With more than 1 million acres of Arkansas cropland underwater, the impact of flooding to Arkansas crops and forage is expected to top $500 million dollars, according to preliminary research by agricultural economists at the Arkansas Farm Bureau. A total of 63 counties in Arkansas have been declared disaster areas as a result of storms and flooding that have ravaged the state since late April. As the state’s largest industry segment, agriculture annually accounts for $16 billion of Arkansas’ economy, so any significant impact will have effects far beyond the farmers’ and ranchers’ direct losses.
2011-05-11
Global News: Flooding to cost Arkansas agriculture over $500 million?
(News resource: Delta Farm Press, May 10, 2011)
With more than 1 million acres of Arkansas cropland underwater, the impact of flooding to Arkansas crops and forage is expected to top $500 million dollars, according to preliminary research by agricultural economists at the Arkansas Farm Bureau. A total of 63 counties in Arkansas have been declared disaster areas as a result of storms and flooding that have ravaged the state since late April. As the state’s largest industry segment, agriculture annually accounts for $16 billion of Arkansas’ economy, so any significant impact will have effects far beyond the farmers’ and ranchers’ direct losses.
With more than 1 million acres of Arkansas cropland underwater, the impact of flooding to Arkansas crops and forage is expected to top $500 million dollars, according to preliminary research by agricultural economists at the Arkansas Farm Bureau. A total of 63 counties in Arkansas have been declared disaster areas as a result of storms and flooding that have ravaged the state since late April. As the state’s largest industry segment, agriculture annually accounts for $16 billion of Arkansas’ economy, so any significant impact will have effects far beyond the farmers’ and ranchers’ direct losses.
