Canada - Hail-damage claims by Alberta farmers drop in 2017 as fewer severe storms hit province

05.12.2017 509 views

Farmers in Alberta were spared the dramatic and devastating hail storms seen in previous years, resulting in fewer claims for hail damage in 2017, two leading crop insurance groups said Monday.

According to the Canadian Crop Hail Association’s final report for the season, hail damage payments to Alberta farmers dropped 60 per cent this year compared to 2016.

Hail payments from the association dropped to $25 million in 2017 from $60 million in 2016 as storm frequency dipped down about 40 per cent from the five-year average and storm severity decreased by about 25 per cent.

Alberta’s Agriculture Financial Services Corp. paid about $160 million for slightly fewer than 3,000 hail-damage claims in 2017 compared to 2016, when there were 4,500 hail-damage claims worth $306 million.

Daniel Graham, manager of business risk management programs, said having a lighter year helps with the premium loss ratios for the fiscal year.

Farmers hoping that the decline in hail storms may lead to smaller premiums may be disappointed.

“Although it’s been light for one year, it won’t have a large impact on premiums over the long haul,” he said.

“But it’s been a good year when it comes to reduced claims for the 2017 crop.”

Source - http://edmontonjournal.com
06.07.2026

Canada - Prairie Storms Expected to Generate Significant Crop Hail Claims

Golf-ball-sized hail reported in parts of Saskatchewan and Manitoba.

06.07.2026

Bangladesh - Flood forecasting technology key to reducing crop losses: IEB president

Engineers and academics on Monday stressed the need for technology-driven flood forecasting and early warning systems to strengthen Bangladesh's resilience against floods and minimise damage to lives, livelihoods and agriculture.

06.07.2026

Natural disasters damage farmland across Türkiye in first half

Nearly 90,000 hectares of agricultural land across Türkiye were damaged by natural disasters in the first six months of 2026, according to Semsi Bayraktar, chairman of the Union of Turkish Agricultural Chambers (TZOB).

06.07.2026

Heatwave strains Moroccan agriculture as farmers warn of crop and water losses

Morocco’s ongoing heatwave is putting increasing pressure on the country’s agricultural sector, with farmers and experts warning that extreme temperatures are damaging crops, accelerating water depletion and raising the risk of lower yields despite improved rainfall earlier this year.

06.07.2026

Ethiopia plans major agricultural finance overhaul to spur rural growth

Ethiopia is set to establish a comprehensive agricultural finance system that will be fully implemented in the coming year.

06.07.2026

India - Yogi Govt Clears ₹60 Crore Livestock Insurance Plan For Financial Year 2026-27 In Uttar Pradesh Cabinet

The Uttar Pradesh Cabinet, chaired by Chief Minister Yogi Adityanath, on Monday approved the action plan and financial provisions for the Mukhyamantri Risk Management and Livestock Insurance Scheme (State Scheme). 

05.07.2026

USA - USDA Unveils $500 Million SPUR Program to Protect Independent Beef Processors Amid Historic Cattle Shortage

Seeking to stabilize a meat supply chain stressed by historic shortages and high prices, the U.S. Department of Agriculture announced a new $500 million initiative aimed at protecting independent, mid-sized beef processors from being squeezed out of the market by dominant conglomerates.

05.07.2026

India - Cuddalore Collector urges farmers to pay premium for crop insurance

The Cuddalore district administration has asked the farmers to pay premium for paddy crop under the Prime Minister’s Crop Insurance Scheme.