Shrimp farmers now enjoy full protection from the government against potential harvest failure caused by diseases, fungus or even natural disasters. Under a new insurance scheme worked out by the Financial Services Authority (OJK) and the Maritime Affairs and Fisheries Ministry, the government will pay for the entire premium, rather than just 80 percent, as in the past.
Amatikulu Prawns (Pty) Ltd operated as a commercial shrimp farm between 1989 to 2004 when market forces made producing shrimp unviable and the farm closed. The farm established the technical requirements from the existing scientific literature, consultancy, training courses and visits to other commercial farms. The farm had two sites (10 Ha and 24 Ha), two hatcheries, a HACCP certified processing plant and a feed mill.
News Publications Documents
Agricultural insurance Analitics Australia Canada crop crop insurance crop loss crop losses damage drought farmers flood frost Hail India losses News Philippines rain Risk management Russia Spain Ukraine USA USA АЧС Болезни Господдержка Заболевания Казахстан Страхование урожая животноводство заморозки засуха кукуруза метеообзор озимые потеря урожая пшеница свиноводство состояние посевов соя страхование посевов субсидии урожай