The purpose of this study was to investigate the effects of signaled transitions from relatively rich to lean conditions of food reinforcement on drinking concurrently available water or sucrose‐sweetened water in rats. Past research demonstrated that these negative incentive shifts produce behavioral disruption in the form of extended pausing on fixed‐ratio schedules. Four male Long‐Evans rats operated on a two‐component multiple fixed‐ratio fixed‐ratio schedule. In one manipulation, the ratio was held constant and the components arranged either a large six‐pellet reinforcer (rich) or small one‐pellet reinforcer (lean). In a second manipulation, the components both produced a one‐pellet reinforcer but differed in terms of the ratio requirement, with the rich and lean conditions corresponding to relatively small and large ratios. In both manipulations, components were pseudorandomly presented to arrange four transitions signaled by retractable levers: lean‐to‐lean, lean‐to‐rich, rich‐to‐rich, and rich‐to‐lean (the negative incentive shift). During experimental conditions, a bottle with lickometer was inserted in the chamber, providing concurrent access either to tap water or a 10% sucrose solution. The negative incentive shift produced considerably more drinking than the other transitions in all rats during both manipulations. The level of drinking was not polydipsic; rather, it appears that the negative incentive shift enhanced the value of concurrently available reinforcers relative to food reinforcement.