USA - Nebraska ag losses from flooding estimated close to $1B20.03.2019 199 views
BOOK THE DATE - Drought Index Insurance: Latest Insights From the Global Market03.02.2023
Join 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 lava14.10.2021
More 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.
India - Farmers badly hit due to crops loss by in seasonal rains
Unseasonal rains and hailstorm in parts of Telangana have damaged standing crops in more than 1.50 lakh acres, according to initial estimates by the state government. The unexpected rains and hail storms due to the trough over the state caused huge losses to farmers, who were hoping to reap the Rabi harvest in a few days.
USA - Bitter temperatures wipe out Canton peach crop
Temperatures dipped into the upper teens in some of North Carolina's western counties earlier in the week and that took a big toll on fruit growers. Howard Taylor says his peach crop at KT’s Orchard in Canton is now a total loss.
Egypt - Strawberry growers complain of adverse weather conditions
The strawberry sector in Egypt is suffering disruptions due to unfavorable weather conditions, according to Mohammed Ezzat, CEO of the producer Green Nile. Ezzat explains: "The season started with a cold snap that affected the Ismailia region in particular, and damaged the strawberry crops.
Argentina - Farmers struggle as drought withers their crops
The ground crackles as Guillermo Cuitino walks across dry farmland that should be green and lush this time of year. He grabs a soy plant and easily disintegrates its leaves with his hands.
USA - 2022 the third-costliest disaster year on record
2022 will go into the record books as the third-costliest year for weather disasters in U.S. history, with an estimated $165 billion in total economic losses. In the agriculture sector, new analysis by American Farm Bureau Federation economists in the latest Market Intel shows extreme weather caused more than $21 billion in crop losses.
India - Bad weather flattens crop on 10% area of wheat farms, 5 districts of Punjab most hit
The hailstorm coupled with rain and strong cyclonic winds has played spoilsport for the much- expected bumper wheat crop in Punjab this year. Around 4 lakh hectares (9.88- lakh acres), which comes to over 10% of the total wheat crop, is under heavy lodging (flattening).
USA - USDA grants disaster assistance to Wyoming agricultural producers
The U.S. Department of Agriculture (USDA) is offering recovery assistance for livestock losses in Wyoming, in addition to Idaho, Minnesota, North Dakota and South Dakota. Agricultural operations in Wyoming were significantly impacted by recent snowstorms, prompting Governor Gordon to request disaster designation for all 23 counties.
India - Telangana CM announces Rs 10,000 per acre compensation for crop losses due to rains
The Telangana state government announced Rs 10,000 compensation per acre for crops that were damaged in the recent untimely rains across the state. Standing crops like paddy, mango, maize, and horticulture crops were damaged in the recent rains and hailstorms in several parts of the state last week.