Commissioner Adam Putnam announces estimated $1.5 Billion in Agricultural Damages Due to Hurricane Michael

By | November 9, 2018

Released by the Florida Department of Agriculture 

 

 

TALLAHASSEE, Fla .– Florida Commissioner of Agriculture Adam H. Putnam has announced that estimated agricultural damages due to Hurricane Michael total nearly $1.5 billion, with the timber industry bearing the brunt of the devastation at $1.3 billion in economic losses.

“Hurricane Michael devastated the Florida Panhandle, and many of Florida’s rural communities, which rely heavily on agriculture, took the worst hit. As we continue to rebuild, we must prioritize rural economic development programs at the local, state and federal levels,” stated Commissioner of Agriculture Adam H. Putnam.

The estimated economic agricultural damages according to the Florida Department of Agriculture and Consumer Services’ preliminary report are as follows:

Total Florida agriculture: $1,481,843,193

Forestry: $1,289,023,465

Cotton: $49,877,183

Cattle: $43,319,925

Peanuts: $23,049,369

Nurseries and Floriculture: $16,117,366

Poultry and Eggs: $10,026,000

Vegetables: $8,613,841

Other Field Crops: $7,282,946

Dairy: $6,435,000

Aquaculture: $5,000,887

Fruits: $4,356,663

Tree Nuts (including pecans): $4,089,676

Apiary: $1,960,000

 

This report summarizes estimated crop losses and total losses for each commodity group. Crop losses include: reduced agricultural sales due to wind or flood induced product losses, decreased yields, spoiled product, and dead livestock. Total losses include crop losses in addition to ancillary losses experienced by producers, such as: debris cleanup, additional feed or harvest costs, damage to land, infrastructure, and equipment.

These estimates are based on data obtained from the USDA National Agricultural Statistics Service, the UF-IFAS Reports on crop damage from Hurricane Michael, Timber Damage Estimates prepared by the Florida Forest Service, and individual assessment surveys the Florida Department of Agriculture and Consumer Services conducted with industry leaders and individual producers. These are early estimates and the total agricultural economic losses resulting from Hurricane Michael may change.