Coastal futures

If someone was offering coastal futures on the stock market, I think it would be classified as a very risky investment.  A new study by a respected, non partisan outfit says sea level is now rising at a rate that is 60% higher than what previous studies have predicted.  The chance of "once in a century" storms is so much higher, they will probably be classified as "once in a decade" storms.  You can only imagine what a "once in a millenium" storm will be like. 
   One casualty of these storms will be agriculture in coastal areas.   Even if not overrun by storm surges, these storms and the torrential rainfall associated with them will effectively wipe out many farmers in these areas.  While vegetable growers will be most affected, all agricultural endeavors will be significantly more risky.  Considering the loss of prime ag land around major metro areas, this latest threat may be the death knell of large scale local ag along the east coast.  Smaller, boutique operations will continue, and if federal insurance is available and not too pricy, commodity crops will still be planted.  Still, it is hard to envision growers planting extensive acres for fall harvest if superstorms like Sandy become the norm.