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Proc-Type: 2001,MIC-CLEAR
Originator-Name: webmaster@www.sec.gov
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MIC-Info: RSA-MD5,RSA,
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<SEC-DOCUMENT>0000902664-07-001472.txt : 20070417
<SEC-HEADER>0000902664-07-001472.hdr.sgml : 20070417
<ACCEPTANCE-DATETIME>20070417110831
ACCESSION NUMBER:		0000902664-07-001472
CONFORMED SUBMISSION TYPE:	3/A
PUBLIC DOCUMENT COUNT:		2
CONFORMED PERIOD OF REPORT:	20070119
FILED AS OF DATE:		20070417
DATE AS OF CHANGE:		20070417

ISSUER:		

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			CADIZ INC
		CENTRAL INDEX KEY:			0000727273
		STANDARD INDUSTRIAL CLASSIFICATION:	WATER SUPPLY [4941]
		IRS NUMBER:				770313235
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1231

	BUSINESS ADDRESS:	
		STREET 1:		777 SOUTH FIGUEROA STREET
		STREET 2:		SUITE 4250
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90017
		BUSINESS PHONE:		213-271-1600

	MAIL ADDRESS:	
		STREET 1:		777 SOUTH FIGUEROA STREET
		STREET 2:		SUITE 4250
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90017

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	CADIZ LAND CO INC
		DATE OF NAME CHANGE:	19920703

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	PACIFIC AGRICULTURAL HOLDINGS INC
		DATE OF NAME CHANGE:	19920602

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	ARIDTECH INC
		DATE OF NAME CHANGE:	19880523

REPORTING-OWNER:	

	OWNER DATA:	
		COMPANY CONFORMED NAME:			Grant Geoffrey T
		CENTRAL INDEX KEY:			0001387874

	FILING VALUES:
		FORM TYPE:		3/A
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	000-12114
		FILM NUMBER:		07769873

	BUSINESS ADDRESS:	
		BUSINESS PHONE:		805-695-7340

	MAIL ADDRESS:	
		STREET 1:		1482 E. VALLEY ROAD
		STREET 2:		SUITE 555
		CITY:			SANTA BARBARA
		STATE:			CA
		ZIP:			93108
</SEC-HEADER>
<DOCUMENT>
<TYPE>3/A
<SEQUENCE>1
<FILENAME>form3_ex.xml
<TEXT>
<XML>
<?xml version="1.0"?>
<ownershipDocument>

    <schemaVersion>X0202</schemaVersion>

    <documentType>3/A</documentType>

    <periodOfReport>2007-01-19</periodOfReport>

    <dateOfOriginalSubmission>2007-01-31</dateOfOriginalSubmission>

    <noSecuritiesOwned>0</noSecuritiesOwned>

    <issuer>
        <issuerCik>0000727273</issuerCik>
        <issuerName>CADIZ INC</issuerName>
        <issuerTradingSymbol>CDIZ</issuerTradingSymbol>
    </issuer>

    <reportingOwner>
        <reportingOwnerId>
            <rptOwnerCik>0001387874</rptOwnerCik>
            <rptOwnerName>Grant Geoffrey T</rptOwnerName>
        </reportingOwnerId>
        <reportingOwnerAddress>
            <rptOwnerStreet1>C/O PELOTON PARTNERS LLP</rptOwnerStreet1>
            <rptOwnerStreet2>17 BROADWICK STREET</rptOwnerStreet2>
            <rptOwnerCity>LONDON</rptOwnerCity>
            <rptOwnerState>X0</rptOwnerState>
            <rptOwnerZipCode>W1F ODJ</rptOwnerZipCode>
            <rptOwnerStateDescription>UNITED KINGDOM</rptOwnerStateDescription>
        </reportingOwnerAddress>
        <reportingOwnerRelationship>
            <isDirector>1</isDirector>
            <isOfficer>0</isOfficer>
            <isTenPercentOwner>1</isTenPercentOwner>
            <isOther>0</isOther>
        </reportingOwnerRelationship>
    </reportingOwner>

    <nonDerivativeTable>
        <nonDerivativeHolding>
            <securityTitle>
                <value>Class A Common Stock (&quot;Common Stock&quot;)</value>
            </securityTitle>
            <postTransactionAmounts>
                <sharesOwnedFollowingTransaction>
                    <value>1134478</value>
                </sharesOwnedFollowingTransaction>
            </postTransactionAmounts>
            <ownershipNature>
                <directOrIndirectOwnership>
                    <value>I</value>
                    <footnoteId id="F1"/>
                </directOrIndirectOwnership>
                <natureOfOwnership>
                    <value>See Footnote</value>
                    <footnoteId id="F1"/>
                </natureOfOwnership>
            </ownershipNature>
        </nonDerivativeHolding>
    </nonDerivativeTable>

    <derivativeTable>
        <derivativeHolding>
            <securityTitle>
                <value>Common Stock convertible from Term Loan Agreement</value>
            </securityTitle>
            <conversionOrExercisePrice>
                <footnoteId id="F4"/>
            </conversionOrExercisePrice>
            <exerciseDate>
                <footnoteId id="F2"/>
            </exerciseDate>
            <expirationDate>
                <footnoteId id="F3"/>
            </expirationDate>
            <underlyingSecurity>
                <underlyingSecurityTitle>
                    <value>Convertible Debt</value>
                </underlyingSecurityTitle>
                <underlyingSecurityValue>
                    <value>36375000</value>
                </underlyingSecurityValue>
            </underlyingSecurity>
            <ownershipNature>
                <directOrIndirectOwnership>
                    <value>I</value>
                    <footnoteId id="F1"/>
                    <footnoteId id="F2"/>
                </directOrIndirectOwnership>
                <natureOfOwnership>
                    <value>See Footnote</value>
                    <footnoteId id="F1"/>
                </natureOfOwnership>
            </ownershipNature>
        </derivativeHolding>
    </derivativeTable>

    <footnotes>
        <footnote id="F1">Mr. Grant, the Chief Investment Officer, conducts the investment activities of, Peloton Partners (together with Mr. Grant,
 the &quot;Reporting Persons&quot;), the investment manager of Peloton Partners LP and Peloton Multi-Strategy Master Fund, Ltd. (the
 &quot;Investment Entities&quot;).  The Reporting Persons hold the reported securities indirectly through the Investment Entities.
 Neither Peloton Partners nor Mr. Grant directly own any shares of Common Stock.  Peloton Partners and Mr. Grant disclaims
 any beneficial ownership of the shares of Common Stock included in this report to the extent such beneficial ownership
 exceeds such person's pecuniary interest.</footnote>
        <footnote id="F2">The convertible term loan (&quot;Term Loan&quot;) which is comprised of two tranches (&quot;Tranche A Term Loan&quot; and &quot;Tranche B Term Loan&quot;)
 provide Peloton Partners the right to purchase common stock.  The conversion of the Term Loan can occur at Peloton Partner's
 election.</footnote>
        <footnote id="F3">The final maturity date is June 30, 2011.</footnote>
        <footnote id="F4">The conversion price in Item 4, above, is dependent upon the respective Tranche (Tranche A Term Loan and Tranche B Term
 Loan).  The exercise price for Tranche A is $18.15 while the original aggregate amount of the Tranche A Term Commitment is
 USD$10,000,000.  The exercise price for Tranche B is $23.10 while the original aggregate amount of the Tranche B Term
 Commitment is USD$26,375,000.</footnote>
    </footnotes>

    <remarks>Peloton Partners LLP (&quot;Peloton Partners&quot;), on behalf of Geoffrey Grant (&quot;Mr. Grant&quot;), is amending this Form 3 due to a
 miscalculation in Table I, box 2, the amount of securities beneficially owned.</remarks>

    <ownerSignature>
        <signatureName>/s/ Geoffrey Grant on behalf of himself and Peloton Partners, LP</signatureName>
        <signatureDate>2007-04-12</signatureDate>
    </ownerSignature>
</ownershipDocument>
</XML>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-99
<SEQUENCE>2
<FILENAME>jtfilerinfo.txt
<DESCRIPTION>JOINT FILER INFORMATION
<TEXT>
                             JOINT FILER INFORMATION

NAME: Peloton Partners LLP
- ----

ADDRESS:  17 Broadwick Street
- -------   London, United Kingdom W1F ODJ

DESIGNATED FILER: Geoffrey Grant

ISSUER: Cadiz, Inc.
- ------

DATE OF EVENT REQUIRING STATEMENT: January 19, 2007
- ---------------------------------

SIGNATURE:

PELOTON PARTNERS LLP


/s/ Geoffrey Grant
- ------------------------------------
By:  Geoffrey Grant
Title:  Chief Investment Officer

</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
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