Initial estimate of Louisiana rice losses: $14 million
Growers in southwestern Louisiana lost around $14 million in rice, based on the current farm-gate price, in the flooding that followed torrential rains over the weekend, estimated Dustin Harrell, a Louisiana State University rice specialist. In calculating the “highly speculative” figure, Harrell relied on suggestions that 17,200 acres of rice, or 4 percent of fields,… » Read More
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