Washington farmers have lost at least $336 million due to the ongoing drought, a figure that is likely to climb as more information becomes available.
The Capital Press reported that a state Department of Agriculture report estimated dollar losses for crops such as wheat, apples, blueberries and raspberries. Losses for Washington staples such as potatoes, milk and cattle will be tallied later as figures on yields and prices become available.
Nearly two-thirds of growers who answered the department’s survey said the quality or marketability of their crops suffered during the drought.
The preliminary assessment did not try to put a figure on how much farmers spent to cope with drought.
A final report is due in one year.
Topics Profit Loss Agribusiness Washington
Was this article valuable?
Here are more articles you may enjoy.
Business Interruption Claims Arising From the Middle East Conflict 
Florida Needs More – Much More – Wind Mitigation, Say Experts at OIR Summit 
Hedge Fund Money Is Reshaping a 180-Year-Old Insurance Model 
State Farm Agrees to $15M Settlement for Underpaid Vehicle Claims 
