Dean Hutto welcomes the help state lawmakers approved for farmers hurt by last year’s flooding. The Providence farmer lost all of his cotton and about 80 percent of his peanuts. About 20 percent of his soybean crop stayed in the field because of the water. “I can definitely use it,” Hutto said. “I am going to get some benefit out of it and overall I see a lot of farmers in South Carolina are too.” Gov. Nikki Haley vetoed a bill setting aside $40 million to help farmers recover from losses sustained during the floods. Lawmakers overrode her veto this week.
Farming is a massive operation. Having farmer insurance is most necessary when you consider all the risk involved in owning and running a farm. Farm insurance can help protect you from the loss of a bad crop or the unforeseen disaster of the loss of a heard. Tragedy strikes at inconvenient times, but thankfully there is protection available. Regardless of whether you inherited your farming business through your family, or decided to take the plunge and start a farm, the costs involved are enormous and the loss of a crop due to frost or hail can be devastating.
Hail damage can lead to tough decisions for farmers. On May 11, massive hail in pockets of the Midwest led to severe damage that could lead to replant or crop insurance claims. Hail fell from Oklahoma to parts of Illinois and ranged from dime- to baseball-sized hail. In Oklahoma, corn is far enough along in the growing process that replant might not be an option, no matter how severe the damage.
The farmers have demanded the government to pay compensation for the crop loss due to drought in the district. In a statement here on Sunday the Desheeya Karshaka Samajam general secretary Muthalamthode Mani said that farmers in the state have sustained a crop loss of nearly Rs 100 crore in the drought. In Palakkad district alone the crop loss is estimated at Rs 30 crore, he said.
The cold snap of last week has led to massive damage in large parts of Styria. According to a preliminary estimation 80% of the fruit harvest has been destroyed and the damage is estimated at about 100 million Euro. After the difficult weather conditions in 2014 and 2015 Agricultural Chamber president Franz Titschenbacher now fears another disappointing harvest this year. “It would be very sad if the fruit growers have to cope again with huge losses.” A gigantic disaster, especially for apple farmers
Considering three consecutive years of drought in Marathwada region and weak monsoon last year, the government is trying to bring more farmers under the crop insurance net to compensate them for failed crops. Speaking to reporters at Y B Chavan Center near Mantralaya here today, a senior official from state Agriculture Ministry said that at present only 30 per cent of farmers are covered under crop insurance scheme Prime Minister Fasal Bima Yojana (PMFBY). "The government intends to raise this target to 70 per cent," he said.
Farmers may soon get insurance cover for crop damages caused by elephant raids and migration under Pradhan Mantri Fasal Bima Yojana. The Union environment ministry is in talks with the agriculture ministry on the issue, and is expected to soon move an official proposal on the issue. Union environment, forest and climate change minister Prakash Javadekar has agreed to the proposal in-principle, senior officials from the ministry said. The Pradhan Mantri Fasal Bima Yojana provides for insurance cover against crop loss caused by natural calamities.
Speaking at the launch of a competition where eight winners will be sent to attend the annual NAMPO in South Africa, Marsh managing director, Fritzgerald Dube said the partnership will go a long way to sensetise farmers. “Farming is very unpredictable hence the reason why it is important for farmers to insure their products as a way of protecting their investment. Most of local farmers lack education in regard to insurance and do not know the importance of insuring their products from either natural disasters,” he said.
The Odisha government has set a target to disburse Rs 6,000 crore cooperative loans to the farmers during Kharif 2016, which has already commenced from April 1 this year. The short-term cooperative credit has been playing a pivotal role in disbursal of farm credit over the years and it has a share of around 65 per cent in crop loan dispensation. “The government is keen that the cooperatives which provide around 65 per cent of the total crop loan disbursements in the state must extend their outreach to provide timely, adequate and hassle free credit to the farmer members of primary agricultural credit societies (PACS) during Kharif-2016.
India launched an electronic trading platform for farm goods on Thursday to improve transparency in wholesale markets and help farmers fetch better prices for their produce. Prime Minister Narendra Modi, inaugurating the platform, said it would trade products from 365 wholesale markets initially but aims to increase that to 585 by March 2018.
The agriculture slump is getting so bad in the U.S. that farmers are about to get more government aid than at any time in the past decade, signaling the rising public cost of crop surpluses and cheap food. About $13.9 billion of net farm income this year will be federal payments, or about 25 percent of total profit estimated at $54.8 billion, according to estimates by the U.S. Department of Agriculture. That's the biggest payout and highest ratio since 2006, as programs authorized by Congress two years ago cost more than originally forecast.
THE top official of the Philippine Crop Insurance Corp. urged farmers to enroll in their program in order to avail of aid to cover their crop and livestock losses. “This year we have seen the most number of people from the agribusiness sector affected by the worsening dry season. The program seeks to mitigate those losses,” Philippine Crop Insurance Regional Director Cresencion Deligero said. Deligero said that crop insurance coverage includes insurance protection for farmers against losses arising from natural calamities, plant diseases and pest infestations of their palay and corn crops as well as other crops and livestock.
News Publications Documents
Agricultural insurance Analitics Australia Canada Canada crop crop insurance crop loss crop losses damage disease drought farmers fire flood frost Hail India News Philippines rain Russia Spain Ukraine USA USA АЧС Болезни Господдержка Европа Заболевания Казахстан животноводство засуха кукуруза метеообзор озимые потеря урожая пшеница свиноводство состояние посевов соя страхование посевов субсидии урожай