Why California's drought hasn't sent food prices soaring

California plays an utterly pivotal role in American agriculture. The state produces one-third of the country's vegetables and two-thirds of its fruits and nuts. That includes 99 percent of almonds, 95 percent of broccoli, 90 percent of tomatoes, and 74 percent of lettuce.

So you'd think that the state's four-year drought and serious water crisis would have a devastating impact o