NEWS
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News
17.09.2024

USA - Crop Insurance Provides a Critical ROI for Taxpayers

For nearly 100 years, the history of thefarm billlargely tracks the history of food production in the United States as the legislation has evolved to meet the needs of farmers and consumers alike. Agriculture’s role in providing food security, and in turn national security, to the United States is more important than ever. And now, work on the next farm bill continues during a period of volatility on every front – political, economic, environmental and beyond.

17.09.2024

South Africa - Ruling highlights need for clear crop insurance policies in the face of climate risks

A recent High Court judgment highlights the vital role of crop insurance and the importance of clear policy terms and precise documentation of verbal agreements, to avoid disputes. The domestic agriculture sector is more exposed to the systemic risk of climate change than any other sector.

17.09.2024

Australia - Grape growers in SA's renowned wine region counting losses from frosts

A combination of factors, including a dry winter and an early budburst, have put grape growers under frost pressure earlier than usual. Frost in South Australia's Barossa, Clare and Riverland regions has had a severe impact.

17.09.2024

Indian insurers cut crop insurance in FY24 despite government expansion efforts

In FY24, general insurance companies in India have reduced their exposure to crop insurance under the Pradhan Mantri Fasal Bima Yojana (PMFBY), even as the government pushed to increase coverage in the agricultural sector.

17.09.2024

Philippine agriculture secretary urges crop insurance overhaul

Philippine Agriculture Secretary Francisco P. Tiu Laurel Jr. has urged the Philippine Crop Insurance Corp. (PCIC) to modernise its operations and develop more affordable insurance products for farmers, fisherfolk, and livestock raisers.

17.09.2024

USA - Cultivating Change: Rethinking Crop Insurance For A Sustainable Future

Crop insurance is a crucial element in the agricultural framework of the United States, designed to safeguard farmers against the unpredictability of weather and market fluctuations. As the impacts of climate change intensify, the traditional model of crop insurance faces scrutiny.

17.09.2024

China - Agricultural insurance serves as all-weather friend to food security

Farmers rise with the sun, tend to their fields, and hope for the best. But Mother Nature can be fickle, and when a disaster swoops in, it doesn't just disrupt the day — it can wipe out a year's worth of work. Agricultural insurance paid out 112.4 billion yuan last year, marking a 25.4 percent increase year-on-year.

17.09.2024

Vietnam farmers lose their blooms as floods claim crops

More than 250,000 hectares of crops, including rice, vegetables and fruit trees, have been destroyed across typhoon-hit northern Vietnam.Some of the steepest losses in the north of Hanoi are among farmers growing peach blossom—which can fetch up to $400 per tree ahead of Tet, Vietnam's lunar new year celebration

05.09.2024

India - KCCI seeks crop insurance, compensation to help farmers recover from devastating losses

The Kashmir Chamber of Commerce and Industry has expressed its solidarity with the fruit growers, whose orchards were devastated by high-speed winds on Monday The destruction has left hundreds of fruit growers and their families heartbroken

30.08.2024

Using El Niño forecasts to give early warning of crop failures

Extreme weather is one of the primary drivers of crop failures around the world.Crop failures – the total or near-total loss of a farm or region’s crops – greatly reduce the availability of food and can have dire consequences for food security.

30.08.2024

USA - New England weather's impact on cranberry crops

The weather in New England, known for its unpredictability and variability across locations, plays a critical role in the cultivation of cranberry crops. Linda Burke, vice president of marketing and communication for A.D.

30.08.2024

Serbia - Drought-related losses on fruit and vegetable crops could reach $550 million

Serbia is experiencing a significant reduction in crop yields due to an ongoing drought, prompting earlier harvests, as reported by local media.The drought has particularly affected the corn harvest, with experts forecasting a yield decrease of 16 to 20 percent.

30.08.2024

South Africa - Potato prices see a rise due to frost damage

Data from Potatoes SA indicates that the average national price for potatoes in South Africa experienced a 15% increase in the week leading up to August 28, following a severe black frost event in Limpopo province.

30.08.2024

Tanzania - Grappling with aflatoxin poisoning amid agricultural challenges

Tanzania, like many African nations, faces a significant challenge with aflatoxin poisoning, exacerbated by climate conditions, inadequate crop storage, and a general lack of awareness about the dangers of this toxin.

30.08.2024

USA - Mid-South farmers struggling as drought levels get worse

Arkansas, Mississippi and Tennessee are all huge agriculture states, and throughout the region, farmers are frustrated with the lack of rain over the last month.One of those farmers is Arkansan Dannie Daughhetee, who has been in the fields since the 80s and said he has never seen a summer this bad.

30.08.2024

USA - Diverse crop rotations reduce risk of crop loss under poor growing conditions

Researchers at the U.S. Department of Agriculture's Agricultural Research Service (ARS) are responding to the increasingly uncertain climate. The warmer and more unpredictable weather has been a source of instability on U.S. farms.

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