South Africa - Potato prices see a rise due to frost damage

30.08.2024 650 views

Data from Potatoes SA indicates that the average national price for potatoes in South Africa experienced a 15% increase in the week leading up to August 28, following a severe black frost event in Limpopo province. This region, known for its contribution to the potato market, especially from July to December, faced its harshest frost in recent years, resulting in significant crop losses. Consequently, the price for a 10 kg bag of potatoes escalated to R85.31 from R74.24 in just one week, with areas such as Nelspruit and Cape Town witnessing prices nearing R100 per bag.

This price hike is notable against the backdrop of South Africa's recent food inflation trends, where July saw a deceleration to 3.9% from 4.1% in June, marking the lowest rate since January 2020. Additionally, consumer inflation in the country decreased to 4.6% year-on-year in July, down from 5.1% in June, reaching a three-year nadir. The country, which ranks as the third-largest potato producer in Africa with a 2023 output of 2.4 million tons, behind Egypt and Algeria, relies heavily on potatoes as a staple food, alongside maize meal and bread.

Source - https://www.freshplaza.com

27.04.2026

India - Crop Ruined by Parrots is 'Damage by Wild Animals', says HC; Gives Relief

Holding that citizens cannot be forced to bear losses caused by protected wild animals, the Nagpur Bench of the Bombay High Court has ruled that denying compensation to a farmer merely because parrots were omitted from a government list would breach principles of equality. 

27.04.2026

The World Bank: Agri-risk management in Bulgaria

CAP has steered Bulgarian agriculture toward greater resilience, but the sector continues to suffer from an absence of a comprehensive risk management strategy and limited research on internal and external risks, the report concludes.

27.04.2026

USA - Farmers Broaden Risk Strategies Beyond Crop Insurance Programs

Farmers and ranchers are using a broader mix of tools to manage risk as markets, weather, and policy uncertainty continue to shift. A new report from the USDA Economic Research Service shows savings and off-farm income remain the most common risk management strategies on U.S. farms.

27.04.2026

Nigeria - Firm, FG Disburse ₦396m Insurance Payout to Farmers in Four States

The Federal Government has partnered with Leadway Assurance and PULA Advisors to pay out N396.7m in insurance claims to smallholder farmers, in a move aimed at protecting Nigeria’s food system from worsening climate risks.

27.04.2026

Ghana Targets US$3bn Post-Harvest Loss With One Million Tonne Storage Plan

Ghana loses an estimated $3 billion worth of food to post-harvest losses each year, a figure nearly equivalent to the country’s entire annual food import bill, a senior government official has disclosed, as authorities outlined a national plan to build storage and market infrastructure to reverse the trend.

27.04.2026

Australia - Farmers in WA food bowl region take $25 million cyclone hit

Fruit and vegetable producers in Western Australia's Gascoyne are estimated to have suffered losses above $25 million from Tropical Cyclone Narelle.

23.04.2026

Canada - Agricorp pays out more than $253 million after challenging 2025 season with soybeans recording the biggest losses

As of mid April, Ontario farmers claimed more than $253 million in Agricorp production insurance for the 2025 season, more than double the $115 million claimed a year earlier. 

23.04.2026

USA - Cold damages Michigan apples, peaches and cherries, MSUE say losses uneven

Michigan State University Extension educators are expecting widespread but highly variable fruit damage across the state following this weekend’s low temperatures.