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

12.10.2018 1010 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
07.07.2026

Ukraine - Cold spring delayed soybean development and increased harvest loss risk

The cold spring and low temperatures at the beginning of sowing had a negative impact on the development of soybeans in Ukraine. 

07.07.2026

Severe storms drench China, leading to deaths and crop damage

China’s central and southern regions have been lashed by heavy rain that’s led to deaths and crop damage, with more extreme weather expected later this week from a strong typhoon heading toward the country’s east.

07.07.2026

Severe storms flooded roads and battered vineyards in northeastern Italy

Large hail and strong winds hit towns in Veneto and Friuli, raising fears of crop damage in a key wine-growing region.

07.07.2026

Australia - Bird flu compensation leaves business interruption insurance gap

The spread of H5 bird flu to a third Australian state has focused industry attention on a structural feature of the country’s animal-disease risk model that matters to underwriters and brokers: government compensation for avian influenza reimburses culled birds but excludes the business-interruption losses that often exceed them, leaving a coverage gap that the private market fills only partially and, brokers say, on tightening terms.

07.07.2026

Livestock insurance offers hope to drought-hit Somalia pastoralists

A record drought wiped out nearly half of Iido Abdikarin Abdille's herd in northern Somalia, but a livestock insurance programme is helping to ease the financial burden on pastoralists like her.

07.07.2026

Spain - The Board will sign an agreement with Enesa to share data in the management and control of aid for agricultural insurance

The Governing Council of the Junta de Extremadura has given the green light to the subscription of an administrative cooperation agreement between the regional administration and the State Agricultural Insurance Entity (Enesa), with the aim of facilitating the exchange of information for the management and supervision of subsidies for agricultural insurance contracts.

06.07.2026

Canada - Prairie Storms Expected to Generate Significant Crop Hail Claims

Golf-ball-sized hail reported in parts of Saskatchewan and Manitoba.

06.07.2026

Bangladesh - Flood forecasting technology key to reducing crop losses: IEB president

Engineers and academics on Monday stressed the need for technology-driven flood forecasting and early warning systems to strengthen Bangladesh's resilience against floods and minimise damage to lives, livelihoods and agriculture.