Latest Agribusiness Headlines
All the headlines from our Agribusiness Topic Page, ordered by recency.
Farmer Confirmed as South Carolina Commissioner
Feb 25 2013 // The South Carolina Senate voted 29-1 to confirm a retired insurance lobbyist as the state’s new insurance commissioner. Raymond Farmer was appointed by Gov. Nikki Haley to serve as director for the South Carolina...
High Prices, Crop Insurance to Offset Drought Losses for Farmers in 2013: USDA
Feb 25 2013 // The seven-year-old U.S. agricultural boom, driven by record-high commodity prices and painfully tight supplies, is expected to peak this year and then come to an abrupt end as high costs start to bite, the government...
Montana’s Wheat Crop Valued At $1.7B
Feb 22 2013 // Agricultural analysts say Montana’s 2012 wheat crop was valued at a record $1.7 billion, making it the fifth time in six years that the crop has been valued at over $1 billion. The Billings Gazette reported farmers...
Federal Crop Insurance Board Gets 4 New Directors
Feb 22 2013 // Agriculture Secretary Tom Vilsack recently named four new members of the Federal Crop Insurance Corp. (FCIC) board of directors. The new appointees are James Bardenhagen, Iris Saenz, John F. Finston, and Kenneth Ray Sneed....
No Damage to Florida Citrus Crop from Cold Snap
Feb 20 2013 // Florida came through this week’s cold snap with no major damage to the orange blossoms that will produce next year’s crop, the state’s largest growers’ association said. Temperatures dipped below...
Supreme Court Justices Appear to Back Monsanto in Seed Patent Claim
Feb 20 2013 // U.S. Supreme Court justices signaled on Tuesday that agribusiness giant Monsanto Co. was in a strong position to claim that an Indiana farmer violated its patent for a type of soybean. In a case closely watched by the...
Rain and Snow Help Ease Plains/Midwest Drought
Feb 20 2013 // 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...
Farmers CEO: Changes Align Leadership Around Core Businesses
Feb 19 2013 // Jeff Dailey, chief executive officer of Los Angeles, Calif.-based Farmers Group Inc., on Tuesday announced several executive leadership team appointments he says better aligns the leadership team around Farmers core...
Scientists Want Montana Climate Office Reopened To Help Farmers
Feb 19 2013 // State officials should approve and provide money to reopen a state climate office because new technologies could help crop producers track global competition as well as offer other advantages, scientists at the University...
Court: Iowa Farmers Who Host Tours Can Be Liable
Feb 19 2013 // Farmers who host educational tours for the public are not shielded from personal injury lawsuits under a law meant to promote recreation on private lands, the Iowa Supreme Court ruled. The owners of a dairy farm in...
Farmer Confirmed As South Carolina Insurance Commissioner
Feb 18 2013 // The South Carolina Senate voted 29-1 to confirm a retired insurance lobbyist as the state’s new insurance commissioner. Raymond Farmer was appointed by Gov. Nikki Haley to serve as director for the South Carolina...
North Carolina Agent, Farmer Sentenced for Crop Insurance Fraud
Feb 18 2013 // Two North Carolina men have been sentenced for their roles in a massive crop insurance fraud. A federal judge last Wednesday sentenced insurance agent William Larry Rogers to 9 years in prison for conspiring to make false...
Crop Insurance Tops Garamendi’s Ag Committee Goals
Feb 14 2013 // As the newest member of the House Agriculture Committee Congressman John Garamendi says he plans to put crop insurance, agricultural research, conservation programs, food security and the marketing of regional crops...
Oklahoma Bill Would Shield Agritourism Businesses from Liability
Feb 14 2013 // The Oklahoma Senate Judiciary Committee has approved legislation that would provide liability protection for Oklahoma’s agritourism professionals. Under Senate Bill 931, by Sen. Ron Justice and Rep. Scott Biggs,...
Zurich Posts $ 3.9 Billion Net Income; Farmers GWP up 24% to $4.4 Billion
Feb 14 2013 // The Zurich Insurance Group reported a business operating profit (BOP) of $4.1 billion and net income attributable to shareholders (NIAS) of $3.9 billion for the year ended December 31, 2012. Zurich’s report gave the...
Starr Indemnity Approved to Participate in Federal Crop Insurance Program
Feb 13 2013 // Starr Indemnity & Liability Co. has received approval from the Risk Management Agency of the United States Department of Agriculture to participate as an Approved Insurance Provider in the federal multi-peril crop...
Farm Values Soar in North Dakota in 2012
Feb 13 2013 // Farmland values in North Dakota in 2012 jumped 46 percent on average over the year, with demand from both farmers and investors, a new report concludes. The report from the North Dakota Chapter of the American Society of...
High Prices, Crop Insurance to Offset Drought Losses for Farmers in 2013: USDA
Feb 12 2013 // The seven-year-old U.S. agricultural boom, driven by record-high commodity prices and painfully tight supplies, is expected to peak this year and then come to an abrupt end as high costs start to bite, the government...
Farmers Insurance Pulling Out of Louisiana
Feb 11 2013 // Farmers Insurance Exchange, which has around 23,000 homeowner and 7,000 auto policies in Louisiana, is dropping those lines of business in the state, but a company spokesman said Friday it will retain more than 100,0000...
Study: Agriculture Plays Important Role in Utah Economy
Feb 11 2013 // Agriculture continues to play an important role in Utah’s economy, according to a Utah State University study. The study found that when taking into account related industries such as food processing, agriculture...
