Sorry, no it's not.
"California’s agriculture business might be, at this point, too big to fail."
How can people say crap like that with a straight face?
PS: If you actually look at a chart of rainfall over the last 100 years this is really fairly close to normal rainfall levels over the last 10 years. But, most charts only go back to an unusual peak and make it seem like that's normal. Nope, this is fairly normal, this it's really just a case of getting used to unsustainable well usage. Which indirectly subsidized a lot of water use when well water runoff ended up in streams.