Yes, pretty much growing and living water intensively in low water environments is going to catch up. The original water allocation schemes were also set up in boom years.
One of my old companies was big ag. They had models showing the entire US breadbasket shifting north over time, the growing season contracting and had new seeds in the pipeline that would grow accordingly.
Going to be an interesting few decades. I worked at Duke’s forest air carbon transfer site one summer where they were studying the impacts of a 550 PPM atmosphere on eastern forests. Interesting stuff.