USA - 2020 Iowa drought & derecho destroyed $802 million worth of crops

30.07.2021
A new report has shed some light on the financial impact last year’s drought and derecho in Iowa – two severe weather events that decimated millions of acres of corn, soybean and pasturelands. According to the American Farm Bureau, crop insurance covered almost $560 million in losses, while Iowa farmers were responsible for covering the remaining $243 million themselves. The drought conditions alone in 2020 damaged crops in the state to the tune of $308.2 million, while the derecho caused a whopping $490.8 million in crop loss. Crops stressed by extended dry conditions were already weakened, making them even more vulnerable to the intense wind and rain from the derecho. The financial impact from rangeland and pastureland damage from both drought and the derecho, came in at $3.1 million. Although the Farm Bureau’s crop damage estimates paint a realistic picture of the dollar value of crop damages, it did not consider other losses in the state’s agriculture sector, including damaged barns and outbuildings, grain bins, livestock, farm equipment, and more. The devastating derecho hit the state on August 10, 2020, with straight-line winds reaching up to 140 mph. Several other states also experienced damage to crops and infrastructure from the severe storm, which travelled a total of 770 miles, across eight states. Around 95 per cent of Iowa’s total corn and soybean acres were insured by the state’s farmers last year, which represents around $12 billion of value. Crop insurance premiums are paid for by both farmers and taxpayers, although they did not cover the total financial losses. The House agriculture committee approved an $8.5 billion disaster bill on Tuesday to aid farmers and ranchers who suffered crop and livestock losses due to the natural disasters. Iowa, as well as several other Midwestern and Western states continue to experience drought conditions in 2021. Prolonged drought conditions are putting pressure on livestock feed supplies and forcing some farmers to turn their withering crops into silage for livestock feed in the event the dryness continues and causes a total crop failure. Source - https://www.farms.com
15.10.2021

USA - Summer weather still impacting farmers as fall harvest begins

It was a summer of significant crop loss for U.S. farmers as drought and severe rain events tore through the country. As the fall harvest season begins, some farmers are still recovering. In Northeast Ohio, harvest season will start late on Jason Schriver’s 300 acres of farmland. 

15.10.2021

Philippines - Agriculture damage due to Maring now over P1B

The damage left to the country’s agriculture sector by Severe Tropical Storm Maring after ravaging northern Luzon and parts of the Visayas has risen to more than a billion pesos, the Department of Agriculture (DA) said Friday.

15.10.2021

USA - Storms down fungus-infected crops

A combination of fungus and this week’s stormy weather is ravaging crops. We first told you about tar spot on Monday. It has been devasting to farmers. “Going into this, this should have been one of the best crops the guy has ever raised in to see it now flat,” said Marc Eads, farming consultant. 

15.10.2021

India - Exposed at sea, fishers need better insurance to manage climate risks

Rufino Possa, 52, a fisher from Uttan, a coastal village in north Mumbai, returned home on October 2, after 12 days at sea, four days more than he planned. The rough seas churned up by Cyclone Gulab towards the end of September meant that he could not find any catch. 

15.10.2021

USA - Idaho sees 40 percent reduction in 2021-2022 onion crop

Idaho onions have finished with harvest and one grower says there’s a 40 percent reduction in the crop over last year. "I attribute it to five different things,” says Shay Myers of Parma, ID-based Owyhee Produce. “There was record dry weather, record windy weather, record high temperatures, record smoke-filled skies and a record labor shortage.”

15.10.2021

China - Apple supply at risk due to hailstorms in Shaanxi Province

Last month, the average price of Chinese apples rose by 1.7% m-o-m to USD 1,115/MT due to several extreme weather events in the northwest of China. China is the world’s largest producer of apples, accounting for almost half of global production.

15.10.2021

Time will tell if challenging 2021 grape harvest affects wines across world

The heady aroma of crushed grapes (must, as it is known in the industry) is filling the air of wineries across the Northern Hemisphere. Starting as early as August in some regions, and continuing into October in others (depending on varietal and climate), the 2021 grape harvest is shaping up to be one for the record books—not all of it in a good way.

15.10.2021

India - No MSP procurement of Bajra in state, farmers facing losses up to Rs 1000 per quintal

The Bajra (Millet) producing farmers of Rajasthan are facing a loss of up to Rs 900-1000 per quintal as there is no MSP (minimum support price) procurement of the crop in the state till now. The issue is heating up as the neighbouring state Haryana is not only procuring it but giving price differences to the Bajra producing farmers.