Earlier quoted context omitted.
Is it? A significant proportion of that agriculture consists of luxury crops for export. Nobody's going to starve if the price of water-intensive foods like avocado and almonds increase a little. If you care about feeding the poor, give them money to buy their food. Don't wreck the environment and distort the market with supply-side meddling.
Don't forget raising animals for meat, growing food to feed animals, and growing food for export to feed animals. This accounts for more water than almonds that seem to always be the scapegoat.
So, yes, it takes more water the produce a bushel of almonds then it does to produce a bushel of . However, that bushel of almonds earns more profit per gallon.
What does this mean? It means if you start charging farmers for water usage (rather than access) then almonds are a more attractive crop then others crops from a profit perspective.
Counter to what most believe, restricting farmer's water access or charging more for water might actually increase the shift to certain water intensive luxury crops like almonds.