Agroinsurance

NEWS

USA - Drought and high temperatures California drive down almond supplies

19.11.2021 1380 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.

U.S. specialty crop growers seek US$5 billion in aid

House Agriculture Committee Chairman Glenn "GT" Thompson, R-Pa., called on Congress on Aug. 18 to direct as much as US$5 billion in additional federal assistance to specialty crop producers.

19.08.2026

India - Kashmir apples lose their shine as extreme weather causes Rs 300-400 crore crop loss; growers suffer

Kashmir's apple crop has suffered extensive damage due to hailstorms, heavy rain and strong winds, with losses estimated at Rs 300-400 crore. South Kashmir is among the worst-hit regions, raising concerns for thousands of growers.

19.08.2026

UK and Europe farm losses deepen as heat and fires hit crop supplies

Cooler and wetter conditions bring some relief across the UK and Europe this week, but farmers are still dealing with damage from an unusually intense summer of heat, drought and wildfires.

19.08.2026

Nepal - Rabies outbreak in Panchthar moving toward control, but no relief or compensation due to lack of animal insurance

Some farmers’ cattle sheds have been left empty after a rabies-infected dog bit livestock tethered in the same shed.

19.08.2026

USA - Western bean cutworm found across Nebraska, raising concerns for corn crop damage

The western bean cutworm, a pest that can cause significant damage to Nebraska corn fields, has been found in multiple regions across the state, according to University of Nebraska-Lincoln Associate Professor of Entomology Silvana Paula-Moraes.

19.08.2026

Nepal - Provinces to oversee agricultural insurance as government raises premium subsidies

The government has introduced a new framework for agricultural, livestock and herbal product insurance, offering farmers up to 80 percent premium subsidies on insurance coverage of up to Rs 10 million.

18.08.2026

Philippines - P210.93-million farm aid allocated to areas hit by storms, monsoon rains

The Department of Agriculture (DA) said it will provide P210.93 million worth of farm inputs to assist farmers affected by Tropical Cyclones Luis and Maymay, as well as the enhanced southwest monsoon (habagat).

18.08.2026

Tanzania - Biotechnology reshapes farming through smarter crop protection

For farmers, pest control is increasingly a business decision, with the choice of crop-protection products affecting production costs, yields, farm incomes and access to markets.