Agroinsurance

India - Government expects higher kharif rice output despite rain damage

Indian rice production this year will be higher than last year despite heavy rains and flooding in some states.

Asia’s rice production hit by ‘very aggressive’ weedy varieties, with up to 80% of harvest loss

Some farming methods used to fight the menace such as growing herbicide-tolerant rice varieties have failed to stem the weedy rice invasion. While the origins of weedy rice are unclear, several of its varieties began to emerge in Asia about two decades ago

Heavy rainfall causes severe harvest impact and losses for French farmers

Persistent rainfall in France is reducing soft wheat production, resulting in a high decrease in the overall harvest and substantial losses for individual farmers.

Extreme weather and crop failure: Food prices are rising in Europe and Hungary as well

This summer extreme weather has seriously affected Europe agriculture, causing significant crop losses and rising food prices. While the weather was cool and rainy in Northern and Western Europe, Central and Southeastern Europe was hit by extreme heat and drought. In Hungary, corn, potato and sunflower yields were particularly affected by the drought, causing significant losses to farmers.

Australia - Farmers report major crop losses after damaging frost hits SA

South Australian farmers are still unsure how hard they will be hit by frost event last Monday with some already reporting an 80 per cent loss in yield.

USA - UF/IFAS releases agricultural loss report after Hurricane Debby

The preliminary report states that Debby damaged more than two million acres of agricultural land and caused an estimated value between 94 and 263 million dollars in production losses. Farmers in north central Florida are still rebuilding and recovering.

Australia - Frosts have wiped out crops across some of Australia's premier wine regions, including the Barossa and Riverland

Grape growers are battling to avoid major crop losses after severe frosts swept across southern parts of Australia in recent days. Overnighttemperatures have dipped below zeroand the string of cold nights has causedextensive crop damage in some of South Australia's wine regions, including the Barossa and Clare Valleys and the Riverland.

India - Excessive rainfall causes cocoa crop loss, farmers suffer

Cocoa farmers, who enjoyed excellent income last year due to record market prices, are facing a shock this year as excessive monsoon rains have caused the cocoa crop to dry up.

India - Crop damage due to excess water, monsoon withdrawal soon

Timely withdrawal of monsoon is critical now, as harvesting begins in October. Crop loss in Andhra Pradesh and Telangana could be higher due to surplus rains

Syria - Cotton farmers fear repeated losses due to crop pricing

Cotton farmers in the city of al-Hasakah in northeastern Syria fear that the pricing for their crop will not cover the costs they have incurred after investing significant effort and time, as the cotton picking season has begun in some fields in mid-September.

India - Crop loss due to floods, excessive rain is 2-4%, not a cause for concern

Despite a 2-4% crop loss from floods and heavy rains in India, overall production is projected to rise. Andhra Pradesh and Telangana, however, face significant damage, prompting the Union government to send assessment teams to evaluate impacts on local farmers.

Drought devastates corn and sunflower fields in Romania

Still struggling after an intense heatwave, some farmers fear losses of up to 90% of all of their crops. Romania is suffering from the effects of one of the worst heatwaves in the country’s history.

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.

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.

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.