Agroinsurance

NEWS

Russia - 2021 saw potato production drop

05.01.2022 3061 views

According to the operational information of the Ministry of Agriculture of Russia, as of November 17, 2021, the potato harvest in the organized sector of the Russian Federation amounted to 6,6 million tons (against 6,8 million tons in 2020). The final results of the clearing have not yet been tallied, but no big global changes in the data are expected.

The result turned out to be lower than planned (the department's experts expected that the country would receive at least 7,15 million tons of potatoes), the main reason for the shortage is unfavorable weather conditions. An emergency regime was introduced in 16 regions of Russia this year, which could not but affect the amount of harvest, the quality of potatoes, as well as the costs of production and the level of provision of certain territories with vegetables and potatoes.

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EVENTS

2024 AgroInsurance International Conference: New Partners and Agenda updates

26.02.2024

2024 AgroInsurance International Conference will take place on June 3-5, 2024 in Belgrade, Serbia, at the Hyatt Regency Hotel. Planet Labs (USA) and GAF AG (Germany) are sponsors of our conference. Agremo (Serbia) has been confirmed as the Organization Partner. More partners and sponsors to be announced in March 2024.

RISK EVENTS

Spain - 30% of La Palma's banana production has already been lost due to the advance of the lava

14.10.2021

More than three weeks after the Cumbre Vieja volcano erupted, the lava that continues to flow from its interior continues to devastate everything in its path, destroying houses, infrastructure, and banana plantations. The production of Platanos de Canarias is the economic engine of the island, accounting for 50% of its GDP and 30% of the jobs on the island.

USA - Widespread root rot crop loss in 2022-23

Root rot has been established in some pea and lentil fields across North Dakota and Montana, with widespread crop loss observed in 2022-23. To help, North Dakota State University (NDSU) research is focusing on what farmers can do to reduce their root rot risk as they begin seeding their pulse crops this spring.

19.04.2024

UAE - Unprecedented floods destroy greenhouses

The United Arab Emirates experienced a "historic climatic event", according to the National Meteorological Center, which stated, "The UAE experienced the heaviest rainfall in 75 years, and the "Khatm Al-Shakla" area in Al Ain received 254.8 mm of rain in less than 24 hours." That's the equivalent of two years' rainfall by the country's standards.

19.04.2024

Philippines - P184-million crop loss to El Niño reported

Agricultural crops worth approximately P184.63 million suffered damage, while 3,427 farmers grappled with the effects of the El Niño phenomenon. Sylvia Dela Cruz, the provincial agriculturist of Capiz, reported that data from 13 municipalities showed 3,115.11 hectares of rice land impacted, with 852.41 hectares totally damaged and 2,272.70 hectares partially damaged.

19.04.2024

Canada - The B.C. agriculture sector continues to face relentless challenges, one after another

Facing increasing drought, alarming climate change, high levels of food insecurity and a myriad of distinct microclimates in all parts of the province, farmers are continually searching for ways to mitigate their obstacles.

19.04.2024

Cocoa prices hit records as West African yields decline

Cocoa prices broke $10,000 per ton for the first time in March, amid disease outbreaks and destructive weather patterns in West Africa. Cocoa futures were as high as $10,080 in New York at the close of the first quarter, having more than doubled this year – due to expectations of a shortage of cocoa beans, the raw material used to make chocolate.

19.04.2024

Bangladesh - Climate change in the north-west

The north-west — Rajshahi and Rangpur divisions — of Bangladesh produces more than one-third of the country’s staple food, especially boro rice. The region has 40 per cent of the country’s total irrigated area and 30 per cent of the net cultivable area, with the highest average rice yield.

19.04.2024

Canada - Blossoms arrive early, farmers fearful of April frost

All eyes are on the short-term weather forecast for local stone fruit farmers thanks to Mother Nature’s unpredictable ways. In a strange twist that saw this year’s mild winter help create an early explosion of healthy blooms over the past week, forecasted low overnight temperatures over the next two weeks could create a disastrous situation.

19.04.2024

USA - USDA reminds agricultural producers to report damage or losses following inclement weather

During the spring time of the year we do see inclement weather conditions, something that has occurred quite a bit over the past few weeks across the country. Due to this, the USDA Farm Service Agency (FSA) wants to remind agricultural producers to report damage or losses following inclement weather.