Hurricane Ida triggered Greater than $500 million in damage to Louisiana’s agriculture, LSU’s AgCenter estimates.
Specialists On The center say There was A minimal of $584 million in damage to the agriculture enterprise following the Class 4 hurricane hitting the state final month.
Economist Kurt Guidry said about half of the damage is to timber, the state’s prime-grossing agriculture commodity.
There have been 168,000 acres affected by the winds from the hurricane inflicting an estimated Greater than $300 million.
“There is A quick window that downed timber Want to be salvaged earlier than illness and completely different extreme quality impacts primarily makes this timber unmarketable,” the report says.
“Additionally, typically when a climate event Similar to This occurs, The quantity of timber that turns into out there to the market can overwhelm the market, impacting each The prices acquired As properly as to The power to promote timber,” it added.
Collectively with the timber, 35 % Of damage is estimated by Guidry to be from infrastructures losses Similar to gear.
Sugarcane, horticulture and livestock have been also affected by the hurricane with sugarcane hit with $35 million in damage and horticulture seeing $9.5 million in damage.
Livestock losses are presently very low with solely 22 livestock deaths recorded So far.
The general greenback quantity in damage also consists of estimates for future value on manufacturing and lowered yield in crops from the storm.