Quartz - Health nuts are guzzling coconut water faster than aging palm trees can produce it < 5min

The world’s supply of coconut water—along with the myriad foods, oils, cosmetics, fibers and fuels made from coconuts—could be under threat. The United Nation’s Food & Agriculture Organization (FAO) warned on Nov. 1 that global demand for coconut products is outpacing the rate of production in Asia, where about 85% of the world’s coconuts are grown. ... As world-wide consumption of all things coconut has jumped over the last decade, Asian countries have seen their exports of the commodity explode. At one point last year, exports from the Philippines, the world’s second biggest coconut producer, had grown over 400% from the year before. Between 2009 and 2012, exports of coconut oil from Asia have grown about 3% a year, according to the Asian Pacific Coconut Community, an Indonesia-based organization that represents coconut growers. Now, coconut water and milk, used in drinks and health products, make up 30% of global coconut consumption, according to the UN.

Forbes - America's Nuttiest Billionaire Couple: Amid Drought, Stewart And Lynda Resnick Are Richer Than Ever 5-15min

Here there are rows upon rows of green–some 70,000 lush acres of water-hungry pistachio and almond trees. ... Their oasis has plenty of water, the result of relentless opportunism that has given their orchards access to more water than nearly any other farm during the worst drought on record in California’s history. The Resnicks use at least 120 billion gallons a year, two-thirds on nuts, enough to supply San Francisco’s 852,000 residents for a decade. They own a majority stake in the Kern Water Bank, one of California’s largest underground water storage facilities, which they got fairly but sagely from the government 20 years ago. It is capable of storing 500 billion gallons of water. They have also spent at least $35 million in recent years buying up more water from nearby districts to replenish their supplies. ... their company, renamed Wonderful in June, owns 32,000 acres of California citrus, flower-delivery service Teleflora, POM Wonderful pomegranate juice and Fiji Water, which collectively brought in $3.8 billion in sales last year. ... The Resnicks met in 1970 when Stewart came looking for marketing help for the janitorial business. He led her on, and after several meetings she bluntly asked whether she was going to get the account or not. Also divorced with children, he told her that he wanted to start a relationship instead. They married and in 1979 bought Teleflora, a failing flower-delivery service. ... Stewart bought his first parcel of farmland in California’s central valley in 1978 as a hedge against inflation. Lynda then took the fruits and nuts of their labor and marketed the heck out of them.