"As a hydrologist, I definitely agree that there's always a cycle with the water," Stadnyk said. "But what the science says is that this is one of the regions in the world where we can expect more frequent drought cycles, and longer drought cycles. "That begs the question about economic viability, right? How long can farmers and irrigators hold out without that water and still be productive and still have a viable business?"
This is what it boils down to. I think that unfortunately, we're going to have to either develop more water-effective measures of irrigation (which all cost significantly more than the standard sprayers), or the yields are going to fall significantly. Either of those mean that food prices will continue to climb.
Its not a good situation, and there's not a good solution.