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

12.10.2018 1084 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
04.08.2026

The rising cost of severe weather for South African farmers

Severe weather events across South Africa continue to expose the agricultural sector to escalating climate-related risks. While hail remains a major concern, farmers are increasingly having to contend with multiple weather hazards – from strong winds and heavy rainfall to localised flooding and unseasonal conditions – often during the same production cycle.

04.08.2026

Philippines - Go pushes expanded agriculture insurance

SEN. Bong Go urged the government to expand crop insurance, post-harvest infrastructure, and financing programs to protect the agriculture sector from mounting risks and ensure the country’s food security.

04.08.2026

Nepal - Farmers fight wild boars to save crops

Farmers in Jajarkot are spending day and night guarding their maize fields after wild boars and monkeys began destroying crops across several villages in Bheri Municipality.

04.08.2026

French and Spanish wildfires: Insurance coverage and regulatory implications

The 2026 wildfires in France and Spain are a significant test of European property, agricultural and business interruption insurance. The scale of land burned, precautionary evacuations and disruption to rural, tourism and agricultural activity underline the growing relevance of wildfire as a European exposure. 

04.08.2026

Philippines - Local farmers get easy access to free seeds, insurance in neighborhood drive

Twenty-nine local farmers in Barangay Bugo recently received direct access to government agricultural support following a registration drive brought straight to their neighborhood on July 31, 2026.

04.08.2026

Bangladesh - Rain-induced crop damage inflicts colossal losses on Bogura farmers

Weeks of heavy monsoon rain and upstream flows from northern rivers have damaged  crops largely across parts of Bogura, leaving thousands of farmers facing steep financial losses while government relief remains limited, according to farmers,  agriculture officials and district authorities.

03.08.2026

USA - Insured Acres, Base Acres, and the Farm Bill’s Crop Risk Assistance

The US farm bill crop safety net targets two risks.  Crop insurance targets production-period low yield and revenue risk.  

03.08.2026

Malaysia - Tambunan farmers suffer crop damage as river overflows

Continuous heavy rain sparked a flash flood in Kampung Kuala Namadan on Monday afternoon after Sungai Pegalan overflowed its banks.