Agroinsurance

NEWS

USA - Drought and high temperatures California drive down almond supplies

19.11.2021 1307 views

Almond production in California is expected to drop 10% to 1.3 million tons this year because of high temperatures and drought. Apart from this, the return of La Niña conditions could bring another weak crop next year.

The crop shortfall threatens to drive almond prices sharply higher, with some growers expecting a price jump of 50% or more from last year’s $1.83 per pound. Almond prices’ last big spike, to $4 per pound, occurred in 2014 in the wake of another deep California drought.

California grows virtually all the almonds cultivated in the US, and accounts for 79% of global supply. Australia is the second-biggest producing country, but production gains there failed to offset declines in California, and global almond production is expected to decline by 8%, according to USDA estimates.

Source - https://www.freshplaza.com

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

Moldova - May frosts caused heavy damage to fruit orchards

10.05.2026

The first frosty nights of May have significantly worsened estimates of damage to Moldova's fruit sector from spring frosts. According to initial assessments by fruit market operators, between a quarter and a third of the country's total orchard area was seriously affected.

Polish apple crop may decline 50% after April frosts

Sources in Poland's apple juice sector expect lower apple production in the 2026/27 season following late-April frosts in the country's main growing regions.

27.05.2026

Climate shocks drive demand for crop, livestock insurance among Kenyan farmers

As droughts and erratic weather disrupt farming seasons, more Kenyan farmers are turning to crop and livestock insurance to cushion themselves against losses.

27.05.2026

South Korea - South Gyeongsang Recognizes Garlic Crop Damage as Agricultural Disaster

South Gyeongsang Province has launched a detailed damage survey and disaster relief payment process after secondary garlic growth damage, known as "beolmaneul," caused by abnormal spring weather was officially recognized as a statutory agricultural disaster.

27.05.2026

Spain - Unións Agrarias urges the Xunta to act on the damage caused by wild boars to corn

Unións Agrarias (UU.AA.) has called for immediate intervention from the Xunta in response to the damage caused by wild boar to corn crops on "numerous farms" in the province of A Coruña.

27.05.2026

USA - APHIS announces funding to support chronic wasting disease control and prevention

The U.S. Department of Agriculture’s Animal and Plant Health Inspection Service will provide approximately $12 million to support efforts by states and Tribal governments, research institutions, and universities to control and prevent chronic wasting disease (CWD) in wild and farmed cervids (e.g., deer, elk).

27.05.2026

USA - Maryland wineries could face $2.4 million loss after grape crops wiped out by April freeze

Maryland wineries could face $2.4 million in losses after some grapes and other crops were destroyed by an April freeze, according to the Maryland Wineries Association (MWA).