There is no Pradhan Mantri Fasal Bima Yojna (PMFBY) cover on cards for the third consecutive crop season in cluster 2 comprising Ambala, Karnal, Sonepat, Hisar, Jind, Mahendragarh and Gurugram districts. The reason: No insurance firm has come forward to implement the scheme in this cluster.
Farmers in Virudhunagar district have been asked to pay the premium for crop insurance under the Prime minister Crop Insurance Scheme for theKarifseason. The farmers could pay the premium through banks, Primary Agricultural Cooperative Societies or common service centres.
The national government’s subsidies to state-owned and -controlled firms declined by 51.9 percent in August, according to a report released by the Bureau of the Treasury (BTr).The National Irrigation Administration and the Philippine Crop Insurance Corp. were the only billion-peso recipients during the month, receiving P5.6 billion and P1.9 billion, respectively.
France, the European Union largest grain producer, has experienced particularly wet weather in the past year, including a month of continuous rain in October-November, the wettest spring ever and violent storms last month.The rainy weather and soggy fields delayed sowings and hurt crop development, so much so that the farm ministry estimates France will harvest its worst wheat crop since the 1980s, down 25% from last year.
Despite Puerto Rico agricultural sector having long complained that the Agricultural Insurance Corporation policies only cover losses from crops damaged by hurricanes and not by storms
Pakistan insurance leader, Adamjee Insurance, unveils a groundbreaking crop insurance solution, Adamjee Zarai Tahafuz. This revolutionary project empowers farmers and strengthens the nation agricultural backbone.
The Cebu city government has assisted 79 hog farmers in securing livestock insurance amid the resurgence of African swine fever (ASF). This insurance would protect swine farmers from the negative economic impact caused by the ASF.The insurance policies were issued by the Philippine Crop Insurance Corporation (PCIC) to the 79 hog farmers cover 405 breeding and fattening hogs.
New Brunswick produced nearly two million litres (527,000 gallons) of maple syrup last year, compared to the year before when more than three million litres (811,000 gallons) were produced. While Agriculture and Agri-Food Canada has a program that pays agricultural producers in advance to helpthemsurvive through the off-season, during a bad year, producers might struggle to reimburse the program. New insurance program will allow producers to cover costs during years like the one that just passed.
If crop insurance payments to Canadian farmers were put on a line graph, from 2018 to 2022 the graph would look like a hockey stick. Statistics Canada data shows that crop insurance gross payments were $890 million in 2018. By 2021 that figure had climbed to $3.8 billion and then hit $4.897 billion in 2022.
An industry-government forage insurance task team is working on ways to make forage insurance more widely available across the country. Currently, producers can insure forages under AgriInsurance, but other forage insurance is not equal across Canada and very few forage producers use it.
The Brazilian insurance company Essor, part of the giant French reinsurance group Scor, sold agribusiness insurance for the illegal cultivation of soy within the Monte Caseros Indigenous Land, in the towns of Ibiraiaras and Muliterno, both in the state of Rio Grande do Sul, southern Brazil.
One of the insurance products of the centralized economy period was the insurance of agricultural products. The insurance of agricultural crops covered crops from the risks of fire, hail, torrential rains, hurricanes, frosts or floods. For the insurance of agricultural crops, an annual quota was paid that varied for each type of plant.
Iowa Department of Agriculture and Land Stewardship is offering an incentive for farmers who plant cover crops in the form of a discount for crop insurance. In its eighth year, this groundbreaking program has set a standard for other states and the federal government to follow.
Farmers owning allegiance to Tamil Nadu Cauvery Farmers Association staged protests in different parts of Delta districts, including Nagapattinam, protesting against delay in distribution of compensation for crop losses under the government’s insurance scheme. While the farmers blocked Puthur Road here, while in Vedaranyam taluk, protests took place in Sengathalai village.
The bill provides an additional $14 billion to the U.S. Department of Agriculture (USDA) to assist agriculture producers impacted by losses caused by natural disasters in 2023.The bipartisan Agriculture Disaster Supplemental Appropriations Act would allow the federal government to provide reasonable assistance as necessary for those in our agricultural industry to recover and continue moving forward.
Much of the southern New South Wales cropping belt was hit by unseasonably late frosts last month. Temperatures dropped to minus 6 degrees Celsius, meaning some crops will need to be cut for hay. Farmers are still assessing the damage to cereal crops such as wheat and barley.