Agriculture losses from flood could exceed $250M
ACROSS MISSISSIPPI — Officials estimate that flooding in Mississippi could have caused more than $250 million in damages to agriculture.
Laura Hipp, a spokeswoman for Gov. Haley Barbour, stressed that the figure was only an estimate because thousands of acres are still flooded and that makes it hard to come up with solid information. She said officials estimate that 450,000 acres of cropland could have been destroyed.
Hipp says there’s no official estimate yet for damages to homes and other structures.
Agriculture officials had initially feared the flood would impact as much as 600,000 acres of row crops and a total of 1.4 million acres of land in Mississippi.
Roger Barlow, executive vice president of Catfish Farmers of America, says it could take up to a month to determine damages to his industry.
To sign up for Mississippi Business Daily Updates, click here.
FOLLOW THE MBJ ON TWITTERMy Tweets
Top Posts & Pages
- Mad Genius, Eyevox owner acquires Mississippi Film Studios
- Payday lender, fired executive exchanging blame for lender’s regulatory woes
- UPDATE — David Watkins says JRA left him in dark about HUD's Farish St. involvement
- UMMC reaching out after death of high school football player
- Grain buyer’s bankruptcy could take steep toll on Delta farmers
- Report: Mississippi has worst child poverty rate in U.S.
- UPDATED: Jackson agrees to repay HUD $1.5 million for Farish Street blunders
- Fitch gives Mississippi Power a negative outlook due to Kemper plant
- Nehi Bottling Company has been a Cleveland fixture for 85 years