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27.10.2016

USA - Crop Insurance Workshop to Focus on Risk Management Strategies

Ag professionals, including growers and ranchers, who wish to enhance their knowledge of risk management and their ability to design an appropriate risk management plan, are encouraged to register for a Nov. 9 crop insurance workshop. It will be hosted by Nebraska Extension at the Heartland Events Center, 700 E. Stolley Park Rd., Grand Island. This year’s workshop will focus on farm survival, outlook and risk management strategies. Topics discussed during the workshop include where to consider cutting costs, whole-farm crop insurance, current crop insurance policy issues and a market outlook provided by Jeff Stolle of the Nebraska Cattlemen and Cory Walters of the Department of Agricultural Economics at the University of Nebraska–Lincoln. Source - http://www.theclaycountynews.com

27.10.2016

Colombia - Banana harvest hit by floods

Constant rains in the area of Urabá, in the Colombian province of Antioquia, are causing persistent floods and overflows of the Atrato River. These floods have affected both urban and rural areas, as well as surrounding lands devoted to agricultural production. This province produces mainly bananas, plantains, cassava, rice and yam, crops which are recording damages due to the large amount of mud carried by the river and the excess water. "The harvest is almost completely lost and the lands could be left unusable for future plantings,". Engineer Iván Darío Pardo, of Coindex, a banana producer and exporter, tells us about the current situation. "The coastal area of the province is the most affected. We have 50,000 hectares of bananas at regional level, of which about 500 are completely flooded, with 100% of the production lost. The rains have not stopped so far, so there is still uncertainty about what will happen in the coming days." While this time of the year is characterised by rainfall, its magnitude this year has taken banana producers by surprise. "Now we only need to carry out preventive maintenance of the drainage system on our farms, so that any excess water from rains can be removed. All in all, we remain optimistic for the next harvest in December, January and February, for which we have good prospects, although everything will depend on the weather," affirms the representative. Moreover, with the lower production, there should be a better market balance, as the demand is currently falling. "The biggest loss we are recording is on the market. Globally, there is more supply of bananas than demand, mainly in Europe, which is our main destination; therefore, the economic impact of the losses caused by these floods will not be as great. We expect the rains to stop and expect demand to grow in the coming weeks," concludes Pardo. Source - http://www.freshplaza.com

27.10.2016

Argentina - HLB threatens 136,000 hectares

HLB (Huanglongbing), a bacteria that attacks citrus crops and destroys plantations, has been present in the country since 2012 and potentially threatens 136,000 hectares of crops in the Northwestern and Northeastern regions of Argentina, and puts the regional economies at risk. Thus, different entities, coordinated by the Ministry of agricultural industry, are coordinating preventative measures against this disease that has no cure. "This disease could wipe out the world's citrus industry. It is present on all continents, except Europe. "Brazil is one of the countries affected by the HLB. It was discovered in that country in 2004 and since then, the country has had to eradicate 40 million trees", stated the technical manager of the Plant Health Association of the Argentine Northwest (Afinoa), Gloria Perez. "HLB is causing havoc in the United States, especially in Florida; 50% of the planted surface has been lost since 2005. And it is out of control in Paraguay," said the specialist. HLB, a disease of Asian origin which first appeared in China more than 100 years ago, is caused by a bacterium transmitted by a vector insect (Diaphorina citri) and it affects several species of plants of the citrus genus; including, lime, orange, and Mandarin. Gloria Perez stated that, "In Argentina, HLB is present in Misiones, and in the North of Corrientes. The country has lost 230 trees to the HLB since 2012. We have to work to prevent this disease because we know this isn't over. The disease has a latency period that ranges from 6 months to 3 years," she added. Since the disease has no cure, the only way to control it is through prevention, controlling the vector insect, eradicating the plants affected, and not moving plants without the necessary phytosanitary requirements. Raul Quereilhac, the administrative manager of Afinoa, said that "this is a very important time of the year for the prevention campaigns, because its a moment where there is much informal movement of plants for household use, which can help spread the disease from one province to another." She stressed that, "Argentina is the only country in the world that has had a national program to prevent HLB since 2009, and thanks to this program the country was able to detect its presence." Perez said the United States invested between 25,000 and 30,000 million dollars a year and that Brazil invested 10,000 million in research to find a cure for HLB, which, he stated, "will be found through transgenic plants in some 10 to 15 years." "This is going to lead to controversy, but we'll accept it or the citrus will disappear," he stated. Citrus production in the NOA accounts for 1,100 million dollars a year. Source - Telam.com.ar

27.10.2016

India - Centre urged to release crop insurance share[:ru]I

The State Government today requested the Centre to release its share of Rs 795.31 crore for settlement of crop insurance claims of the farmers for 2015 kharif season. Agricultural Insurance Corporation (AIC), the designated agency for implementing the National Agriculture Insurance Scheme (NAIS) has approved the claims of Rs 1,776.34 crore on October 5, 2016. "The state has already sanctioned its share (Rs 795.31 crore) which will be disbursed to the farmers as soon as the Government of India share is received," Chief Minister Naveen Patnaik today wrote to Union Minister of Agriculture and Farmers Welfare Radha Raman Singh. The Chief Minister said that of the 21 lakh farmers of the state have been covered under NAIS during kharif-2015 season and as many as 11 lakh farmers have sustained crop loss due to drought. Farmers who had sustained crop loss due to drought during last year kharif are still waiting for their claims to be settled by the National Agricultural Insurance Company. The state government submitted its crop yield data to the Ministry of Agriculture on September 3 due to mismatch in the crop cutting reports of the Agriculture and Revenue Departments for assessment of crop loss. Wide variance in crop yield data of the two departments was not acceptable to AIC. The district collectors were asked to submit fresh reports on crop yield which took time resulting in the delay in submission of report to the Centre. "I would be grateful if you would accord your approval to the delayed submission of the crop yield data for kharif 2015 season and provide the Government of India share immediately so that claims could be released to 11.61 lakh farmers," the Chief Minister said. Admitting that the farmers have taken lot of hardship for agricultural activities during 2015-16 rabi and kharif 2016, the Chief Minister said early settlement of insurance claims will help the farmers to overcome the adverse impact of the last year drought. Source - http://www.newindianexpress.com

27.10.2016

USA - D.C. Court Dismisses Dispute Over Reinsurance of Federal Crop Insurance Program [:ru]D.C. Court Dismisses Dispute Over Reinsurance of Federal Crop Insurance Program

On September 20, a federal district court in the District of Columbia dismissed a lawsuit brought by reinsurers of the federal crop insurance program. The plaintiffs-reinsurers alleged that the Federal Crop Insurance Corporation (“FCIC”) improperly modified the actuarial methodology that set the premiums owed for several crops, including corn and soybeans, resulting in plaintiffs purportedly paying more than what was allegedly conveyed to them at the time of contracting. Indeed, the plaintiffs had entered into five-year standard agreements which they claimed included representations that the methodology used to determine the premiums charged would not change, but it later did. The plaintiffs first challenged the methodology with the Deputy Director of Insurance Services, and later to the Civil Board of Contract Appeals (the “Board”), both of which granted summary relief to the FCIC. Thereafter, the plaintiffs filed suit in federal court alleging counts of breach of contract, promissory estoppel, unjust enrichment, violation of a statute limiting renegotiation of standard contracts to once every five years, violation of a statute in that the FCIC did not consider the reinsurer’s financial condition, reformation and rescission, and for a declaratory judgment. The FCIC filed a motion for judgment on the pleadings under FRCP 12(c), which the court granted. In so doing, the court found that many claims were barred by res judicata as they had been decided by the Board and were not appealed under the Administrative Procedures Act. The court also found that the promissory estoppel and unjust enrichment counts were not actionable because the parties’ agreement was governed by existing contracts. As to the new counts not raised before the Board, the court found that the claims should be dismissed for failure to exhaust administrative remedies. Thus, the court dismissed the suit brought by the reinsurers. Source - http://www.lexology.com

26.10.2016

USA - Shock, Rescue, Recovery: North Carolina Farmers Deal With Storm Loss

The flood waters are subsiding along with the national news stories about the devastation wrought to North Carolina in the wake of Hurricane Matthew, but for the farmers who have lost everything, the nightmare is far from over. “We’ve got some areas where whole counties were underwater because of riverine flooding and where farmers lost not just their crops, but their homes and their equipment,” Brian Long, the director of public affairs for the North Carolina Agricultural Department tells Modern Farmer in a phone interview. The storm devastated parts of the Caribbean before it hit the U.S. and tore a path along the coast of North Carolina  two weeks ago causing massive flooding, killing 26 people and more than a million farm animals. The estimated price tag—an early tally— is about $1.5 billion in damages. The entire length of the eastern region of the state, from the north to south, was hit hardest, but the central portion of the state was also affected. Long says agriculture in nearly half of North Carolina’s counties, 48 of 100, was negatively impacted by the storm and subsequent flooding. North Carolina Gov. Pat McCrory told CNN that farming could be one of the hardest-hit sectors—affecting everything from peanuts and sweet potatoes to poultry and pigs—and could have “a major, devastating impact on our (agricultural) community.” The state is the number one producer in the country for broiler chickens and sweet potatoes, and the second largest for pork, according to Curtis Hayes, the public relations director for the North Carolina Farm Bureau, an organization that represents about 50,000 farms and nearly 90 percent of the state’s farmers. The Farm Bureau also has a crop insurance wing, and is anticipating around 20,000 insurance claims, he says. Seventy percent of the state’s agricultural output was affected by floodwaters, including the top ten animal agriculture producing counties with poultry farmers suffering losses of around 1.9 million birds killed, mostly broiler chickens, but about 100,ooo turkeys also perished, Hayes tells Modern Farmer. About 3,300 hogs were killed. For crop farmers the estimates are still up in the air. “There’s still a lot of peanuts, sweet potatoes, soybeans flooded out in the field,” says Hayes. “There’s three phases with these natural disasters: Shock, rescuing and stabilizing, and then recovery. Right now we’re still in the stabilization phase.” In some counties,  flooded rivers are just now starting to recede allowing farmers to begin to get back into their fields to “get their eyes on just how bad it might be” says Long. “In some cases, it might not be as bad as they feared. In several of the counties that were affected, sweet potato growers are now able to resume harvesting and some of them are cautiously optimistic that their crop may have survived the wet conditions, but it’s still too soon to know what the true impact on quality it may have. It’s one of those things where time will tell you for sure,” he says. The state’s Department of Agriculture spent most of last week providing feed and water for livestock stuck on farms surrounded by floodwaters and with limited access, says Long. Now, the focus is shifting to recovery mode. One of the big issues is disposing of the dead livestock, especially poultry. Long says his department is sourcing and delivering wood shavings that can be used for on-farm composting of the carcasses. The department is also still trying to determine the exact scope of the losses to the state’s agriculture sector. For North Carolina farmers trying to wrap their heads around their new reality, the North Carolina State University Agricultural Extension set up the North Carolina Disaster Information Center, a website that provides a range of information, from how and where farmers can apply for aid, to practical advice, including videos, on how to move forward and salvage what crops they can. Whether Hurricane Matthew will turn out to be as bad as 1999’s Hurricane Floyd, which caused $543 million in crop damage, $256 million in farm structure damage, and $13 million in livestock damage, is still an open question. Long says he obviously hopes it won’t be as bad, and believes that the livestock sector, specifically hog farmers who were better prepared this time around and were able to get their animals to safety, will probably fare better than the did back in 1999. But for crops farmers, “it’s still too soon to tell.” For the folks who want to help farmers and other residents whose lives have been devastated by the storm, there are several disaster relief funds that have been set up, including the North Carolina Disaster Relief Fund for Hurricane Matthew and one by the North Carolina Community Foundation. Hayes says when Louisiana was badly hit by flooding in August, various state farm bureaus, including the farm bureau in North Carolina, “came together and sent people, money, and donations” to help Louisiana farmers. “We’re seeing the same kind of thing here in North Carolina—people from other states reaching out and farmers helping each other. I’m very proud to be associated with the farm bureau and to work with such good folks who always come around to help each other,” he says. Source - http://modernfarmer.com

26.10.2016

USA - 2017 acreage reporting deadlines, signature requirements

To comply with Farm Service Agency (FSA) program eligibility requirements, all producers are encouraged to visit the Jefferson County FSA office to file an accurate crop certification report by the applicable deadline for the 2017 crop year. Producers' crop insurance agents and FSA will work with the Acreage and Crop Reporting Streamlining Initiative (ACRSI), a result of the 2014 Farm Bill which standardizes data requirements for acreage reporting between FSA and crop insurance providers. Producers must sign all acreage reports at a local FSA office to meet the FSA program requirements. Producers may also have to sign forms with their local crop insurance agent. The following acreage reporting dates are applicable for Jefferson County: Nov. 15 — perennial forage, fall mint, fall-seeded small grains, pasture, range land and forage; Jan. 15, 2017 — apples, cane berries, cherries, cranberries, currants, hops, huckleberries, pears and strawberries. Some exceptions may apply to the acreage reporting dates. Source - http://www.lakecountrynow.com

26.10.2016

India - Huge crop loss in Hassan, input subsidy of Rs. 101.57 crore sought

The decrease in the rate of rainfall has caused a huge loss to farmers of Hassan district. The Department of Agriculture has found that of the total 2.06 lakh hectares of land cultivated this kharif season, agriculture crops in 1.68 lakh hectares have been affected due to the dry spell. The agriculture area where more than 33 per cent of the crop has been affected is 1.63 lakh hectares. Production of cereals, pulses, oilseeds and commercial crops will be affected badly this season. During this season, paddy cultivation was targeted in 50,000 ha. However, the total cultivated area was only 25,572 ha and of that crop in 17,828 has been affected due to dip in rainfall. The rainfall has been less than normal in all parts of the district. Following this, except Sakaleshpur, all taluks have been declared drought-hit. The district recorded 25 per cent less than normal rainfall during the monsoon. The normal rainfall expected this season (From June 1 to Oct 25) in the district was 802 mm, however, the actual received was only 602 mm. Input subsidy Considering the loss of crops, the district administration has submitted a proposal for input subsidy of Rs. 101.57 crore to the State Government. The input subsidy has been estimated for small and marginal farmers. As per the proposal, the input subsidy for the rain-fed area has been calculated at Rs.6,800 per ha and in the case of irrigated land it is Rs.13,500 per ha. Besides that, the department has also sought input subsidy of Rs.15.42 crore for big farmers, other than small and marginal. Apart from a dip in rainfall, the farmers those in irrigated area were hit due to the release of Cauvery water to Tamil Nadu. The farmers cultivated paddy expecting water from Hemavati reservoir. As they could not get sufficient water from the reservoir, the yield was affected. Source - http://www.thehindu.com

26.10.2016

USA - Crop insurance fund goes to a vote in December

If passed in December, a statewide crop insurance measure would provide additional protection for some grain sellers, but it also would force producers of wheat, corn, soybeans and sorghum to fund the insurance program — regardless of whether they voted for the measure. The Texas Grain Indemnity Fund referendum is the result of high-profile grain elevator failures in Texase, such as the 2009 collapse of an elevator in Sherman that cost farmers millions of dollars. If the measure is voted in, grain sellers will be insured against the devastating economic loss that can be incurred in the event of a grain elevator failure, said Ben Scholz, a North Texas wheat farmer and board member of the Texas Grain Producers Indemnity Fund. "I don't want to make it sound like (elevator failures) are a frequent deal, because they're not. But these things do happen and they can leave you in a predicament," Scholz said. When farmers sell their crop — in many cases to buyers with the ability to store grain in large silos — they generally don't get paid right away. The payment is deferred, and between the time of the sale and the time of payment, a grain buyer can go out of business because bankruptcy, legal trouble or other reasons. In such cases, farmers may not be reimbursed for the value of the siloed crop. The proposed crop insurance program would require producers of wheat, corn, soybeans and sorghum to pay an additional 0.02 percent of their grain value to elevators, which then would send the money to the state. Scholz said the fee money would not mingle with other funds in state coffers and would collect interest. Farmers also would have the ability to request a refund of money previously paid into the fund, he said. An informational campaign for the referendum has been rolled out by the industry groups supporting it, such as Corn Producers Association of Texas, Texas Wheat Producers Association and the Texas Farm Bureau. However, the last attempt to create a state agriculture insurance fund failed in 2012. In 2011, Gov. Rick Perry initially signed the bill allowing the referendum to take place. One of the original sponsors of the law was state Sen. Craig Estes (R-Wichita Falls). But a year later, farmers voted the measure down — Scholz said producers were not provided with enough information about the fund. "We lacked the exposure: what this fund can potentially do to protect a producer in the event of an elevator failure," he said. Only farmers who have produced grain in the past three years may cast a vote on the measure, which is not listed on the general election ballot in November. Voting can be done at county AgriLife extension offices or by mail. The referendum will be conducted Dec. 5-9. Source - http://www.timesrecordnews.com

26.10.2016

India - Deficit rainfall triggers crop loss in Nellai

When they unbelievably saw with brimming joy the 11 overflowing dams of Tirunelveli district just ten months ago, farmers believed that they would be blessed with yet another bumper ‘kar’ paddy as in the case of ‘pisanam.’ Their belief got further strengthened when more than 2,400 of the 2,518 irrigation tanks were then overflowing. All the joy has evaporated now as farmers are agonisingly staring at withering paddy as the southwest monsoon has let them down. While all the 11 dams have almost reached ‘dead storage,’ 1,634 systemised and rainfed tanks are now bone dry. Since the district recorded a rainfall of 952.95 mm against the average of 485 mm in October-December last year during the northeast monsoon, farmers reaped a bumper harvest in the ‘pisanam’ season and believed that even an average southwest monsoon would guarantee a decent yield in the ‘kar’ paddy season. Contrary to their belief, the southwest monsoon dashed all their hopes this year. Consequently, the district received only 225 mm rainfall against the actual rainfall of 348.60 mm between January and September 15, which has seriously affected ‘kar’ paddy. “Though we had set a target of 20,000 hectares for ‘kar’ paddy, farmers could take up cultivation only on 17,300 hectares owing to water scarcity. And their worst fears became true when paddy cultivated on over 800 hectares withered. Now a joint survey by revenue and agriculture department officials is on to assess the crop loss,” said Kanagaraj, Joint Director of Agriculture. Agriculture officials, based on monsoon predictions, have encouraged farmers to go for pre-monsoon sowing of black gram and maize in the dry regions. Farmers have started their work on raising rainfed crops as they are not prepared to repose their faith on paddy. Builder P. Sivamani, a resident of KTC Nagar in Palayamkottai, said groundwater table in their area, which got recharged in an unprecedented fashion last year, had not reached the alarming level as the nearby tank had water till a few weeks ago. “Among the 2,500 houses in the area, deep borewells in more than 1,500 houses were literally dry before the northeast monsoon. However, the active precipitation dramatically revived the groundwater table and it got recharged till a few weeks ago with water stagnating in the nearby tank despite hot summer. If the onset of northeast monsoon gets delayed further, the groundwater table may go down,” Mr. Sivamani said. Following is the water level in Tirunelveli dams (in feet, maximum capacity in brackets) on Tuesday: Papanasam 19.25 (143), Servalar 49.21 (156), Manimuthar 38.82 (118), Gadana 25 (85), Ramanadhi 25 (84), Karuppanadhi 24.77 (72), Gundar 16.75 (36.10), Adavinainar 17 (142), Vadakku Pachchaiyar 2 (67), Kodumudiyar 2 (57) and Nambiyar 9.18 (25). Source - http://www.thehindu.com

25.10.2016

China - 'Sarika' destroys banana plantation

Due to the tropical storm Sarika, on October 18, coastal wind speeds of 9 to 11 beaufort were recorded. In the West of Canton, waves of 4 to 6 meters high were reported. The photo shows the devastation in Yuwen county in Zhanjiang near Canton. Banana trees and corn were blown to the ground over large areas as well as many papaya trees. Source - http://www.freshplaza.com

25.10.2016

India - Ballari District seeks Rs. 133 crore for crop loss

The district administration has forwarded a proposal seeking an assistance of Rs. 133.49 crore from the State government for crop loss during the kharif season. As per a joint survey, more than 33 per cent of crops on about 1.88 lakh hectares (ha) in rain-fed areas of the district have been affected. Against the targeted area of 2.09 lakh ha in rain-fed areas for the kharif season, sowing had been completed on 2.05 lakh ha. The farmers are facing crop loss owing to the failure of the monsoon for the second consecutive year. According to the rainfall data, the district recorded a deficient rainfall of 53 per cent between September 1 and 21. The district received 54 per cent deficient rainfall in August too. Kudligitaluk was the worst affected where crops on 75,248 ha have been affected. The figures for other taluks are HagariBommanahalli (46,491 ha), Hadagali (39,418 ha), Sandur (14,194 ha), Hosapete (8,373 ha), Ballari (4,618 ha) and Sirguppa (nil). In Sirguppa, a vast area is covered by irrigation. Source - https://www.ibcworldnews.com

25.10.2016

Japan - Typhoons hit potato production

Hokkaido is Japan's largest fresh potato producing region, accounting for nearly 80 percent of total domestic production. Agriculture in Hokkaido is relatively large in scale and the weather is cool, providing suitable conditions for potato cultivation. Hokkaido is generally spared from the rainy seasons and typhoon strikes that more often afflict the southern islands. However, four typhoons struck Hokkaido in August 2016 for the first time since record keeping began, more than 100 years ago. The Ministry of Agriculture, Forestry and Fisheries (MAFF) reported that approximately 24,000 ha of land received damaging levels of rain as well as flooding, including those producing fresh potatoes. USDA FAS representation in Japan, estimates a 20 percent yield loss, reducing national production to 1.9 million metric tons (MMT) in MY 2016/2017 compared to 2.4 MMT in MY 2015/16. They have adopted a conservative forecast, given the continued uncertainty of the damage, and acknowledge some reports of damage in excess of 25 percent. As of mid-September, some farms were still too wet for harvester entry, and overall potato harvest in Hokkaido is behind schedule. Some farmers have plowed-under potatoes to prepare for wheat cultivation, which usually follows potatoes as a rotation crop. In addition, further losses are expected during storage due, in part, to a high moisture content of harvested potatoes. Farms designated to produce seed potatoes were affected by the typhoons and floods in 2016 and USDA-FAS estimates a minimum loss of 10 percent to seed potato production. Therefore a decrease in planted area to 70,000 ha is forecasted, a 9.5% decrease from MY 2016/17. Source - http://www.freshplaza.com

25.10.2016

African farmers taking up smart agriculture

Climate change is causing extreme weather patterns in Africa, affecting agriculture and impacting food security. To overcome these problems, African farmers are turning to, what experts call, climate smart agriculture. In Kenya, like most African countries, small-scale farmers who are the majority, are opting for sustainable solutions. One such farmer is Albert Waweru, a retired police officer with 1.75-acre farm in Kasarani on the outskirts of Nairobi. He has 50 dairy cows, poultry, dairy goats and several greenhouses where vegetables are grown. He is practicing climate smart agriculture. To counter the challenge of water, for example, he embarked on harvesting rainwater from rooftops in his compound and storm water flowing into his compound. “I harvest any drop that comes my way,” he says. The water is preserved in a network of several underground concrete tanks some of them 12 metres deep. This has ensured that he has enough water at any moment on his mixed farm. “I have been invited to various forums where I have interacted with policy makers, I didn’t know that my solution to water scarcity would be showcased as a good practice to fellow farmers,” he says. He adds that farmers from Kenya and neighbouring countries visit his farm for bench marking. Knowledge and best practices sharing among countries and individual famers is in fact vital. Participants in the Second Africa Climate Smart Agriculture (CSA) Alliance conference from October 11-13, 2016 in Nairobi shared this view. They said it would enhance adoption of best practices suitable to the needs of each country. The Alliance is a continental platform, formed to help smallholder farmers reduce climate risks. Source - http://www.freshplaza.com

25.10.2016

USA - USDA offers assistance for farmers affected by drought

The United States Department of Agriculture designated 32 counties in Alabama as primary disaster counties. Fifteen other counties in the state were deemed contiguous counties. Of the 50 states, Alabama has the fourth highest number of primary disaster counties behind Georgia, California and New York. Lee, Chilton and Macon counties are all considered “primary.” Autauga, Bullock, Coosa, Dallas, Elmore and Montgomery counties are all contiguous. The Alabama Department of Agriculture and Industries released a statement on Monday to inform farmers that USDA financial aid is available to them if their condition is bad enough for them to qualify. There are three different program options for farmers who qualify. Garry Henry, owner of HCC Farms in Hope Hull, said he is hopeful that he will be able to utilize government assistance. “We invested insurance,” Henry said. “So, we can use that when we reach a certain level.” Henry said the drought has left him with no grass to feed his livestock. He had to start feeding his cattle the hay he had stored up for winter. “We usually don’t start using that until Thanksgiving,” Henry said. “We had to get into it about 40 days early this year.” Henry said he has spoken with other farmers in the northeastern part of the state where the drought has had an even greater impact. “A lot of them have used all of their hay already,” Henry said. “Some have had to even liquefy herds because they just can’t feed them.” Henry said he doesn't think he will have to result to selling his livestock, but he will have to start buying feed because hay is in short supply. He said this will hurt his bottom line. According to Alabama Commissioner of Agriculture and Industries John McMillan, farmers are also seeing their products sold at cheaper prices because they are competing with producers who have not suffered a drought. “Usually you can compensate for lower prices with a good crop,” McMillan said. “This year, they are facing lower crops and less product. It’s a double whammy.” McMillan said the state’s priority right now is traveling to farms statewide to find new hay resources. “We have reached out to many peanut farmers to get them to use the plants to make hay,” McMillan said. He said dealing with bad weather is part of a farmer’s job, but that the current situation is serious and concerning. “We want farmers to know that there is assistance, and also where to go to find an agency to get the details,” McMillan said. Source -  http://www.wsfa.com

25.10.2016

India - Micro agents can now sell govt-sponsored schemes

In a move that can expand the reach of crop insurance schemes, micro insurance agents have now been permitted to sell government-sponsored crop insurance products to farmers. The Insurance Regulatory and Development Authority of India (IRDAI) has issued a circular to this effect. The decision of the regulator came in the wake of requests made by some stakeholders to categorise government-sponsored schemes as micro insurance products irrespective of the sum insured under the individual policy. With this decision, crop insurance products under schemes such as Pradhan Mantri Fasal Bima Yojana (PMFBY), Weather-Based Crop Insurance Scheme (WBCIS) and Coconut Palm Insurance Scheme (CPIS) can be bought by farmers from micro insurance agents without any limit on the sum assured. However, key modalities, such as the sum insured, premium, premium rate per crop, and unit area will remain as notified under the respective government-sponsored insurance schemes without any change, PJ Joseph, Member, Non-Life, IRDAI, said. Till now, micro agents could only sell crop insurance products with a maximum cover of ₹1 lakh, according to the norms issued by the regulator last year. Also, currently, government-sponsored insurance schemes are mostly sold along with crop loans taken by farmers. Under the PMFBY, the flagship low-cost insurance scheme for farmers launched by the government last year, about 3.20 crore farmers were insured for the kharif season, government data show. The WBCIS operates on an actuarial basis with premium subsidy ranging from 25-50 per cent, equally shared by the Centre and the States. According to the IRDAI’s annual report 2014-15, the number of farmers insured under this scheme during kharif 2014 was about 2.5 lakh. The CPIS, a component of the National Crop Insurance Programme, is available to all coconut-growing States, but is yet to gain popularity. Only 2,845 coconut farmers were insured under this scheme in 2014-15. Source - http://www.thehindubusinessline.com

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