Gladstone Land reports minimal damage to Southeastern U.S. farms from Hurricanes Helene and Milton; covered by insurance.
Gladstone Land Corporation reported minimal damage to its Southeastern U.S. farms following Hurricanes Helene and Milton. Damage included some wind impact on blueberry crops in Georgia and water damage to a Florida cooling facility, both covered by insurance. Most strawberry farms have largely recovered, while two citrus groves in Florida remain undamaged. The company focuses on annual crops, facilitating quicker recovery post-disaster and plans to monitor the situation closely.
October 28, 2024
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