Latest Agribusiness Headlines
All the headlines from our Agribusiness Topic Page, ordered by recency.
USDA Mulls Options on Midwest Flood Aid
Jul 7 2008 // The U.S. Agriculture Department (USDA) will look “at everything possible” to aid Midwest farmers hurt by the worst flooding in more than 15 years, Agriculture Secretary Ed Schafer said in late...
Insurance Bills Sent to Louisiana Governor
Jul 7 2008 // Of the insurance-related bills sent to Louisiana Gov. Bobby Jindal for his signature following the close of the 2008 legislative session, one would require drivers to carry higher minimum liability limits on their...
U.S. Agriculture Chief Cites Obstacles to Aid to Farmers Hurt by Flooding
Jul 2 2008 // The U.S. agriculture secretary says he is concerned that legal hurdles prevented much immediate federal help for Midwestern farmers faced with serious setbacks because of flooding. “I think everybody is frustrated...
Florida Rejects Farm Bureau 30% Property Insurance Rate Hike Again
Jul 2 2008 // Florida Insurance Commissioner Kevin McCarty has officially adopted the ruling of an administrative law judge who rejected a 30.3 percent property insurance rate increase sought by Florida Farm Bureau. “Rulings like...
Experts Predict Flooded Midwest Will Lose Billions
Jul 1 2008 // Floodwaters receding into the Mississippi River and its tributaries will suck billions of dollars out of the Midwest’s economy, though experts have not agreed on whether the damage will be as devastating as the 1993...
South Arkansas Farmers Report Fuel Thefts
Jul 1 2008 // As fuel costs keep climbing, farmers and police say thieves are beginning to target off-road diesel tanks kept in fields throughout south Arkansas. In Desha County, about 3,000 gallons of off-road diesel have been reported...
Midwest Flood Losses Sink In as Mississippi River Water Levels Recede
Jun 30 2008 // Farmhouses appear to float on lakes, and farmers use boats to get to their barns. Businesses are shuttered as flooded roadways cut off customers. Rail lines, factories, river locks are shut down. Homeowners, who watched...
Midwest Flooding Not Over as Missouri Levee Breaks
Jun 27 2008 // A levee near Winfield, Missouri, that was holding back the flood waters of the Mississippi River broke early Friday morning, said the U.S. Army Corps of Engineers. The levee broke at its south end at 5:20 a.m. CDT (1020...
Limited Liability for Farmers Part of Louisiana’s Legislative Success
Jun 27 2008 // Agriculture and Forestry Commissioner Mike Strain, D.V.M. believes his first regular session with the Louisiana Legislature was an overwhelming success for farm and forestry interests. Strain says lawmakers passed 23 of...
Farmers Expands Its Flexible Auto Package in Texas
Jun 27 2008 // Effective July 1, Farmers Texas County Mutual is adding two new packages to its Farmers Flex package of options that can reward drivers for being accident-free. Farmers Senior Vice President of Personal Auto Bill Martin...
Feds Extend Reporting Time for Crop Insurance in Flood Areas
Jun 25 2008 // Federal crop insurance officials say they will allow additional time, until Aug 15, 2008, for submitting acreage reports for all 2008 crop year spring-seeded acreage in areas impacted by flooding and extreme weather...
ACE Comments on Impact of Midwest Floods on Crop Insurance Results
Jun 24 2008 // Bermuda-based ACE Limited has announced that, based on current estimates, the impact of the recent floods in the Midwestern U.S. “will have a negligible impact on both second quarter and full-year earnings per share...
Floods Could Cost Indiana Farmers Nearly $800 Million in Crop Damage
Jun 23 2008 // Indiana’s agriculture director says June’s flooding likely caused the worst agriculture disaster in state history, damaging nearly a tenth of corn and soybean crops and costing farmers upward of $800...
Crop Insurance Industry Pledges Aid and Support to Midwest Farmers
Jun 20 2008 // Flooding across the Midwest has devastated communities across several states. Among those hardest hit are farmers, who have lost homes, livestock and thousands of acres of farmland, said the president of the National Crop...
Ind. Farm Bureau Named Grassroots Network Company of the Year
Jun 19 2008 // Indiana Farm Bureau Insurance, a long-time, active member of the Insurance Institute of Indiana, has been recognized by the association as the Institute’s Insurance Grassroots Network Company of the Year. The company...
Analyst Sees U.S. Insurers’ Q2 Hurt by Flood Claims
Jun 19 2008 // A group of insurers who cover farmers in the event of catastrophe-driven losses are facing their worst claims in 15 years due to flooding in the Midwest, said a Lehman Brothers analyst, who cut second-quarter earnings...
U. S. Department of Agriculture Mulls Over Options on Midwest Flood Aid
Jun 18 2008 // The U.S. Agriculture Department (USDA) will look “at everything possible” to aid Midwest farmers hurt by the worst flooding in more than 15 years, Agriculture Secretary Ed Schafer said Wednesday (June...
Insurers Could Be Hit by U.S. Midwest Crop Loss Claims
Jun 17 2008 // Insurers who sell coverage compensating farmers in the event of damage to their crops could be hit by claims from severe flooding in parts of the U.S. Midwest, according to an analyst report. While it is too soon to know...
Iowa Legislative Panel to Study Impact of Flooding on Livestock Industry
Jun 17 2008 // Iowa lawmakers agreed on June 12 to create a special committee to examine the economic impact of this spring’s flooding on Iowa’s livestock industry. The Legislative Council, a bipartisan group that runs the...
Insurers: Don’t Have to Cover Colorado Organic Dairy in Suit
Jun 16 2008 // Four insurers have asked a judge to declare they do not have to pay to defend or indemnify Aurora Organic Dairy against a lawsuit challenging claims about the dairy’s milk. The lawsuit in question alleges the...
