2022 will go into the record books as the third-costliest year for weather disasters in U.S. history, with an estimated 5 billion in total economic losses. In the agriculture sector, new analysis by AFBF economists in the latest Market Intel shows extreme weather caused more than billion in crop losses. The impact to America’s farms and ranches demonstrates the importance of farm bill programs to help rural communities recover from weather-related disasters. The Market Intel, part of AFBF’s series on disaster losses, analyzes and summarizes total crop loss estimations across all major weather events for 2022, including hurricanes Fiona...

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