Hurricane Milton - calculating the cost to farms

Assessing Hurricane Milton's damage to U.S. farms

Hurricane Milton has left a significant mark on agriculture in the United States, particularly affecting Florida's farming regions. This storm, following closely after Hurricane Helene, brought widespread devastation, particularly to the vegetable and fruit sectors.

The hardest hit was the vegetable sector, with losses exceeding $1.6 billion due to floodwaters that rendered crops unsellable.

The fruit and tree nuts sector was not spared either, suffering significant financial losses, particularly in the citrus industry, which saw damages amounting to around $1.3 billion.

The strawberry industry, a major agricultural contributor in Florida, also faced near-total devastation. This sector, responsible for over $430 million in annual sales, found 99% of its acreage in the hurricane's path, suffering extensive damage.

Infrastructure damage was widespread as well, with barns, power supplies, and livestock containment areas severely impacted. This not only affects immediate agricultural production but also the long-term viability of these farms.

Despite these challenges, help is on the way. Farmers are supported by several disaster relief programs. Crop insurance adjustments and flexible reporting requirements are being implemented to ease some of the immediate burdens.

The Farm Service Agency is also providing additional support, while long-term aid from the farm bill's Tree Assistance Program and the Livestock Indemnity Program will help in the recovery and rebuilding efforts.

Farmers are facing a tough recovery road, but with the help of these programs, there is hope for restoring the vibrant agricultural community that supports the U.S. Economy.