Rural insurance in Brazil has seen a rapid acceleration in premium growth for property/casualty insurers, as it has become an increasingly important tool used by agricultural producers to mitigate the growing frequency and severity of extreme weather events that can pressure production levels and profitability, Fitch Ratings says.
A move towards prevention through predictive technologies will become commonplace in certain insurance sectors, according to the chief strategy and business development officer at the global insurer, AXA.
The high temperatures crops experienced over recent weeks across much of the state could translate into lower yields for producers. Lee Tarpley,Ph.D., AgriLife Research plant physiologist, Beaumont,said the recent heat wave arrived at a bad time for rice fields along the Gulf Coast.
During last November’s harvest season, farmers in Gulu district in northern Uganda had little to celebrate. Alice Aber, who runs a small food business in Gulu district’s Palaro town, says she was expecting a big harvest.
A proposed move by the EU to halve pesticide usage by 2030 could wipe out potato growing in Ireland. Agricultural consultant and tillage specialist PJ Phelan said a compulsory pesticide reduction of 50pc would be ‘totally impractical’ in Ireland.
This year’s unusually cold spring has been a known issue for farmers. Planting season was pushed back and the true scope of the weather has yet to be seen. But crops that are harvested throughout the summer, such as sweet corn and strawberries, are already showing signs of the difficult spring.
The Uttar Pradesh government will be launching a special drive to provide insurance coverage to farmers against potential crop damage. The drive, slated to begin from the first week of July by the agriculture department, will be flagged off by Agriculture Minister Surya Pratap Shahi.
In a bid to raise farmers’ income and ensure safety of their crops, a compensation of Rs 3074.6 crore has been deposited in the accounts of 27.59 lakh farmers in Uttar Pradesh under the Pradhan Mantri Fasal Bima Yojana. A large number of farmers from the state are connected with this scheme.
Dimple Panjta, an apple grower from Rohru in Shimla district is distressed ahead of harvesting season. He says that he never saw the hills of Himachal as warm and in need of rainfall as now.
Drought is only the beginning of worries for growers like Juan Francisco Arregui in Argentina's breadbasket farmlands, who the world is relying on more than usual these days to fill a supply crunch of the grain needed to make bread and flour.
Lloyd Arthur can run his hand through the soil at his cotton farm and know what kind of year he’s going to have. His dry, cracked field is making him think this could be a repeat of one of the state’s worst years.
On June 1, water restrictions officially began for many people in Southern California. It is an effort to mitigate the effects of a megadrought. Overall, the last two decades in California have gone on the record as the hottest and driest in the previous 1,200 years.
A heat wave and fires are badly damaging Tunisia's grain harvest, leadig the farmers union to forecast that output will fall well short of government hopes. Loss of grain production comes as the North African country struggles with food importation costs driven higher by the war in Ukraine.
Banana, paddy, tuber and vegetable cultivation in 13.720 hectares in Ernakulam were lost due to monsoon rains in June so far. In the heavy pre-monsoon rain, the district had reported crop loss to the tune of Rs 3.25cr in just one week from May 15. Crops in 165 hectares were damaged in the rain.
While the European Commission has just presented its proposal for a regulation on the “sustainable use of pesticides”, the text that was revealed predicts a real disaster for European agriculture.
Russia’s invasion of Ukraine has led to an estimated $23 billion in indirect losses due to production decreases, logistics disruptions, and lower prices for exports.