Model for Calculating Agricultural Flood Loss

Project summary:

There have been many studies on economic losses on agricultural lands due to drought. However, there is little knowledge of economic losses due to flooding events. For this project, the TWDB will contract with Texas A&M AgriLife Extension Service to create a model for calculating economic losses due to flooding events on agricultural lands. For their first task, AgriLife Extension will perform an extensive literature review on existing methods. Using their findings, AgriLife Extension will create a Microsoft Excel-based tool for estimating economic losses due to flooding events. This tool will help farmers and local planners better assess potential economic damages due to flooding on agricultural lands.

Project deliverable(s):

A Microsoft Excel-based tool for estimating economic losses of crops and/or livestock due to flooding events, a report describing the literature review and the tool's methodology, and a user guide for the tool.

Contractor (and Principal Investigator, if appropriate):

Texas A&M AgriLife Extension Service

Contract amount:

$90,448

Project lead:

Heather Rose

Project timeline:

September 2022 - June 2024