High grocery prices have been a defining economic story in recent years, driven by a combination of factors including pandemic-related supply chain breakdowns and labor shortages.
But, an increasingly critical driver of food price inflation has been the impact of natural disasters—such as droughts, floods, and hurricanes—on the nation’s agricultural output.
A new analysis from Trace One -- a company specializing in regulatory compliance for the food and beverage industry -- conducted an in-depth analysis of the latest data from the U.S. Department of Agriculture and the Federal Emergency Management Agency.
It found Jackson County farms are expected to lose a total of just under $134-thousand dollars per year to natural disasters.
The worst type of natural hazard for Jackson County agriculture is drought, which can limit water availability, reduce crop yields, and challenge livestock production.
You can read the full study here.
