Australia - Qld storm costs fruit-growing family $2 million

12.10.2018 610 views
Thursday's wild storms have cost a Queensland family a $AU2 million crop of peaches and nectarines, and they're not insured. The storm that annihilated the Francis family's peach and nectarine orchard came and went in 20 furious minutes. But the squash-ball sized hail it dumped has left the family with losses totalling $AU2 million, a third of the way through what should have been a bumper harvest. "A couple more weeks and we would have had all the fruit off the trees," said Shane Francis, a third-generation stone fruit farmer from storm-ravaged Kumbia, in the South Burnett region. "But two weeks into a six-week pick and we've probably lost 80%. It's a lot of money." Ms Francis said his family had been looking forward to a bumper crop before super-cell storms and tornadoes lashed southern Queensland on Thursday. After losing part of their crop to severe storms on Boxing Day last year, it was a welcome sight to see their trees heavy with high-quality fruit. "It's a little bit tough copping two whacks," Mr Francis said. The family will spend the rest of Friday cleaning up their packing shed after its windows were shattered, sending shards of glass into their sorting machine. He said his family doesn't want handouts, but would welcome government support in the form of cheap loans, especially given they opted not to take out costly insurance this year. "We produce $AU90,000 (worth of fruit) a hectare, and they would only insure us for $AU30,000 a hectare so the bill was going to be $AU65,000," he said. "This is the first time we haven't been insured in 20 to 25 years just because of the cost of it." Source - https://www.odt.co.nz
21.05.2026

India - ₹247 crore released to provide UP farmers’ crop insurance

UP govt approved Rs 450 crore subsidy as part of the National Crop Insurance Programme (NCIP), a crucial protective measure for farmers amid instances of crop damage caused by inclement weather. 

21.05.2026

Philippines - Pioneer sees growing demand for ‘sachet-style’ insurance

Pioneer Group of Companies sees rising demand for “sachet-style” insurance products as climate-related risks heighten vulnerabilities among low-income communities in the Philippines.

21.05.2026

USA - San Joaquin cherry crop hit by heat and rain damage

Cherry growers across California are reporting major crop losses following early-season heat and rain events that affected fruit set, quality, and harvest conditions during the 2026 season.

21.05.2026

Foreign Investors Target Nigerian Insurance Firms Ahead of Recapitalisation Deadline

Foreign investors are increasingly seeking majority stakes in Nigerian insurance companies ahead of the sector’s recapitalisation deadline, reflecting growing confidence in the industry’s long-term growth prospects and expected market consolidation.

21.05.2026

Flood damage adds new pressure on South Africa’s agriculture sector

South Africa’s agriculture sector is facing mounting pressure from recent floods in the Western Cape and other parts of the country, even as prospects for strong harvests in several subsectors remain positive, according to the Agricultural Business Chamber of South Africa (Agbiz).

21.05.2026

Philippines - Capisnon farmers receive indemnity checks from PCIC, boosting agricultural recovery efforts

A total of 384 farmers from the municipalities of Dao, Cuartero, and Dumarao received indemnity checks from the Philippine Crop Insurance Corporation during a distribution event held on May 19, at the Cuartero Civic Center.

20.05.2026

Georgian spring frosts damage seasonal fruit crops

April frosts have seriously damaged seasonal fruit crops in Georgia, according to agronomist and farmer Akaki Glonti, who commented on the situation amid continuing price growth.

20.05.2026

USA - New Jersey declares State of Emergency and seeks Disaster designation after April freeze causes USD 300 million in crop losses

New Jersey declared a State of Emergency on May 20, 2026, and requested a federal Disaster designation after freezing temperatures between April 19 and 22 caused widespread agricultural damage across the state during a critical growing stage.