Agroinsurance

NBMA lauds multinational’s $2.5billion investment in Nigeria’s livestock sector

The Nigeria Veterinary Medical Association (NBMA) has applauded the investment of $2.5billion by a multinational company JBS Group into the countrys livestock sector.

India - 45,000 acres to get water for Rabi crops in Kurnool

Industries minister T.G. Bharath said water will be supplied to 45,000 acres for Rabi crops under the Tungabhadra Lower Canal from December 10 to the end of March.

Spanish farmers lash out against Mercosur

The Spanish government has defended the agreement between the European Union and Mercosur on agriculture and livestock, unlike other countries such as France or Germany.

India - Goan farmers suffered crop loss due to 47 per cent excess rainfall

The Agriculture Department may have disbursed a compensation of Rs five crore to most farmers for crop losses on account of heavy showers this year, but meteorologist M R Ramesh Kumar attributed the crop damage to 47 per cent excess rainfall resulting from global warming or climate change.

Philippines - DA urges intercropping of high-value crops to boost farmers’ income

The Department of Agriculture (DA) 11 (Davao) is encouraging farmers to intercrop high-value crops such as coffee, cacao, and coconut to boost income and promote sustainable agriculture.

Dry season keeps a lid on Argentina’s winter crop output

Last week concluded with some excellent news for Argentinas grain exporters, with the government finally publishing the terms of a long-awaited proposal for dredging of the Parana River.

Philippines - Farmers, fishers get typhoon relief funds

Some P451 million worth of insurance payments have been disbursed to farmers and fisherfolk affected by the recent typhoons, the Department of Agriculture (DA) announced on Friday.

USA - HBCU Unveils Plans for $50M State-of-the-Art Agricultural Laboratory

In a significant step for agricultural education and research, West Virginia State University celebrated the groundbreaking of its new $50 million agricultural laboratory on Tuesday.

India - Soyabean, cotton farmers to be given Rs 5,000 per hectare: Shivraj

Union Agriculture Minister Shivraj Singh Chouhan on Sunday addressed the media and spoke on additional Rs 5,000 hectares in the bank accounts of soyabean and cotton cultivators.

USA - USDA creates $2B in programs to strengthen specialty crops

Agriculture Secretary Tom Vilsack announced the creation of new programs that will help farmers who grow fruits, vegetables, and nuts overcome market barriers for their products, and help producers access necessary pre-market storage for their crops following severe weather events, including recent hurricanes.

Ghana - One-million-dollar crop insurance premium paid for farmers

A crop insurance premium worth one million dollars has been paid to a continental insurance entity, African Risk Capacity, ARC to safeguard farmers whose crops were affected by a dry spell this year.

New Zealand - Govt to reinstate livestock exports by sea

The Government will reinstate the trade of livestock exports by sea, Associate Minister of Agriculture, Andrew Hoggar.

USA - A Product for Livestock and Forage Producers

The Pasture, Rangeland, and Forage Rainfall Index (PRF-RI) is a crop insurance product underutilized by Illinois livestock and forage producers.Only 6% of the eligible acres in Illinois were insured in 2024, much lower than use west of the Mississippi. Like other Federal crop insurance programs, PRF-RI is heavily subsidized.Over time, PRF-RI has returned $1.29 in payments for each $1 in producer-paid premium. Illinois and Midwest livestock and forage producers should consider using PRF-RI as a risk management tool.

India - Delay in crop insurance payment

Many farmers at the monthly grievance redress meeting raised concerns about not receiving the full compensation of crop insurance scheme. Farmers urged the administration to make arrangements to ensure payment of compensation under crop insurance.

DJI Partners with Peak3 to Launch Agricultural Drone Insurance in Thailand

DJI, the world’s leading drone manufacturer, has reportedlyjoined forces with Singapore-based insurtech Peak3 to roll out comprehensive insurance coverage for agricultural drones in Thailand.