Agroinsurance

NEWS

Peru - Organic banana exports on a halt due to floods

09.03.2016 481 views

Northern Peru has been severely hit by heavy rains in recent days, which have caused many floods throughout the region. 5,000 hectares of crops have been seriously affected after the overflowing of the river Tumbes, with organic bananas, rice, lemon, cocoa and fruit trees as the most affected crops.

"A flood of this magnitude had not been recorded since 1998. Despite the preventive measures enforced by both the Ministry of Agriculture and the producers, it has not been possible to reduce the damage," explains Raúl Villa, spokesperson of APPBOBA (Association of Small Producers of Organic Bananas of Brujas Alta).

Given that the area is mostly devoted to the production of organic bananas, the export of this Peruvian product has stagnated and the situation won't change for a few weeks.

It has been forecast that the rains will stop on 15 March; by that time, it will be possible to determine the extent of the losses and the date when production will resume. "We hope to be able to continue growing and marketing our organic bananas soon and that the consequences of phenomena such as El Niño are not repeated," concludes Raúl Villa.

Source - freshplaza.com

EVENTS

ScaleAgData Stakeholder Engagement Event

22.10.2024

The ScaleAgData project is pleased to invite you to our second stakeholder event. Building on the discussions and connections formed during our first webinar, this event will focus on fostering collaboration among stakeholders, providing updates on our project’s progress, and outlining future opportunities for engagement.

RISK EVENTS

Cyclone Alfred causes $11 million crop damage in Australia

20.03.2025

The Australian horticultural sector faced challenges following Cyclone Alfred's impact in late February.

Vietnam - Aid for agricultural insurance premiums proposed to rise

The Ministry of Finance has proposed increasing support for agricultural insurance premiums and expanding eligible beneficiaries in a move aimed at encouraging greater participation by farmers and agricultural organisations.

03.05.2026

USA - MDARD Awards Over $3.2 Million Through Resilient Food Systems Infrastructure Grant Program

The Michigan Department of Agriculture and Rural Development (MDARD) today announced more than $3.2 million of grants to 10 Michigan entities through the U.S. Department of Agriculture’s (USDA) Resilient Food Systems Infrastructure (RFSI) Grant Program. 

03.05.2026

India - 100 acres of maize and jowar crops reduced to ashes in fire

Farmers, who had worked for months, were just days away from bringing their harvest home. Unfortunately, an accidental fire turned their hopes into ashes, destroying nearly 100 acres of maize crops.

03.05.2026

Philippines - Abra farmers, fisherfolk benefit from more than P14M crop insurance

Lagayan farmer Roberto Layao is thankful for the crop insurance money he received from the Philippine Crop Insurance Corporation (PCIC).

03.05.2026

India - Fresh hailstorm hits South Kashmir apple belt, farmers seek crop insurance

A hailstorm struck apple-growing villages in Shopian and Kulgam districts, adding to worries of growers already facing erratic weather this season.

03.05.2026

Canada - Organic and seed growers gain access to MASC’s contract price option

Contract price option now offered on organic, pedigreed seed and forage seed acres — and producers have until June 30 to sign on for higher dollar coverage.

29.04.2026

USA - Congress considers farm bill as farmers are pinched by rising costs

A sweeping law that governs crop insurance, conservation programs, and nutrition assistance is up at one of the toughest moments for farmers in recent memory.

29.04.2026

India - Nor’westers wreak havoc across north Bengal, normal life disrupted

Nor’westers wreaked havoc in different districts of north Bengal late on Tuesday night. Trees were uprooted, the electric supply was affected, along with standing crops. Many areas also witnessed waterlogging.