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$15 Billion agricultural hit from Hurricane Helene

Oct 09, 2024
By Farms.com

Hurricane Helene devastates Southeast's farm sector

The aftermath of Hurricane Helene is a grim picture for the Southeast's agriculture, with total damages nearing $15 billion. This storm, the most lethal since 2017, significantly affected the region's farm communities, especially in Georgia and Florida.

Detailed analysis reveals that poultry suffered the most, followed by the cattle and dairy sectors, which faced infrastructure damages and power losses leading to operational disruptions.

The loss of pasture fencing and the displacement of cattle pose additional recovery challenges, with many farms forced to dump milk due to the lack of refrigeration facilities.

In response to the widespread destruction, various federal disaster assistance programs have been activated to support the affected agricultural sectors. These include programs aimed at helping pecan and apple farmers with orchard recovery, as well as initiatives to compensate for the loss of livestock and assist with emergency feed for surviving animals.

This federal support is intended to mitigate the financial blow to farmers and ensure the continuity of the agricultural supply chain in the affected areas, facilitating a smoother recovery process for a region crucial to America's food production.


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US “Flash Drought” Worst in 133-160 Years + Disease taking a Bite out of US 2025 Corn/Soybean Crops

Video: US “Flash Drought” Worst in 133-160 Years + Disease taking a Bite out of US 2025 Corn/Soybean Crops


A dry August and a “flash drought” in the ECB (Eastern Corn Belt) the driest top 10 to 15 years in 150 to 160 years (Ohio the driest in 133 years) plus disease is taking a bite out of the 2025 U.S. corn and soybean crops.
It's going to be an early harvest. This could be the start of the 89-year drought cycle that may have been delayed until 2026 as La Nina maybe returning.
The USDA September crop report is all about record corn ears and record soybean counts but the October USDA crop report will be about pod and ear weights.
Stats Canada reported higher forecasts for the 2025 Canadian Prairies all wheat and canola crops vs. last year based on satellite imagery but are they overestimating production?
The 2025 Great ON Yield Tour and Quebec crop tours are projecting corn and soybean crops below the 10-year average.
China's Vice Commerce Ministry Li Chenggang visits Washington this week as we continue to connect the dots is a positive sign towards a China/U.S. trade deal. But will U.S. farmers have a winter without China as they buy more soybeans from Uruguay/Argentina? U.S. Northern Plain soybean farmers are seeing red with flat prices at $8.97/bu!
U.S. corn exports on record pace up 99% vs. last year.
Fund short covering continues in corn futures bottom is in!