- Dairy Revenue Protection, which provides revenue protection for dairy production — was available for sale as of October 2018. As of Jan. 31, there were 9,379 endorsements covering over 30 billion pounds of milk from over 5.2 million cows and equal to 14% of total production.
- Multicounty Enterprise Units were implemented in 2019 and covered 3 million acres. Around 13% of eligible acreage participated, mainly corn and soybeans.
- A new quality loss option will be implemented this summer for the 2021 crop year. It allows the insured to replace their post-quality production amount with their pre-quality production amount in APH. Specific crops for the initial year of implementation include barley, canola, corn, flax, grain sorghum, oats, rye, safflower, soybean, sunflower, and wheat.
- Improvements will be made for tobacco, starting in 2021. Barbre said concerns were raised by stakeholders on the differing values of contracted vs. non-contracted tobacco RMA plans to have separate price elections for the contracted vs. non-contracted value of tobacco, based on actual expected returns from sales. Quality adjustments will be limited to contracted tobacco only.
- Hurricane Insurance Protection — Wind Index (HIP-WI) is an option to add coverage for hurricanes to an already-existing MPCI policy. Barbre said it covers the deductible portion of the MPCI policy, up to 95% of crop value, and is similar in structure to the Supplemental Coverage Option (SCO). It covers about 70 crops.
USA - Crop insurance industry looks back on eventful 2019 and forecasts 2020 changes
20.02.2020 284 views2024 AgroInsurance International Conference: New Partners and Agenda updates
26.02.20242024 AgroInsurance International Conference will take place on June 3-5, 2024 in Belgrade, Serbia, at the Hyatt Regency Hotel. Planet Labs (USA) and GAF AG (Germany) are sponsors of our conference. Agremo (Serbia) has been confirmed as the Organization Partner. More partners and sponsors to be announced in March 2024.
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.
Senegal - Delayed flowering of mangoes in southern parts
Mango growing is progressing steadily in southern Senegal, but with a few complications that are worrying growers, says Aminata Dominique Diouf, a mango grower and exporter based in Nema.
Ireland - Compensation sought for flood-impacted potato growers
In response to the recent flooding events that severely impacted potato cultivation across regions in Ireland, industry representatives are now calling for financial compensation for the affected farmers.
India - Untimely rains, winds damage mango orchards in Sangareddy
Untimely rains coupled with strong winds that lashed several parts of Sangareddy district late on Saturday have left a vast trail of crop loss. The mango crop, which had fruits at the tender stage, recorded considerable damage. Farmers in Sangareddy district had cultivated mango on nearly 16,000 acres.
Australia - West wineries record 'worst harvest' in years following the state's hottest summer on record
Bruno de Tastes walks up and down rows of manicured vines at his winery, scrunching green and golden leaves between his fingers as he goes. "The leaves [are] … still quite cold and there's still plenty of moisture in the leaves," he said.
Australia - Reporting mouse numbers
Grain growers across Australia are being urged to check their paddocks and record mouse numbers activity as part of a campaign aimed at early detection and effective control ahead of this year’s winter crop.
Thailand - A new app enables farmers plan agricultural activities during a drought
An application called "Crops Drought" has been launched to allow farmers to plan their cultivation and water reserves during a drought, the Department of Agricultural Extension said on Sunday.
Philippines - Over P379-M aid released to El Niño-affected Mimaropa farmers
The Department of Agriculture (DA) on Monday said it distributed around PHP379.06 million worth of aid to affected farmers in the Mimaropa region amid the El Niño phenomenon.
Vietnam - $3bn annual crop losses from rising saltwater levels
Vietnam faces nearly $3 billion a year in crop losses as more saltwater seeps into arable land, state media reported Sunday, citing new research. The damage would likely center on the Mekong Delta region, known as “Vietnam’s rice bowl” because it provides food and livelihoods for tens of millions of people, research from the country’s Environment Ministry showed.