Agroinsurance

NEWS

USA - Drought and high temperatures California drive down almond supplies

19.11.2021 1442 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.

USA - High-Yield Cotton Farms Win Big in New Insurance Policy Shift

Growers can finally combine supplemental coverage with farm programs without losing protection that fits their operation. Meanwhile, federal officials are developing trade incentives for four countries that could expand demand for American cotton.

20.10.2026

India - Sanjay Lalla to head EASE project for PSU general insurers

The proposed EASE framework could provide a common reform roadmap for public sector general insurers, with a focus on improving productivity, strengthening governance, modernising technology platforms and enhancing customer service. Its effectiveness, however, will depend on how quickly the recommendations are translated into measurable operational and financial improvements.

20.10.2026

Czechia to subsidize crop insurance for large farms from 2027

The Czech government has approved a new program: from January 2027, state insurance support will extend to large agricultural businesses as well. Small and medium-sized farms already receive such payments.

20.10.2026

Kenya - Trans Nzoia maize farmers count losses after massive crop failure

CS Kagwe said in August that the country expects a shortfall of about 25 million 90kg bags against annual consumption of roughly 75m bags.

20.10.2026

Tomato growers in Moldova struggle to sell harvests despite high yields

Vegetable growers in Moldova are struggling to sell their harvests despite high yields, with some leaving crops unharvested or selling directly from fields due to limited market access and import competition.

20.10.2026

Tanzanian growers receive fertilizer training to boost avocado yields

The Tanzania Fertiliser Regulatory Authority (TFRA) is providing avocado growers in Busokelo District, Mbeya Region, with training on fertilizer selection and application to improve yields, fruit quality, and access to domestic and export markets.

18.10.2026

Chilean orchards assess crop damage following severe rain and hail

El Niño continues to dampen industry projections across South America. Earlier this week, severe rain and hail hit south-central Chile, where the Andean country concentrates most of its fruit production.

18.10.2026

India - Women Farmers Encouraged To Adopt Natural Farming In Indore

He said the government was implementing schemes to make women self-reliant and independent, including 'Lakhpati Didi', 'Namo Drone Didi' and 'Krishi Sakhis' (agricultural companions) under the National Mission on Natural Farming. He said women were excelling in every field and bringing honour to the nation and state.