Flooding to cost Louisiana ag at least $110m

Flooding to cost Louisiana ag at least $110m

Unharvested soybean crop will likely take hardest hit.

Heavy rains that recently caused historic flooding in south Louisiana will cost the state’s agriculture industry at least $110 million, according to preliminary estimates from the Louisiana State University AgCenter.

That figure is expected to grow as farmers realize the full extent of flood damage, AgCenter economist Kurt Guidry said. Many factors — including crop yield and quality reductions, increased production costs, infrastructure damage and loss of stored commodities — are n

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