Home > News > Damages to Georgia’s Ag Industry from Michael Raised to Almost $3 Billion

Hurricane Michael caused as much as $2.9 billion in damage to Georgia agriculture, according to the latest estimates from the state agriculture department. That total could be lower depending on how much of the state’s cotton crop can be salvaged. The latest estimate is that cotton losses could run anywhere from $300 million to $800 million.

About a million acres of timber were destroyed at a cost of $1 billion, according to the state agency, and the damage to Georgia’s pecan crop is estimated at $560 million. “Pecan farmers will take a decade to recover from the loss of a mature tree, and many of these farmers were still recovering from Irma when Michael rolled through,” the state agency says.

There was another $480 million in damage to vegetable crops, including sweet corn, cucumbers, squash, peppers and peas.

Source: AgriMarketing


Be among the first to learn about the ever-changing crop insurance industry by subscribing to the ProAgMessaging system.