With damages estimated so far at $3 billion or more, Hurricane Michael is "the most expensive disaster Georgia has ever seen," Georgia Commissioner of Public Health Patrick O'Neal recently said. After devastating parts of the Florida panhandle when it made landfall Oct. 10, Michael continued its path of destruction through Southwest Georgia, and officials are still adding up the losses.
The fire south of Havre burned 200 acres on Saturday, according to the Bear Paw Volunteer Fire Department. Bear Paw VFD received the call around 10:30 p.m. Resources from Bear Paw, Kremlin, and Box Elder responded. Bear Paw VFD said that although residences and outbuildings were threatened, no structures burned.
The impact of the frosts early in the year, as well as of the hail in spring and summer in Valencia's kaki producing areas, will translate into about 35-40% less production in the next campaign, which will start in autumn. "At the moment, it seems that we will harvest between 35 and 40% less than we expected before the frost and hail storms took place; that is, about 360 million kilos," says Pascual Prats, new president of the Spanish Kaki Association. "There will be no shortage of kakis, but there won't be any leftover either."
The heat is taking a toll on the cattle ranching industry in North Texas, forcing owners to sell earlier than normal. Because of the drought, the Decatur Livestock Market has seen almost twice the number of cattle being brought in. Conditions are forcing ranchers to sell their cattle too soon and is costing them thousands. With the hot and dusty weather, ranchers are going to auctions early and selling their cattle at a loss.
Europe’s grain market is bracing for more downgrades to the size of this year’s wheat crop as harvesting reaches the northern regions that have been worst hit by exceptional drought and heat since spring. Germany, the European Union’s second-largest wheat grower, has been a focus of concern, and comments this week by the country’s farming association saying it could not forecast the crop because of uncertainty about weather damage have added to market jitters.
The Substation Fire, which has burned more than 50,000 acres southeast of The Dalles, will have a substantial impact on Oregon’s agricultural economy, according to Oregon Gov. Kate Brown. In addition to causing one death and forcing several communities to evacuate, the fire is threatening wheat crops and livestock in Sherman and Wasco counties.
Owing to various catastrophes, the country’s agriculture sector witnessed loss amounting to Rs 10.89 billion in the ongoing fiscal year, according to statistics compiled by the Ministry of Agriculture, Land Management and Cooperatives (MoALMC). This accounts for the loss that the sector faced from floods and landslides triggered by the heavy monsoon rains, hailstorms and storms in the current fiscal 2017-18.
According to reinsurance broker Aon Benfield’s catastrophe risk modelling unit, Impact Forecasting, active weather events in March are expected to cost the U.S. economy $3 billion, with approximately $2 billion of this being assumed by insurers and reinsurers. Outside of the U.S., drought in Argentina and Uruguay impacted agricultural sectors, and is expected to drive economic losses of $4 billion, much of which is unlikely to be insured as a result of the low levels of insurance penetration across much of South America.
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