Crop-friendly rain and snow is blanketing much of the drought-stricken U.S. Plains hard red winter wheat region and the dry western Midwest, an agricultural meteorologist said on Wednesday. “Widespread coverage of the Plains and western Midwest will occur in the …
The unrelenting drought gripping key farming states in the U.S. Plains shows no signs of abating, and it will take a deluge of snow or rain to restore critical moisture to farmland before spring planting of new crops, a climate …
Dry weather continues to plague the drought-stricken U.S. Plains and western Midwest with only light showers and snowfall expected this week, an agricultural meteorologist said on Monday. “The Plains and the northwest Midwest will still struggle with drought, there’s not …
Record-setting droughts in the U.S. Midwest throughout 2012 are likely to result in substantial gross insured losses for crop insurers and reinsurers and possibly their first overall loss in 10 years, says Moody’s Investors Service in a profile of the …
U.S. crop insurers have already paid out $822 million in indemnities this season, but it is still far too early to tell how large the industry’s losses will ultimately be, National Crop Insurance Services said on Friday. The trade group …
A comparatively low-priced disaster bill for livestock producers hit by the worst U.S. drought since 1956 may be the ticket to passage for a $500 billion farm bill now in limbo in Congress. Republican leaders in the House of Representatives …
Light showers overnight in the southwestern U.S. Midwest were too little too late to prevent further losses to corn and soybean yields, and next week will bring the return of high heat and drought, an agricultural meteorologist forecast Thursday. Rain …
U.S. crops are taking a beating in the worst drought since 1988 but most farmers are not sweating like they did 24 years ago when a drought hit as they were just starting to recover from a farm depression that …
Analysts at Fitch Ratings say they believe the leading writers of crop insurance will be able to absorb any near-term crop losses from the current drought in the Midwest. Fitch said the insurers are likely to maintain current levels of …
Rain will fall early this week in the northern U.S. Midwest, with from 1 to 2 inches expected across a broad parched swath of corn and soybean land roughly north of Interstate 80, an agricultural meteorologist predicted Monday. “It’s good …
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