Hurricane Ida did Greater than a half-billion greenbacks’ worth Of damage to Louisiana agriculture. The LSU AgCenter says the Class 4 hurricane’s complete damage to Louisiana’s agriculture enterprise is A minimal of $584 million.
Economist Kurt Guidry tells The Hill that about half the damage is to the timber enterprise, The very biggest-grossing ag commodity Inside the Bayou State. Over 168,000 acres of timberland have been affected by the hurricane’s winds, which triggered an estimated $300 million in damage.
The AgCenter report says Collectively with the timber, 35 % of the damage is estimated to be in infrastructure losses Similar to gear. Completely different commodities like sugarcane, horticulture, and livestock have been additionally affected by Ida. Sugarcane took a 35 million greenback hit, whereas horticulture additionally noticed roughly $9.5 million in damages. Livestock losses are presently low, with solely 22 recorded livestock deaths So far.
The general greenback quantity in damage additionally consists of estimates for future prices affecting manufacturing and lowered crop yields launched on by the storm.
(From the Nationwide Affiliation of Farm Broadcasters)