In the second half of 2015, the Cambodian Center for Study and Development in Agriculture (CEDAC) implemented a two-year pilot project, the Cambodia Micro Agriculture Insurance Scheme (CAMAIS), aiming to support local smallholder farmers by providing insurance payouts to those affected by severe weather-related events.
When floods hit the country last year, CORIMARU, cooperative of farmers growing rice in Rurambi Marshland in Bugesera District, sulfered significant losses. At least 9,412 hectares of crops were reported destroyed while 797 deaths of livestock were recorded due to flooding and landslides last year and over 5,111 hectares of crops were destroyed and 589 livestock killed in the previous year.
A total of 18,005 enrolled rice and corn farmers in Negros Occidental received indemnity claims from the Philippine Crop Insurance Corp. (PCIC) amounting to almost PHP87 million in 2018. Jose Ma. Torres, head of PCIC-Negros Occidental Provincial Extension Office, said on Wednesday the claims were paid through the government’s various insurance programs.
The costliest natural catastrophes occurred in the United States in 2018 with one of California’s devastating wildfires and Hurricane Michael topping the list, according to Munich Re. A report from Munich Re on last year’s natural disasters pointed to “clear indications” that man-made climate change is a factor in California’s wildfires.
Grain farmers in the province of Ontario are finding themselves in a pinch, since there are, apparently, no insurance programs that can cover for a costly mould infestation-driven shortfall. According to the group Grain Farmers of Ontario, farmers could be looking at a $200-million shortfall due to the vomitoxin infestation of corn.
Most houses in this once infamous village are locked with inhabitants missing, as crop failure in parts of Andhra Pradesh has triggered flight of farm labourers to greener pastures. Kappatralla, which has seen at least 50 faction murders over the past two decades, is witnessing appalling scenes of human misery with farmers getting paltry insurance amount after huge crop losses.
USDA’s Risk Management Agency has announced expanded availability for Dry Pea Revenue coverage in South Dakota for the 2019 Crop Year. South Dakota dry pea policy holders will have three insurance plan options for the 2019 Crop Year: Yield Protection Plan 01, Revenue Protection Plan 02 or Revenue Protection with Harvest Price Exclusion Plan 03.
President Donald Trump signed Congress’ omnibus Farm Bill into law on Thursday, legalizing hemp at the federal level in a move that will surely bolster Tennessee’s burgeoning hemp and CBD industry. The new law will make it possible to buy crop insurance for hemp, erasing some of the risk for farmers who want to expand into the new market, and allow hemp to be moved across state lines, expanding options for exports and sales.
Jackson Lewangu looks up at the clouds scudding above the dry plains of northern Kenya. And, somewhere higher still, a satellite looks down on him. Since 2012 Mr Lewangu, who keeps goats and cattle, has bought insurance designed by the International Livestock Research Institute, based in Nairobi. The satellite monitors vegetation; when it is unusually scarce, he gets a payout.
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