How will Katrina affect agriculture?

Most of the recent talk regarding the hurricane has been on the topic of fuel prices and the real estate market in the areas affected, another area that will be greatly affected is agriculture. CNN.com reported that there will be an estimated $1 billion dollars that will be directly lost by the agriculture industry, an industry that has been struggling for many years. With the federal government considering cutting subsidies for agriculture, what could this mean for both agricultural producers and consumers.
Jennifer O'Dell