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

03.09.2015 439 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
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.

27.04.2026

USA - Farmers Broaden Risk Strategies Beyond Crop Insurance Programs

Farmers and ranchers are using a broader mix of tools to manage risk as markets, weather, and policy uncertainty continue to shift. A new report from the USDA Economic Research Service shows savings and off-farm income remain the most common risk management strategies on U.S. farms.

27.04.2026

Nigeria - Firm, FG Disburse ₦396m Insurance Payout to Farmers in Four States

The Federal Government has partnered with Leadway Assurance and PULA Advisors to pay out N396.7m in insurance claims to smallholder farmers, in a move aimed at protecting Nigeria’s food system from worsening climate risks.

27.04.2026

Ghana Targets US$3bn Post-Harvest Loss With One Million Tonne Storage Plan

Ghana loses an estimated $3 billion worth of food to post-harvest losses each year, a figure nearly equivalent to the country’s entire annual food import bill, a senior government official has disclosed, as authorities outlined a national plan to build storage and market infrastructure to reverse the trend.

27.04.2026

Australia - Farmers in WA food bowl region take $25 million cyclone hit

Fruit and vegetable producers in Western Australia's Gascoyne are estimated to have suffered losses above $25 million from Tropical Cyclone Narelle.

23.04.2026

Canada - Agricorp pays out more than $253 million after challenging 2025 season with soybeans recording the biggest losses

As of mid April, Ontario farmers claimed more than $253 million in Agricorp production insurance for the 2025 season, more than double the $115 million claimed a year earlier. 

23.04.2026

USA - Cold damages Michigan apples, peaches and cherries, MSUE say losses uneven

Michigan State University Extension educators are expecting widespread but highly variable fruit damage across the state following this weekend’s low temperatures.