Louisiana Flooding to Cost Farmers at Least $110 Million

August 26, 2016 03:10 PM
 
 

Louisiana farmers will lose at least $110 million from flooding that inundated fields and ruined crops, according to estimates by Louisiana State University, AgDay revealed. The cost to farmers could be higher because the full extent of the damage is not yet known, according to officials. Damage to soybeans is put at $46 million, with yield reductions for rice at $44 million, along with losses of $3 million for sugarcane.

Watch the full AgDay segment for details.

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