Florida ranchers lose $238 million to Hurricane Irma

Hurricane Irma cost Florida’s cattle ranchers $238 million. That’s based on preliminary data from the U.S. Department of Agriculture’s National Agricultural Statistics Service (NASS)

Overall, Florida saw $2.5 billion in damage to agriculture from Irma last month, NASS estimates.

More than 1.7 million cattle and calves graze approximately 6.5 million acres in Florida, with annual sales of $549 million. A statewide survey of ranches following the hurricane revealed the following losses:

An estimated 100 dead animals, each with a market value of $800, at a loss of $80,000.

An estimated 187,000 calves awaiting to be shipped to out-of-state feedlots, currently in stressful conditions, will each lose about 50 lbs in weight (loss of $75 per calf), with losses valued at $14,025,000.

Source: Drovers