• Home
  • Latest
  • Fortune 500
  • Finance
  • Tech
  • Leadership
  • Lifestyle
  • Rankings
  • Multimedia

Massive Flooding Has Destroyed Midwest U.S. Farms. Here’s What You Should Know

By
Brittany Shoot
Brittany Shoot
Down Arrow Button Icon
By
Brittany Shoot
Brittany Shoot
Down Arrow Button Icon
March 21, 2019, 6:49 PM ET

A week after it began, major flooding continues to impact millions of people in states including Iowa, Missouri, Nebraska, and South Dakota.

The ongoing crisis began on Thursday, March 14, when the 90-year-old Spencer Dam broke in Nebraska, northwest of Sioux City, Iowa and Omaha. The dam rupture unleashed an 11-foot wall of water into the Niobrara River, a major tributary feeding the Missouri River. The dam was functional but under incredible strain, as are many other waterway system components in the region, due to the so-called bomb cyclone, a winter storm that dumped snow on Central and Northern Plains and Upper Midwest states in mid-March.

At least four people from Iowa and Nebraska are dead, and at least one person is missing in Nebraska.

The flooding is also particularly devastating to farmers in the region during a time of increased volatility due to President Donald Trump’s ongoing trade dispute with China, which have resulted in agricultural tariffs on corn, soybeans, and wheat. By the end of February, the U.S.-China trade war had already cost more than $40 billion in lost U.S. exports.

Reuters reports that many farmers were stockpiling corn in anticipation of prices rising as much as 10 cents a bushel, worth a potential few extra thousand dollars. But now, federal regulations require that some crops tainted by flood waters must be destroyed. That doesn’t even take into account the obvious losses of livestock and other agricultural products many farmers will simply be unable to recover. As of December, according to U.S. Department of Agriculture (USDA) data, producers in the flood-impacted states, as well as several other neighboring states, had 38% of the nation’s supply of corn, soybeans, and wheat stored on their farms, about 6.75 billion bushels total.

The numbers that just begin to quantify the flood damage are devastating. According to Reuters, Nebraska Governor Pete Ricketts put early estimates at $400 million in losses for the state’s cow-calf industry and another $440 million in crop losses. In Iowa, 100,000 acres of farmland are underwater, and the damage to agricultural buildings and machinery already totals $150 million.

As many will recall, the Missouri River flooded in 2011, and this latest 2019 flood has been far more widespread. The U.S. Geological Survey overlaid the two to show the scale of the current destruction to areas in and around Omaha.

The Missouri River saw heavy flooding in 2011, but the recent flood event has been more widespread.
Follow the link for more #MissouriRiverFlood images:https://t.co/IKmw2PvwRq #Landsat #Flooding2019 pic.twitter.com/sNQWVr2Ejv

— USGS EROS (@USGS_EROS) March 20, 2019

By Wednesday, more than three-quarters of Nebraska counties were under a state of emergency, and Anheuser-Busch pledged to send 100,000 cans of water to impacted communities. And on Thursday, Missouri Governor Mike Parson declared a state of emergency statewide as rising waters from the Missouri and Mississippi Rivers continued to threaten communities across The Show-Me State. With the Mississippi also threatening to rise in Southern states, Arkansas and Louisiana are bracing for possible disaster as well.

.@SenSasse and I joined @NENationalGuard to get an aerial view of flooding impact as we traveled to thank volunteers in Fremont, address a community meeting in Niobrara, and receive a briefing in Lynch. More here: https://t.co/78cd5jkTOG#NebraskaFlood | #NebraskaStrong pic.twitter.com/h32kyx0NE4

— Pete Ricketts (@PeteRicketts) March 16, 2019

The devastating flooding across Midwestern states is likely a sign of more to come nationwide. On Thursday, the National Oceanic and Atmospheric Administration (NOAA) issued its 2019 Spring Outlook and predicted historic, widespread flooding will continue through the month of May.

Our #SpringOutlook 2019 is out today: Historic, widespread flooding to continue through May. Find map, highlights video & more at https://t.co/nZD8blV1LP @NWS #Spring #Flooding pic.twitter.com/0maghUkrBM

— NOAA (@NOAA) March 21, 2019

About the Author
By Brittany Shoot
See full bioRight Arrow Button Icon

Latest in

Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025

Most Popular

Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Fortune Secondary Logo
Rankings
  • 100 Best Companies
  • Fortune 500
  • Global 500
  • Fortune 500 Europe
  • Most Powerful Women
  • Future 50
  • World’s Most Admired Companies
  • See All Rankings
Sections
  • Finance
  • Fortune Crypto
  • Features
  • Leadership
  • Health
  • Commentary
  • Success
  • Retail
  • Mpw
  • Tech
  • Lifestyle
  • CEO Initiative
  • Asia
  • Politics
  • Conferences
  • Europe
  • Newsletters
  • Personal Finance
  • Environment
  • Magazine
  • Education
Customer Support
  • Frequently Asked Questions
  • Customer Service Portal
  • Privacy Policy
  • Terms Of Use
  • Single Issues For Purchase
  • International Print
Commercial Services
  • Advertising
  • Fortune Brand Studio
  • Fortune Analytics
  • Fortune Conferences
  • Business Development
  • Group Subscriptions
About Us
  • About Us
  • Editorial Calendar
  • Press Center
  • Work At Fortune
  • Diversity And Inclusion
  • Terms And Conditions
  • Site Map
  • About Us
  • Editorial Calendar
  • Press Center
  • Work At Fortune
  • Diversity And Inclusion
  • Terms And Conditions
  • Site Map
  • Facebook icon
  • Twitter icon
  • LinkedIn icon
  • Instagram icon
  • Pinterest icon

Latest in

Alex Karp
SuccessCareers
Palantir’s billionaire CEO says only two kinds of people will succeed in the AI era: trade workers — ‘or you’re neurodivergent’
By Preston ForeMarch 24, 2026
4 minutes ago
Banker working at laptop at desk
Successwork-life balance
JPMorgan has started monitoring the keystrokes, video calls, and meetings of its junior investment bankers—and they say it’s for employee well-being
By Emma BurleighMarch 24, 2026
7 minutes ago
Philippine President Marcos oversees fuel subsidy rollout for public transport in Metro Manila
EnergyAsia
Philippine president declares state of emergency due to “imminent danger of a critically low energy supply”
By The Associated PressMarch 24, 2026
28 minutes ago
abortion
Politicsabortion
Republican states rush to ban abortion pills as surveys suggest they’re spiking in pro-life states
By Geoff Mulvihill and The Associated PressMarch 24, 2026
36 minutes ago
mayes
PoliticsCongress
Kalshi and Polymarket rush to update their policies after realizing that Congress could destroy them
By Ken Sweet and The Associated PressMarch 24, 2026
41 minutes ago
onlyfans
LawBillionaires
Billionaire OnlyFans founder Leonid Radvinsky dies of cancer at 43
By Kaitlyn Huamani and The Associated PressMarch 24, 2026
46 minutes ago

Most Popular

Commentary
The Treasury just declared the U.S. insolvent. The media missed it
By Fortune EditorsMarch 23, 2026
1 day ago
Personal Finance
Current price of gold as of March 23, 2026
By Fortune EditorsMarch 23, 2026
1 day ago
Economy
It took 200 years for national debt to hit $1 trillion. Annual interest alone now exceeds that—a 'crushing legacy we must reverse,' says budget chair
By Fortune EditorsMarch 23, 2026
1 day ago
Personal Finance
Current price of oil as of March 23, 2026
By Fortune EditorsMarch 23, 2026
1 day ago
Health
Trump has TACO'd again, this time in Iran, sparking a $1.7 trillion stock market rally in minutes, even as peace talks are in question
By Fortune EditorsMarch 23, 2026
24 hours ago
Economy
Larry Fink says today's economic anxiety stems from people increasingly feeling like capitalism isn't working for them
By Fortune EditorsMarch 23, 2026
23 hours ago

© 2026 Fortune Media IP Limited. All Rights Reserved. Use of this site constitutes acceptance of our Terms of Use and Privacy Policy | CA Notice at Collection and Privacy Notice | Do Not Sell/Share My Personal Information
FORTUNE is a trademark of Fortune Media IP Limited, registered in the U.S. and other countries. FORTUNE may receive compensation for some links to products and services on this website. Offers may be subject to change without notice.