For the inland Pacific Northwest, climate change predictions including wetter springs and drier, hotter summers leads to production system uncertainties and risks for dryland, small grain farmers. Annual precipitation is projected to increase by about 5-15% by 2050 except during the summer months where precipitation is projected to decrease, resulting in decreased soil moisture during the late summer months.
WSU researchers are examining water markets and barriers to their adoption as a potential strategy to adapt to climate changes. Those implementing water markets must navigate legal and administrative complexities, a big one being the need to treat water resources as both a public resource and a private property.
As climate change increases the likelihood of a mismatch in the timing of when water is needed and when it is available, policymakers, water managers, and water users are exploring water markets as one potential