Water Risk on the Balance Sheet: Why Large Farms Are Investing in Sensors — A Shanghai ChiMay Perspective
The Balance-Sheet Turn on Water For most of agricultural history, water has been an unpriced or under-priced input. That posture began to change with drought-driven allocation cuts in California, Murray-Darling, Iberia, and northern China. It accelerated when institutional investors — pension funds, sovereign wealth funds, family offices — allocated capital into farmland and demanded risk…
