Philippines - NegOcc allots P5-M additional fund for crop insurance

26.07.2019 623 views
With the recent surge in the number of farmers affected by calamities like typhoon, the Provincial Government of Negros Occidental, through the Office of the Provincial Agriculturist (OPA), has allotted P5 million as additional fund for its Negros First Universal Crop Insurance Program (NFUCIP). Provincial Agriculturist Japhet Masculino said the additional insurance fund was already approved by the provincial board during its regular session earlier this week. It will cover the farmers’ enrolment premium of P840 each, for their crops alone. The enrolment premium can reach up to P1,175 if including life insurance. Masculino said calamities can happen anytime thus, it is better if farmers are enrolled so they can receive indemnity claims. “For the recent drought, from January to June this year, the Philippine Crop Insurance Corporation (PCIC) distributed at least P64 million for about 13,000 farmers in Negros Occidental,” he said, adding that “we only have minimal fund left for our crop insurance program.” Implemented starting 2011, the NFUCIP is an initiative of the provincial government in partnership with the PCIC. Under which farmers may avail themselves of the P17,000 claim per hectare of damaged farms. Based on the modified guidelines of the program, the enrollment premium per cropping season is shouldered by the provincial government as a loan. In the previous coverage, only P500 is being shouldered by the province while the remaining P340 is the counterpart of the farmer-enrollees. Enrollees should apply for insurance before planting and farms covered by the program are those planted for not less than 25 days. Masculino recalled that agriculture sector of the province, excluding sugarcane, has incurred damage losses worth about P174 million due to El Niño phenomenon during the first half of the year. This is on top of about P17.7 million in rice production losses brought by the recent onslaught of Tropical Storm Falcon. The amount covers 1,584 affected-farmers with 2,529.31-hectare farms in 59 barangays of six localities in the southern part of the province. Masculino said that under NFUCIP, the province was able to cover some 60,000 enrolled-farmers last year. If based on the two cropping seasons, the number would reach up to 100,000 farmers. “We continue to urge farmers to insure their crops to lessen possible adverse effects of calamities,” he said, urging enrolled-farmers affected of calamities to immediately file notices of loss so they can avail indemnity claims. Source - https://www.sunstar.com.ph
08.07.2026

EU’s livestock strategy aims to tackle animal welfare, finance, disease challenges

The European Commission has adopted its first EU Livestock Strategy alongside a Protein Action Plan, setting out measures it says will help the livestock sector deal with economic pressures, animal disease risks, environmental requirements and shifting markets.

08.07.2026

Sri Lanka - Rs. 12 billion in crop damage compensation paid to over 200,000 farmers

The Agricultural and Agrarian Insurance Board has announced that crop damage compensation totaling Rs. 12,341.5 million has been paid to 202,025 farmers affected by last year’s Cyclone Ditwah.

08.07.2026

USA - USDA Introduces More Crop Insurance Options for Forage Producers

The U.S. Department of Agriculture (USDA) is expanding coverage options to add revenue protection for forage producers in 12 states, part of the Department’s efforts to put Farmers First through improved crop insurance.

08.07.2026

Canada - Severe damage reported following weekend storm

A powerful storm that moved through southwest Saskatchewan Sunday night brought heavy rain, strong winds and hail, leaving a trail of crop and property damage in the Swift Current area.

08.07.2026

India - Rain deficit leaves TN’s Vadamalli farmers staring at heavy losses ahead of Onam

A prolonged dry spell and the failure of seasonal rains have left Vadamalli farmers in Tamil Nadu's Coimbatore district struggling to save their crop, with large stretches of flowering plants beginning to wither across Thondamuthur Block.

08.07.2026

Kenya - Fear of crop failure, auction discourages farmers from taking loans- survey

Increasing interest rates and the fears of crop failure and being auctioned are top factors that have reduced the number of farmers taking up loans for agricultural purposes.

07.07.2026

Ukraine - Cold spring delayed soybean development and increased harvest loss risk

The cold spring and low temperatures at the beginning of sowing had a negative impact on the development of soybeans in Ukraine. 

07.07.2026

Severe storms drench China, leading to deaths and crop damage

China’s central and southern regions have been lashed by heavy rain that’s led to deaths and crop damage, with more extreme weather expected later this week from a strong typhoon heading toward the country’s east.