Shortage of food plus high prices?

I was reading today that the farmers in the Fresno area in California (they produce billions of dollars of food every year) have had their water supply cut by 90% in order to protect some supposedly endangered animal. I don't want to be a fear monger, but, in my estimation, food prices are going to start increasing dramatically. If you have a little extra money, I would strongly suggest stocking up on food. As a side note a shorage of sugar is being predicted because of the weather in areas the sugar canes and beets are grown.

Might be a good idea to get all the makings for square foot gardens and some seeds, in order to grow some of your own produce.