A new study says Florida crops suffered $158 million in damages from Hurricane Michael.
The report released Friday by the University of Florida Institute of Food and Agricultural Sciences says that almost all of the state’s cotton crop was wiped out.
Those losses total around $51 million.
Florida’s greenhouse, nursery and floriculture production suffered $39 million in losses and the state’s peanut crop took a hit of $22 million in losses.
Damage to the area’s livestock was around $23 million.
Florida lost $9 million in vegetables and melons, $4 million in fruits and $3 million in tree nuts, including pecans.
Separately, the Florida Forest Service estimates that Florida lost almost $1.3 billion in timber that would have been harvested over several years.
Topics Catastrophe Natural Disasters Florida Agribusiness Hurricane
Was this article valuable?
Here are more articles you may enjoy.
Beazley Rejects Zurich Insurance’s £7.7 Billion Takeover Bid
Grandson Not Covered Under Grandma’s Home Insurance
20,000 AI Users at Travelers Prep for Innovation 2.0; Claims Call Centers Cut
Travelers Q4 Net Income Up 20% on Underwriting, Lower Catastrophe Losses 

