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University preliminary estimate: June floods affected ~800,000 acres, $206M baseline damage
Summary
The University of Arkansas presented a preliminary assessment attributing roughly 800,000 acres affected by June storms and a baseline economic damage estimate of about $206 million (range $227M–$257M when including additional losses). Estimates will be refined as federal and state data arrive.
Dr. John Anderson, representing the University of Arkansas agricultural economics team, told the joint committee that preliminary satellite and crop‑overlay analysis shows roughly 800,000 acres were affected by the June heavy‑rain event in parts of Southeast Arkansas, with just over 500,000 acres experiencing six inches or more of standing water for multiple days.
Using conservative baseline assumptions, Anderson said the team’s headline estimate of economic damage — focused on major row crops — is about $206,000,000. He provided a crop breakdown the team used for…
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