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March 19, 2019Nebraska | By: AP
(Photo courtesy of The Weather Channel)
The president of the Nebraska Farm Bureau says farm and ranch losses due to the
devastating flooding could reach $1 billion in the state.
Steve Nelson estimates $400 million in crop losses because of crops that will
be planted late, if at all. He also estimates as much as $500 million in
livestock losses as Nebraska and other Midwestern states struggle with swollen
rivers and breached levees following heavy rain and snowmelt.
Nelson says that he wouldn't be surprised if "lost
agriculture numbers go over a billion dollars."
Agriculture amounts to 20 percent of Nebraska's gross domestic product and
provides one of every four jobs in the state.
Nelson says flooding is costing the state's cattle industry $1 million a day in
costs that usually aren't covered by insurance.
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