The storm's greatest impact was the loss of sugar cane crops in Louisiana. An estimated of sugar cane in 16 parishes was damaged, and about 20 percent was completely ruined. After a tour of the affected area, then-Governor Edwin Edwards estimated crop damage alone at $400 million, although a more recent estimate placed total agricultural damage from the hurricane at $74 million. The sugar cane crop was crucial to the country's sugar supplies, rendering the losses "doubly bad", and sugar futures rose drastically after the storm. Other crops damaged by Carmen included soybeans, rice, and cotton.