Latest Agribusiness Headlines
All the headlines from our Agribusiness Topic Page, ordered by recency.
AIR Worldwide Launches Multiple Peril Crop Insurance Model for China
Oct 31 2011 // Catastrophe risk modeling firm AIR Worldwide announced that it has released the industry’s first Multiple Peril Crop Insurance (MPCI) Model for China. AIR said the “new model provides a fully probabilistic...
War Veteran Turned Banker is China’s New Insurance Regulator
Oct 31 2011 // Xiang Junbo, the man named on Saturday to be China’s insurance regulator, recently led the country’s third-largest lender from near insolvency to a record IPO with assets worth more than India’s national...
Cuomo: More State Aid for Flood-damaged New York Farms
Oct 28 2011 // The Cuomo administration is distributing an additional $850,000 in aid for more than 100 New York farms impacted by flooding caused by tropical storms Irene and Lee. Gov. Andrew Cuomo on Tuesday, Oct. 25, announced that...
Bayer Extends Genetically Modified Rice Settlement Deadline
Oct 26 2011 // Rice farmers have nearly a month to file for part of a $750 million settlement to claims that they lost money because Bayer CropScience mistakenly sold genetically modified seed in the United States. The original deadline...
Federal Ag Secretary: Farm Bill Must Improve Disaster Aid
Oct 26 2011 // Lawmakers working on the next Farm Bill need to find an effective way to provide aid to farmers affected by natural disasters, increase funding for agricultural research and continue important conservation programs,...
More Dust Storms Expected as Texas Drought Lingers
Oct 24 2011 // The towering wall of billowing red dust roaring across the blue West Texas sky on Oct. 17 took Monroe Debusk back more than eight decades to the Dust Bowl years when he was growing up on his family’s cotton farm. The...
Drought, Flooding Cause Hard Times for Farmers in Arkansas, Louisiana
Oct 18 2011 // In a year when severe drought scorched the Southwest, a hurricane drowned crops in the East, and river flooding swamped farms in the Midwest, one of the worst places to be a farmer may be just west of the Mississippi...
Reduced North Dakota Crop Harvest Expected to Hurt Economy
Oct 18 2011 // Reduced yields in some crops will hurt North Dakota’s economy, officials say. The U.S. Agriculture Department has reported that floods, hail, wind and early frost will mean farmers will harvest about half as much...
Thailand: Bangkok Escape Floods as Waters Recede
Oct 17 2011 // The government expressed confidence Sunday that Bangkok will escape Thailand’s worst flooding in decades, as the capital’s elaborate barriers held strong and floodwaters receded from submerged plains to the...
Nationwide, Harleysville CEOs Say Merger All About Growth
Oct 17 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...
US Congress OK’s Korea, Panama, Colombia Trade Pacts
Oct 13 2011 // Congress Wednesday approved long-delayed trade pacts with South Korea, Colombia and Panama that are expected to lift exports by about $13 billion a year and give U.S. employment a boost. Republicans and Democrats joined...
Oklahoma Farm Bureau Group Ratings Downgraded
Oct 12 2011 // A.M. Best Co. has downgraded the financial strength rating to B- (Fair) from B (Fair) and issuer credit ratings to “bb-” from “bb” of Oklahoma Farm Bureau Group (Oklahoma Farm Bureau) and its...
North Dakota’s Dorgan Joins Board of The Climate Corporation
Oct 12 2011 // Weather insurance provider WeatherBill has changed its name to The Climate Corporation and added former U.S. Sen. Byron Dorgan of North Dakota to its board of directors. The San Francisco-based company says the name change...
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...
