Flooding Takes Economic Toll, and It’s Hardly Done

Wednesday, May 18th, 2011 Auto Catastrophe Liability Property

The swollen Mississippi River, already spilling over into wide areas of the Mississippi Delta, has dealt the South a heavy economic blow that is seeping into every possible corner of the region’s commercial and agricultural life. From Tennessee to Louisiana, the arteries and tributaries that normally supply the lifeblood of trade and business to the communities along the river’s banks are now paralyzing them. The engorged river has disrupted waterway commerce, delaying barge traffic and forcing some cargo to be trucked overland. Grain elevators, a crucial link to the nation’s grain exports, have been swamped. Early corn and soybean plantings on delta farms are submerged.


External References & Further Reading
http://www.nytimes.com/2011/05/18/us/18river.html?_r=1
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