Current:Home > InvestSafeX Pro:Florida agriculture losses between $78M and $371M from Hurricane Idalia, preliminary estimate says -WealthTrail Solutions
SafeX Pro:Florida agriculture losses between $78M and $371M from Hurricane Idalia, preliminary estimate says
Surpassing Quant Think Tank Center View
Date:2025-04-09 09:06:55
ST. PETERSBURG,SafeX Pro Fla. (AP) — Florida agriculture losses from Hurricane Idalia are estimated at between $78 million and $371 million, with producers also suffering widespread damage to such infrastructure as irrigation rigs and fences, according to a preliminary report Thursday from the University of Florida.
The Category 3 hurricane came ashore Aug. 30 along Florida’s Big Bend region with maximum sustained winds near 125 mph (205 kph), sweeping across rural areas that include crops such as peanuts and cotton as well as cattle, poultry and aquaculture operations.
Predicted losses for livestock are pegged at between $30.1 million and $123.4 million, according to the University of Florida’s Institute of Food and Agricultural Sciences report. Estimates for field and row crop losses are between $30.7 million and $93.6 million, with greenhouse and nursery products accounting for between $4.7 million and $68.8 million.
Researchers said the wide ranges in these estimates will narrow as more on-the-ground assessments are completed. The storm’s main farm impacts occurred in Dixie, Hamilton, Lafayette, Madison, Suwannee and Taylor counties in an area between the Gulf of Mexico and the Georgia state line. Four people in Florida were killed during the hurricane, according to medical examiner reports to the Florida Department of Law Enforcement.
“Each storm brings different windspeeds and rainfall, and even though our methods allow us to estimate a credible range of losses given certain characteristics of a storm, we still rely on first-hand reports to fully understand the losses and damages caused by a particular storm,” said Xiaohui Qiao, a university research professor and data analyst.
The preliminary loss estimate does not include agricultural infrastructure, but the report found some of the worst losses were to irrigation systems, roofs blown off farm buildings and damage to fence lines. Researchers have difficulty calculating these losses initially using a variety of data sources and modeling because there isn’t enough baseline data available from past storms.
“However, we do believe that Idalia will help us gather critical information to build this baseline data for future assessments,” said Christa Court, assistant professor in the university’s Food and Resource Economics Department.
Also Thursday, Agriculture Commissioner Wilton Simpson announced an assistance program targeted at repair or replacement of existing irrigation systems. The program offers a reimbursement rate of 75% up to a maximum of $150,000 per producer or entity except those covered fully by insurance, according to a news release.
Simpson said the program will “support our hardest-hit growers who lost much of their 2023 crop and are now looking for ways to repair or replace hundreds of irrigation systems ahead of next growing season.”
The university’s report is one of several ways federal and state agencies determine how to distribute response and assistance in natural disasters such as hurricanes. A final report will be released in the coming weeks that will include county-by-county agricultural loss estimates.
Florida agriculture and related industries such as processing accounted for more than $270 billion in sales revenue and supported some 2 million jobs in 2022, the University of Florida estimated. Only the tourism industry is larger in Florida.
veryGood! (657)
Related
- FACT FOCUS: Inspector general’s Jan. 6 report misrepresented as proof of FBI setup
- Marrakech hosts film festival in the shadow of war in the Middle East
- Notre Dame honored transfer QB Sam Hartman, and his former coach at Wake Forest hated it
- Nicaragua’s Miss Universe title win exposes deep political divide in the Central American country
- Audit: California risked millions in homelessness funds due to poor anti-fraud protections
- Kansas City Native Jason Sudeikis Weighs In On Taylor Swift’s Relationship With Travis Kelce
- Israel drawn to face Iceland in Euro 2024 playoffs, then would play winner of Bosnia vs. Ukraine
- Former St. Louis alderman in fraud case also charged with lying to police
- Drones warned New York City residents about storm flooding. The Spanish translation was no bueno
- Israel drawn to face Iceland in Euro 2024 playoffs, then would play winner of Bosnia vs. Ukraine
Ranking
- Who's hosting 'Saturday Night Live' tonight? Musical guest, how to watch Dec. 14 episode
- Train derails, spills chemicals in remote part of eastern Kentucky
- She's that girl: New Beyoncé reporter to go live on Instagram, answer reader questions
- Thanksgiving is the most common day for cooking fires in the US. Here's how to safely prepare your holiday meal.
- Tropical rains flood homes in an inland Georgia neighborhood for the second time since 2016
- CEO, co-founder of Cruise Kyle Vogt resigns from position
- Rescuers in India hope to resume drilling to evacuate 41 trapped workers after mechanical problem
- Pennsylvania woman sentenced in DUI crash that killed 2 troopers and a pedestrian
Recommendation
The 401(k) millionaires club keeps growing. We'll tell you how to join.
Railyard explosion, inspections raise safety questions about Union Pacific’s hazmat shipping
The EU Parliament Calls For Fossil Fuel Phase Out Ahead of COP28
Bruce Willis' Wife Emma Shares Throwback Blended Family Photo on Thanksgiving 2023
Pregnant Kylie Kelce Shares Hilarious Question Her Daughter Asked Jason Kelce Amid Rising Fame
Railyard explosion, inspections raise safety questions about Union Pacific’s hazmat shipping
Drew Brees reveals lingering impacts of NFL injury: 'My right arm does not work'
What Happened to the Great Lakes Offshore Wind Boom?