For years, a Saudi-owned hay farm has been using massive amounts of water in the middle of the Arizona desert and exporting the hay back to Saudi Arabia.

The farm’s water use has attracted national attention and criticism since Reveal’s Nate Halverson and Ike Sriskandarajah first broke this story more than eight years ago.

Since then, the water crisis in the American West has only worsened as megafarms have taken hold there. And it’s not just foreign companies fueling the problem: Halverson uncovers that pension fund managers in Arizona knowingly invested in a local land deal that resulted in draining down the groundwater of nearby communities. So even as local and state politicians have fought to stop these deals, their retirement fund has been fueling them.

Since we first aired this story in July, our reporting has spurred Arizona’s governor and attorney general into action.

On this week’s Reveal, learn about water use in the West, who’s profiting and who’s getting left behind.

For more of Halverson’s reporting into a global scramble for food and water, watch “The Grab.” By Center for Investigative Reporting Studios and director Gabriela Cowperthwaite, the film will be in theaters and available to stream starting June 14.

This is an update of an episode that originally aired in July 2023.

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In the shadow of Rome