The first U.S. trial over a herbicide called dicamba has landed Bayer AG and its German rival BASF SE with another potentially multi-billion-dollar problem. Jurors in federal court in Cape Girardeau awarded $265 million Saturday to a Missouri farmer who blamed the herbicide for destroying his peach orchards.
Agricultural producers now can enroll in the Agriculture Risk Coverage (ARC) and Price Loss Coverage (PLC) programs – two U.S. Department of Agriculture (USDA) safety net programs – for the 2019 and 2020 crop year. ARC provides income support payments on historical base acres when actual crop revenue declines below a specified guaranteed level.
A decade ago, several agricultural producers in the Valencian town of Picassent started planting kiwifruit in the region, as they were looking for an alternative to oranges, whose price was falling sharply. The manager of the Agro-Cítrica cooperative, Vicente Fort, said that this town has ended up becoming the largest kiwifruit producer in the entire Region of Valencia.
The World Bank and the Asian Development Bank (ADP) expect temperatures in Vietnam to rise by between 1 and 3.4°C by the end of the century, putting an additional 6-12 million people at risk of flooding. Economic losses caused by climate change could reach US$15 billion by the middle of the century, with floods causing an additional US$9 billion worth of damage.
"First a flood in September and now this hail storm. The truth is that this is becoming a very difficult campaign. The weather is not giving us any rest," says Miguel López, manager of the production and marketing company Costa de Níjar. The firm's producer-partners who escaped the floods have now been affected by storm Gloria, which has mainly hit the area of Níjar in the form of hail.
The Australian wildfires that have scarred more than 20 million acres of land also figure to damage the country's economy. AccuWeather predicts Australia's Gross Domestic Product (GDP) in 2020 will fall nearly one percent from a previously forecasted 2.75 percent growth, according to the Reserve Bank of Australia, to 1.90 percent because of the negative economic impact of the wildfires.
As unprecedented wildfires threaten large parts of Australia, the nation’s agriculture industries are counting the cost of the blazes that have scorched pasture, destroyed livestock, and razed vineyards. With the fires still burning and fears of more to come, it’s too early to quantify the damage, analysts and industry officials said.
Ten days of continuous snowfall has left 2.8 million hectares of grassland in north China's Inner Mongolia Autonomous Region buried in deep snow, affecting herdsmen and their livestock. The agriculture and animal husbandry bureau of Bayan Nur City said on Wednesday that the snow-hit area accounted for 59 percent of the city's grassland area, with 11,174 rural households and more than 1.8 million livestock affected.
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