NEWS
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News
19.09.2024

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.

19.09.2024

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.

18.09.2024

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.

18.09.2024

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.

18.09.2024

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

18.09.2024

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.

18.09.2024

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.

18.09.2024

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.

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

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