Latest Agribusiness Headlines
All the headlines from our Agribusiness Topic Page, ordered by recency.
Farmers’ Filing Would Raise Homeowners Rates in Texas by Nearly 10%
Oct 11 2011 // Farmers Insurance plans to hike homeowner premiums in Texas by nearly 10 percent next year. The increase will apply to about half of the Farmers Insurance customers across Texas, according to a report in The Dallas Morning...
Farmers Insurance Names Linton Chief Marketing Officer
Oct 11 2011 // Michael A Linton has been named enterprise chief marketing officer for Farmers Insurance. Linton, who most recently worked as executive vice president of marketing for Silicon Valley start-up, FreeMonee Network, has spent...
North Dakota Farmers Get Older, More Prosperous
Oct 4 2011 // North Dakota farmers on average are older and more prosperous than they were a decade ago, and running bigger operations, a new study shows. The North Dakota State University study is based on the more than 500 farms of...
Deadline Nears to Submit Claims in Bayer Rice Case
Oct 4 2011 // The deadline is approaching for rice farmers to submit claims in order to share in the settlement of a lawsuit against Bayer CropScience over genetically modified rice that was inadvertently introduced into the U.S....
Despite National Recession, South Dakota Sees Growth
Oct 3 2011 // Agriculture and manufacturing have spurred the South Dakota economy to moderate prosperity in the backwash of the national recession. Gains on the farm and in some factories have offset soft times in housing and the...
Agriculture Losses from Texas Wildfires Adding Up
Sep 30 2011 // In addition to the $5.2 billion in agricultural losses as a result of the drought in Texas this year, an additional $150 million in losses can be attributed to wildfires, according to state agriculture experts. Dr. Andy...
Nationwide, Harleysville CEOs Reassure Agents: Merger All About Growth
Sep 30 2011 // The merger of insurer Nationwide Mutual with regional carrier Harleysville Mutual is all about growth, not only for the companies but also for their independent agents, according to the CEOs of the two...
Families of Two Who Died at Michigan Farm Sue
Sep 27 2011 // The families of two young people who died after falling into a tank at a dairy farm in Michigan’s Barry County have filed wrongful death lawsuits against the farm. The lawsuits were filed last week in Barry County...
Receding Missouri River Reveals Badly Damaged Land
Sep 26 2011 // As the Missouri River slowly recedes, farmers seeing their fields for the first time since June are encountering sand dunes, strange debris and deep gouges the floodwaters carved into their once-fertile land. The soil...
Swiss Re Policies Help Cholera Victims in Haiti, Poor Farmers in Africa
Sep 26 2011 // Global reinsurer Swiss Re is introducing business interruption coverage in case of cholera outbreaks for women entrepreneurs in Haiti. Swiss Re, together with Mercy Corps and Fonkoze, the largest microfinance organization...
Obama Deficit Plan Targets Farm Subsidies, Crop Insurance
Sep 20 2011 // President Barack Obama on Monday proposed to end a “direct payment” subsidy that gives $5 billion a year to farmers regardless of need, as part of his larger effort to reduce the federal budget deficit. Direct...
North Carolina Senate Panel Learns Hurricane Irene’s Costs
Sep 16 2011 // The state agency overseeing North Carolina’s response to Hurricane Irene estimates the price tag on helping individuals and governments recover from Hurricane Irene so far at about $125 million. The Division of...
New Mexico Drought Matter of Perspective, Risk
Sep 16 2011 // Perhaps it’s a matter of perspective. If you’re a cattle rancher in New Mexico without enough grass to feed your stock, it’s a drought. If you’re a satellite orbiting a couple of hundred miles away...
ACE to Acquire Penn Millers
Sep 8 2011 // Penn Millers Holding Corp., which provides property and casualty insurance through its wholly owned subsidiary, Penn Millers Insurance Co., has agreed to be acquired by a subsidiary of ACE Limited for $20.50 per share in...
Update: Irene State by State Estimates
Sep 2 2011 // Catastrophe modeling company Eqecat, whose software is used by insurers to predict exposure to disasters, estimated the economic losses in the United States from Hurricane Irene at more than $10 billion. Irene was the 10th...
Tobacco, Poultry Among North Carolina Farm Losses from Irene
Aug 30 2011 // North Carolina farmers felt the financial weight of Hurricane Irene’s winds and heavy rains Sunday as inspections following the storm revealed damage to field crops, poultry and other agricultural businesses. State...
Farmers Say Crop Insurance Critical to Kansas Agriculture
Aug 29 2011 // Kansas farmers and rural leaders told the U.S. Senate committee drafting the new Farm Bill that the federal crop insurance program is critical to Kansas agriculture. Their testimony came during a field hearing in Wichita...
North Dakota Farm Groups Backing Crop Insurance, Research
Aug 22 2011 // Crop insurance, research and export promotion should be among the top priorities in the next federal farm bill, say spokesmen for North Dakota agricultural groups, who are bracing for cuts in federal...
CEO of Arkansas-based Heifer Foundation Sues Board Members, Insurer
Aug 19 2011 // The chief executive of the foundation that supports the hunger-relief organization Heifer International has sued four foundation board members, alleging that he was suspended in retaliation for raising questions about...
Overturned Greyhound in Pennsylvania Latest Northeast Bus Crash
Aug 15 2011 // A St. Louis-bound Greyhound bus that overturned on the Pennsylvania Turnpike, sending 14 people to the hospital, was the latest in a series of bus accidents in the Northeast this year. The bus from New York City stopped in...
