Agroinsurance

NEWS

USA - Drought and high temperatures California drive down almond supplies

19.11.2021 1431 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.

India - Tripura JICA Project, ARDD Conduct Training on Scientific Pig Rearing in Khowai

A two-day capacity-building programme on scientific pig rearing, livestock health management and livestock insurance was organised at the Chakmaghat Beat Meeting Hall in Khowai on October 7–8 under the Tripura Sustainable Catchment Forest Management Project (SCATFORM), a JICA-assisted initiative of the Forest Department, in collaboration with the Animal Resources Development Department (ARDD).

11.10.2026

Philippines - Iloilo Province sets P82-M emergency fund for water shortages, crop losses

The Iloilo Provincial Government is preparing for a potentially prolonged nine-month drought emergency extending until June 2027, with an P82-million quick response fund on standby as authorities brace for severe water shortages, agricultural losses and other threats from a forecast super El Niño.

11.10.2026

NCAM boss seeks more equipment to curb Nigeria’s post-harvest losses

The Executive Director, National Centre for Agricultural Mechanisation (NCAM), Julius Oluwamuyiwa Oloro, has called for increased development and fabrication of agricultural preservation equipment to reduce post-harvest losses and strengthen Nigeria’s food security.

11.10.2026

Crop nutrient loss threatens public health in Bangladesh

Declining nutritional quality of food crops, combined with soil nutrient depletion and limited dietary diversity, is emerging as a growing threat to public health in Bangladesh and across the world, with millions of people facing hidden hunger despite consuming sufficient calories.

11.10.2026

Brazil launches El Niño climate risk platform for agriculture

Brazil's Ministry of Agriculture and Livestock (Mapa) has launched an information platform covering El Niño and its potential impacts on agriculture. Developed with the National Institute of Meteorology (Inmet), the platform combines climate data, risk management tools, and technical guidance for the agricultural sector.

11.10.2026

Flooding destroys over 80% of potato crop on Greece's Crete

Five consecutive days of heavy rain and thunderstorms have caused flooding, landslides, and agricultural damage across Crete, Greece, with potato and vegetable crops among those affected.

07.10.2026

India - Goa paddy crop hit by rainfall deficit, around 20 hectares affected

Goa’s paddy crop has been affected by deficient monsoon rainfall, with preliminary reports estimating damage to around 20 hectares of cultivated fields across the state.

07.10.2026

Post-Harvest Loss: How NASENI’s Local Innovations Are Safeguarding Nigeria’s Agricultural Yields

Every year, Nigerian farmers face a quiet tragedy that unfolds long after seeds are sown and crops are nurtured. Beneath the scorching sun, vast fields produce abundance, only for a staggering percentage of this yield to rot in transit, spoil in sub-optimal storage, or decay due to lack of immediate processing infrastructure.