Tanzania - Adverse weather conditions lead to millions of losses
25.02.2019 186 views
BOOK THE DATE - Drought Index Insurance: Latest Insights From the Global Market
03.02.2023Join industry experts from Planet, Swiss Re, AXA Climate and AgroInsurance International for a look into how insurers are using satellite data to build products, measure crop conditions, and utilize indices that measure specific phenomena - like soil moisture and NDVI. We’ll also cover the key results of the recent Drought Survey by Planet and AgroInsurance.

Spain - 30% of La Palma's banana production has already been lost due to the advance of the lava
14.10.2021More than three weeks after the Cumbre Vieja volcano erupted, the lava that continues to flow from its interior continues to devastate everything in its path, destroying houses, infrastructure, and banana plantations. The production of Platanos de Canarias is the economic engine of the island, accounting for 50% of its GDP and 30% of the jobs on the island.

Canada - Province offers $2,500 to farmers affected by wildfires as they assess losses
Financial assistance will soon be available for Nova Scotia farmers who were affected by the wildfires. The province is providing a one-time emergency grant of $2,500 to farmers located in the mandatory evacuation zones in Halifax Regional Municipality and Shelburne County.

USA - Lack of rain across the Commonwealth hampering corn growth, stressing pasture for livestock
Most of Kentucky has not received decent rain in more than two weeks. The lack of moisture is putting a strain on the state’s farmers. University of Kentucky College of Agriculture, Food and Environment specialists are concerned that corn and cattle could most feel the effects.

India - Jammu and Kashmir cherry farmers suffer huge losses as hailstorms affect 60% of crops
Last month’s inclement weather and hailstorms played havoc in J&K. President of North Kashmir Fruit Growers Association Fayaz Ahmad Malik stated: “[The] Cherry crop has witnessed large-scale damage due to the hailstorms.

USA - Vermont leaders pursue federal disaster aid after orchardists face ‘heartbreaking’ losses in May freeze
Strolling through rows of his trees on a gray, rainy day in June, Greg Burtt couldn’t help but smile when he pictured a typical autumn day at his apple orchard in Cabot. In his picture-perfect imagination, he envisioned a sunny day.

Ukraine - Risk of losing millions of tons of crops after dam collapse
Ukraine could lose several million tons of crops because of flooding caused by the destruction of the Kakhovka dam in the south of the country, the Ukrainian agriculture ministry said on Thursday.

India - Palaniswami demands adequate compensation for crop loss in TN
AIADMK General Secretary and former Tamil Nadu Chief Minister, Edappadi K. Palaniswami has demanded the state government to provide adequate compensation to the farmers who have suffered crop loss due to summer rains.

Spain - Avocado production in Huelva down by massive 70 percent
The avocado sector in the Spanish province of Huelva, which is home to about 1,800 hectares of crops, has suffered a strong setback due to the drought. Local media reports that some producers have already decided to abandon their farms after a massive 70% drop in the production.

Very tight orange market in Europe expected
“It’s looking ten times better than last year,” says Snyman Kritzinger, managing director of Grown4U in Kirkwood, and the winter has quickly turned cold, boosting colour development, while high rainfall has helped acids and residue levels to drop.