I had never heard of this before, seems like a cool idea! did some reading on the subject:
https://dl.sciencesocieties.org/publications/jpa/abstracts/6/2/267?access=0&view=pdf
https://grdc.com.au/resources-and-publications/groundcover/ground-cover-issue-90-january-february-2011/equations-for-fallow-water-storage
From what I understand(and please forgive/educate me if I misunderstand), they rotate from crop to fallow every other year, and they leave crop stubble and chaff on the field after harvest for the fallow year - which in terms of conventional commodity farming, is a very novel approach; in terms of permaculture this is a very simple principle - they are using mulch to retain moisture! Granted, it is a VERY thinlayer, using the chaff on hand, and likewise, only retains a LITTLE extra moisture, comparatively, but in terms of hundreds or thousands of acres, the retention is huge, and fully mulching all that land would be cost prohibitive.
So, in terms of a 1000 sq ft garden you're going to have VASTLY better water retention with full mulch than using this fallow system. but, even this fallow system is better than bare ground.
Growing on my small acre in SW USA; Fruit/Nut trees w/ annuals, Chickens, lamb, pigs; rabbits and in-laws onto property soon.
Long term goal - chairmaker, luthier, and stay-at-home farm dad. Check out my music! https://www.youtube.com/@Dustyandtheroadrunners