What is in this article?:
- Minimal losses to ag following flood
- Only $3 million in losses to LRGV
- Levee system saved area
Massive floodwaters that were safely channeled through South Texas in the summer of 2010 caused minimal agricultural losses, according to statistics released recently by the U.S. Department of Agriculture.
“Despite the threat of floodwaters not seen here in over 30 years, crops did well this year,” said Dr. Luis Ribera, an agricultural economist at the Texas AgriLife Research and Extension Center in Weslaco.
The good news may stretch into 2011, thanks to healthy commodity prices for growers, he said.
“Ag losses as of late November, according to USDA’s Risk Management Agency, total just under $3 million,” Ribera said. “While we hate to see any losses, it’s significantly lower than what we suffered in 2008 and 2009.”
And it’s a far cry from losses the industry would have suffered had the levees along the Rio Grande not held this summer, he added.