Home > Famines and Crop Destruction, Natural Disasters > Australia: NSW Farmers Could Lose At Least $750 Million From Devasting Floods

Australia: NSW Farmers Could Lose At Least $750 Million From Devasting Floods

By Adam Bennett – “The agricultural industry is expected to suffer losses of at least $750 million as a result of the devastating NSW floods, with tens of thousands of livestock at risk.

As floodwaters from Queensland and northern NSW slowly flow towards western NSW townships such as Walgett and Bourke, farmers are already counting the cost of flooding around Moree and in the Brewarrina district.

Department of Primary Industries (DPI) Flood Incident Controller, Simon Oliver, said up 10,000 sheep had most likely been lost to the floodwaters, while extensive damage to crops, pastures and infrastructure was also being recorded.

A further 100,000 livestock in areas downstream were also at risk, and the DPI was now working to help farmers relocate animals to higher ground.

‘There is a conservative figure being thrown around from a preliminary estimate of $750 million, that includes all impacts on primary industries like damage to infrastructure, the cotton fields and roads, buildings and fodder storages, estimated stock losses, pasture losses and crop losses,’ Mr Oliver told AAP.

‘Obviously those figures are going to change significantly as we can get a better idea as the water clears.'” Read more.

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