USA - Michael damage could top $1 billion to Georgia agriculture

12.10.2018 776 views
As Hurricane Michael blasted into the Florida Panhandle, South Georgia agriculture prepared for the worst as the storm caught cotton, peanuts, pecans and other crops at their most vulnerable stages. Devastating crop damage is anticipated. University of Georgia agricultural economist Jeff Dorfman estimates crop damage as high as $1 billion. Cotton losses could top $600 million; peanut growers could lose $150 million; pecan growers face $200 million in losses, and $30 million of soybeans are at risk. Dorfman says the hurricane is “threatening some of Georgia’s most valuable crops right at the most crucial moment. Cotton is mostly still in the field, but the bolls are open and exposed to the rain and wind. Peanut harvest is a little farther along, but some nuts have been dug, but not harvested, meaning they are at risk of mold and severe quality loss. “Pecan harvest has barely started and the crop could be blown off trees, plus farmers could lose trees that take a decade to replace at a cost of almost $10,000 per acre. “Hopefully, losses will be smaller than these estimates, but overall Michael picked a very bad time to visit Georgia,” Dorfman says. Georgia Agriculture Commissioner Gary W. Black says the hurricane will hit at a precarious time for Georgia crops. “Michael is barreling deep through the heart of Georgia’s agriculture and with only 5 percent of pecan, 15 percent of cotton, 30 percent of vegetables and 50 percent of peanut harvest completed, the risk for damage to those crops is certainly at a peak.  We must also consider the potential of damage to our poultry and dairy farmers in the path of the storm. “We will move rapidly with other state and federal partners to determine the extent of our losses and provide assistance throughout the recovery process. Our farm families will need help. They need our prayers immediately.” Commissioner Black says the Department will aid the state’s food industry. “Our Rapid Response Team is poised to assist over 900 licensed food sales establishments and processors in the storm zone with their efforts to safely reopen for business. Our team has worked with public and private partners to open 14 pet shelters. Fuel and Measures professionals are working to ensure the integrity of the fuel supply.” Source - https://www.southeastfarmpress.com
06.04.2026

Pakistan - Governor SBP Calls for Scaling Up Zarkheze to Expand Agricultural Credit Outreach

The State Bank of Pakistan on Wednesday urged banks to expand the use of its digital agricultural lending platform, Zarkheze, to improve access to credit for small farmers and underserved areas across the country. 

06.04.2026

India - Chouhan orders crop loss assessment after storms

Union Agriculture Minister Shivraj Singh Chouhan on Sunday directed ministry officials to conduct a comprehensive assessment of crop losses following unseasonal heavy rainfall accompanied by hailstorms and strong winds over the past two days across several States. 

06.04.2026

India's Farm Insurance Goes Digital, Attracting Major Capital

Agricultural insurance in India is evolving beyond simple aid to create a detailed risk management system. 

06.04.2026

India - Crop loss, mandi curbs spark farmer protests in Haryana

Farmers staged protests in Hisar, Fatehabad and Jind on Thursday, demanding compensation for crop losses caused by recent rain, hailstorm and strong winds, while also opposing new mandi restrictions and alleging harassment during the procurement season.

06.04.2026

India - Akali leaders Harsimrat, Majithia seek compensation for crop damage due to hailstorms

Chandigarh, Senior SAD leader and Bathinda MP Harsimrat Kaur Badal on Monday urged the Union agriculture minister to send a special team to Punjab to assess the damage caused to the standing wheat crop by hailstorms.

06.04.2026

Pakistan - Rain persists in Rawalpindi and Islamabad as farmers fear wheat crop losses

Rain continued in Rawalpindi and Islamabad on Saturday, while authorities remained on alert in Murree and along Leh Nullah. Farmers in the Potohar region also expressed concern over possible damage to standing wheat crops from rain and hailstorms.

02.04.2026

USA - Court rejects crop insurance tech vendor's emergency bid to block USDA rule

The federal agency had greenlit the business model three times before reversing course.

02.04.2026

Ukraine plans to expand crop insurance program

The state crop insurance program in Ukraine is planned to be gradually scaled up and expanded to cover a wider range of crops. This was announced by the Minister of Economy, Environment and Agriculture Taras Vysotskyi, as reported by Latifundist.