Swollen rivers recede after deadly Louisiana floods
- Top 10 News for 12/2: Crude Rips on OPEC Cut; Starbucks' Schultz Steps Down; Nonfarm Payrolls Flat in Nov.
- Unemployment Rate Drops to 4.6%
- Bond yields slip on U.S. jobs data, euro steady before Italy vote
- Alibaba (BABA) Founder Jack Ma Discuss Plans to Retire; 'I Don't Want to Die at the Office'
- Starbucks Coffee (SBUX) CEO Howard Schultz to Step Down, Appointed Executive Chairman; Kevin Johnson New CEO
Richard Rossi and his 4 year old great grandson Justice wade through water in search of higher ground after their home took in water in St. Amant, Louisiana, U.S., August 15, 2016. REUTERS/Jonathan Bachman
Find out which companies are about to raise their dividend well before the news hits the Street with StreetInsider.com's Dividend Insider Elite. Sign-up for a FREE trial here.
By Bryn Stole
LIVINGSTON, La. (Reuters) - Swollen rivers across much of southern Louisiana receded slowly from record levels on Monday while rescue crews searched for people stranded in flooded homes after torrential rains left seven people dead.
While the threat of flash flooding moved into Texas and the U.S. Midwest, more than 11,000 Louisianans had signed up for disaster assistance, Louisiana's governor said on social media. Over the weekend, floods inundated their homes, rising to rooftops in some areas and trapping people inside cars on a major interstate around Baton Rouge.
Emergency crews had rescued more than 20,000 people and continued to search for more after a storm dumped than 2 feet (61 cm) of rain in three days in some places.
"Our state is currently experiencing a historic flooding event that is breaking every record," Louisiana Governor John Bel Edwards said in a statement on Monday, adding that he did not know when the water would clear. Some downstream communities were still experiencing cresting rivers.
"The water started rising three or four days ago and it's still coming up right now," said Lonnie Wells, 59, as he stood on flooded state highway in French Settlement, a town in southern Livingston Parish.
The Louisiana flooding, which prompted U.S. President Barack Obama to issue a disaster declaration, resulted in seven deaths, National Weather Service meteorologist Jennifer McNatt said. Four occurred when high waters overcame motorists.
U.S. rough rice futures surged the most in five years as floodwaters hit mature fields in the region, with farmers and millers bracing for crop loss. Heavy rains also have slowed unloading of grain barges and loading of export-bound bulk cargo ships at grain terminals along the Mississippi River, causing a glut of supply that has weighed on corn prices.
The U.S. Coast Guard on Monday closed a section of the Intracoastal Waterway near Port Allen, Louisiana, due to flooding, but the Mississippi remained open to commercial navigation with no restrictions, a Coast Guard spokeswoman said.
The floodwaters were expected to linger.
"It is going to take a while for that water to make its way out,” said the National Weather Service's McNatt, who is based in Fort Worth, Texas.
Rivers in Louisiana crested at record levels in multiple places, with the Amite River reaching 46.2 feet (14 meters) in Denham Springs, 5 feet (1.5 meters) higher than a 1983 record, McNatt said.
In flood-ravaged Livingston Parish, scores of people woke up on Monday in packed emergency shelters.
Pierre and Barbara Pitard, both 76, said they had just minutes to leave their home in Denham Springs as the water rose rapidly. They were finally rescued by boat and carried to safety on Saturday night, the vessel rocking as it hit submerged pickup trucks on streets inundated by water.
"It's already under water," Pitard said of his house. "I'm worried about how you go about getting it fixed because you've got thousands of people now with the exact same problems."
Localized flooding in Texas was a concern on Monday, the National Weather Service said, especially from Houston to the Hill Country region in the central part of the state. Rain also could bring flooding to Midwestern states including Missouri, Illinois, Indiana and Michigan, forecasters said.
(Additional reporting by Karl Plume in Chicago; Writing by Letitia Stein; Editing by Tom Brown; Editing by Bill Trott)
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- Wedbush Maintains Neutral View on Smith & Wesson (SWHC) as Outlook Moderates Post Election
- Greek PM, France's Hollande discuss Greek bailout review, Cyprus
- Egypt refers two officials to court for migrant boat capsizing
Create E-mail Alert Related CategoriesReuters
Related EntitiesSecond Curve Capital, Barack Obama
Sign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!