Ecuador - Volcano could cause farmers over $100m in damage

03.09.2015 440 views
Cotopaxi in Ecuador continues to rumble after its first eruption in 70 years earlier this month. Over the last week, the volcano has been emitting almost constant steam-and-ash plumes punctuated by small explosions—all signs that magma is rising into the volcano. The steam-and-ash plumes have mostly been 1-2 kilometers in height and rangers in the National Park surrounding the volcano have reported a few millimeters of fine ash fall. You can check out some pictures of how this ash is impacting the local communities, where farmers have said that their livestock is beginning to feel the effects. Ash from Cotopaxi has reached as far as the Pacific Ocean during this week of unrest. Dozens of earthquakes along with constant harmonic tremor were recorded at Cotopaxi over the last day as well. Farmers in those regions grow flowers and broccoli for export, and a large eruption from Cotopaxi could cause over $100 million in damage to those crops. Ash has also put a damper already on ecotourism in the area around the volcano. Source - http://www.freshplaza.com
28.04.2026

Philippines seeks 500 million USD for engineered bamboo development

The project is currently at the concept stage, with feasibility studies expected to take five to six months and overall preparation about a year. Implementation could begin in 2027, pending loan approval.

28.04.2026

Insurance compensation of 186,000 manats paid to tobacco farmers in Azerbaijan

To date, 186,000 manats of insurance compensation have been paid to farmers and farms in the tobacco industry in Azerbaijan.

28.04.2026

USA - Climate Disasters Are Straining Hawaii’s Insurance System

Frequent and costly disasters are driving up premiums and leaving many properties uninsured or underinsured. 

28.04.2026

Brazil - São Paulo releases R$400 million in rural credit in a record package for farmers, agricultural insurance, machinery, and land regularization

The package announced at Agrishow in Ribeirão Preto combines rural credit, agricultural insurance, land tenure regularization, mechanization, inclusion of women, innovation, and environmental actions, with R$ 455 million in investments aimed at strengthening São Paulo’s agribusiness.

28.04.2026

When will Moldovan authorities announce a call for applications for subsidizing agrarian insurance?

To date, the MAIA Ministry of Agriculture and Food Industry has not yet announced the start of the next stage of accepting applications for subsidies under agricultural risk insurance contracts concluded in the fall and winter period. While waiting for this announcement, some insurance companies are being "restrained" in the agricultural segment - they insure only livestock farms and perennial crop plantations of their regular customers.

28.04.2026

USA - USDA just doubled disaster payments, and gave farmers until August 12

SDRP disaster payment farmers 2026 just got a major upgrade. Agriculture Secretary Brooke Rollins announced on April 24 in Higginsville, Missouri that USDA is raising the Supplemental Disaster Relief Program payment factor from 35 percent to 70 percent. 

27.04.2026

India - Crop Ruined by Parrots is 'Damage by Wild Animals', says HC; Gives Relief

Holding that citizens cannot be forced to bear losses caused by protected wild animals, the Nagpur Bench of the Bombay High Court has ruled that denying compensation to a farmer merely because parrots were omitted from a government list would breach principles of equality. 

27.04.2026

The World Bank: Agri-risk management in Bulgaria

CAP has steered Bulgarian agriculture toward greater resilience, but the sector continues to suffer from an absence of a comprehensive risk management strategy and limited research on internal and external risks, the report concludes.