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Florida’s Drought and Cold Weather Could Raise Food Prices

Product management company Trace One just released a study identifying U.S. counties and states with the largest agricultural losses due to natural disasters.

In Florida, the recent drought combined with the historic freezes during the 2025-2026 winter season has had a devastating effect on the state’s agricultural industry.

Prolonged subfreezing temperatures across several counties caused more than $3.1 billion in agricultural losses to key commodities like sugarcane, citrus, and strawberries, prompting the U.S. Department of Agriculture (USDA) to issue a federal disaster declaration to help producers recover.

With the impact of these natural disasters, Florida consumers could see higher food prices, as you also include what is happening with the war in Iran.

Trace One says one of the locations where farmers are being hit financially by drought, wildfires, and storms is in North Florida, Duval County.

The newest data on the impact of natural disasters on Duval County agriculture shows Duval County farms are expected to lose a total of about $156.8K per year to natural disasters—an average per-farm loss of $499.

What’s at stake nationally? According to the USDA, there are just under 1.9 million farms in the U.S. that produce nearly $527 billion in crop and livestock value annually.

National impact of natural disasters. FEMA estimates that the U.S. loses approximately $5.1 billion in agricultural value each year due to natural hazards—primarily drought—and that this amounts to more than $2,700 per farm.

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