farms to the south than by growing crops.
The shortages this season — among the most intense of the last decade — are already shooting water prices skyward in many areas, and Los Angeles-area cities are begging for water and coaxing farmers to let their fields go to dust.
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