Losses from Hurricane Milton could reach as high as $34 billion, according to an early estimate of both flood and wind damage from research firm CoreLogic, with between $4 billion to $6 billion of those losses being uninsured flood damage.

Hurricane Milton caused an estimated $1.5 billion to $2.5 billion in damage to Florida's crops and agricultural infrastructure, according to a preliminary assessment released by the state's Department of Agriculture and Consumer Services on Thursday.

Florida Agriculture Commissioner Wilton Simpson said Thursday that the financial damage to the state’s agriculture industry from Hurricane Milton will likely exceed $2 billion. Speaking alongside Florida U.