Agroinsurance

NEWS

Minister Mai says agriculture contributes $840 million to Belize’s economy

29.05.2025 142 views

Jose Mai, Minister of Agriculture, Food Security, and Enterprise, emphasized the remarkable growth of Belize’s agricultural sector on Wednesday, May 28, during the 2025 Budget Debate in the House of Representatives at Independence Hill in Belmopan.

He pointed to significant investments in crop production, agro-processing, and expanding exports that have strengthened Belize’s agricultural economy.

Minister Mai stated that agriculture’s contribution to Belize’s economy had expanded by over 50% in just four years, reaching $842.4 million in 2024.

He credited the success to PlanBelize’s Farm to Table strategy, which has encouraged confidence in the sector and attracted investments in processing facilities for poultry, dairy, soybean meal, coconut products, and more.

Source - https://www.breakingbelizenews.com

The Minister also underscored resilience in export industries such as sugar, bananas, citrus, shrimp, and coconuts, vowing to continue Belize’s agricultural transformation under PlanBelize 2.0.

EVENTS

ScaleAgData Stakeholder Engagement Event

22.10.2024

The ScaleAgData project is pleased to invite you to our second stakeholder event. Building on the discussions and connections formed during our first webinar, this event will focus on fostering collaboration among stakeholders, providing updates on our project’s progress, and outlining future opportunities for engagement.

RISK EVENTS

Cyclone Alfred causes $11 million crop damage in Australia

20.03.2025

The Australian horticultural sector faced challenges following Cyclone Alfred's impact in late February.

India - Kashmir fruit growers’ association demand urgent implementation of crop insurance

Yet another powerful hailstorm that swept through multiple areas of Kashmir, including parts of Shopian, Kulgam, Bandipora, Ganderbal, Handwara, Rafiabad, and Baramulla, has caused massive destruction to apple orchards, leaving fruit growers reeling under severe losses.

03.06.2025

Canada - Beef farmers want fair shake for livestock price insurance

Livestock producers face a fundamental inequality when it comes to business risk management (BRM) programs in Canada — but industry groups are proposing a fix.

03.06.2025

S. Korea Launches an Agricultural Satellite in 2026 to Respond to Food Security and Natural Disasters

On 12 May, H.E. Song Miryung, Minister of Agriculture, Food and Rural Affairs, visited a site for development of an agricultural satellite in Korea Aerospace Industries (KAI) in Sacheon-si (the city of Sacheon), Gyeongsangnam-do (a province located in the southeastern tip of South Korea).

03.06.2025

USA - Hawaii firm wins EPA approval for aquaculture operation off Sarasota coast

Federal environmental authorities this month granted a permit for the operation of a long-discussed aquaculture operation offshore from Sarasota-area beaches.

03.06.2025

USDA Provides $1 Billion In Drought or Wildfire Impacted Livestock Producers

Last week the US Department of Agriculture announced the release of Congressionally mandated funds under the Emergency Livestock Relief Program to cover grazing losses on eligible wildfire or drought events in 2023 and/or 2024.

03.06.2025

Aim to uplift Fiji’s non-sugar agriculture sector

Cabinet yesterday endorsed Fiji’s Non–Sugar Agriculture Sector Policy 2025 – 2035.

02.06.2025

India - Small tea growers seek MSP, crop insurance & agent regulation

The North East Confederation of Small Tea Growers’ Association (NECSTGA), an Assam-based umbrella organisation, has intensified its appeal to the central government, urging immediate interventions to safeguard India’s 200-year-old tea industry.

02.06.2025

Kenya - Ruto tips blue economy investments to unlock Ksh 400B sector potential

President William Ruto has said the government is prioritising the blue economy as a key frontier for economic growth.