Latest Agribusiness Headlines
All the headlines from our Agribusiness Topic Page, ordered by recency.
Indiana Farm Bureau Offers $10K Reward for Information on Barn Arsons
Oct 26 2021 // A reward is being offered as investigators try to find whoever has set at least a dozen barn fires at northern Indiana farms this year. The Farm Bureau groups in Elkhart, Kosciusko, St. Joseph and Marshall counties created...
AM Best Drops Florida Farm Bureau Outlook to Negative After Surplus Declines
Oct 21 2021 // Credit-rating agency AM Best has downgraded its outlook for Florida Farm Bureau Casualty Co., from stable to negative, due to the company’s declining surplus in a disaster-prone state. “The revised outlooks...
USDA: New Insurance Policy Aimed at Helping Small Farms
Oct 18 2021 // The U.S. Department of Agriculture (USDA) is rolling out a new insurance option specifically for small farms that sell their products locally. USDA’s Risk Management Agency (RMA) created this new policy based on...
Agriculture Department Readying Waivers to Address Pork Plants’ Processing Speed
Oct 8 2021 // The U.S. Department of Agriculture is working on a proposal for a waiver system for hog plants forced by a federal court to slow processing lines, Secretary Tom Vilsack said on Thursday. Waivers to allow plants to speed up...
USDA: New Insurance Policy Will Help Farmers Who Sell Locally
Oct 7 2021 // The U.S. Department of Agriculture (USDA) is rolling out a new insurance option specifically for agricultural producers with small farms who sell locally. USDA said the new Micro Farm policy simplifies record keeping and...
California FAIR Plan Files to Offer Property Coverage to Farms
Oct 6 2021 // The California FAIR Plan Association announced on Wednesday it has submitted a farm product rate filing to the California Department of Insurance ahead of a 90-day deadline. The deadline to make the filing was imposed in...
Judge Questions Army Corps’ Clean Water Act Decision on Indiana Dairy Farm; Orders Review
Oct 6 2021 // A federal judge has ordered the U.S. Army Corps of Engineers to review its decision that a dairy farm built in northwest Indiana to house more than 4,000 cows is not subject to the Clean Water Act. Environmental groups and...
Colorado Dairy Fined over Worker’s Death in Manure Pit
Oct 4 2021 // A dairy in northern Colorado has been fined nearly $25,000 after the death of a worker whose truck slipped into a pit filled with liquid manure. The Occupational Safety and Health Administration cited Shelton Land and...
Ida Damage to Louisiana Agriculture at Least $584M
Oct 4 2021 // Hurricane Ida’s winds and floods did at least $584 million in damage to agriculture in Louisiana, experts at the LSU AgCenter estimate. More than half of that — $315.9 million — is timber damage, with...
MS Amlin AG Enters Agriculture Reinsurance Market, Hiring Bektleuov From PartnerRe
Sep 29 2021 // MS Amlin AG (MS AAG), the global reinsurer, announced its entry into the agriculture reinsurance market with the hire of Rinat Bektleuov as product group lead underwriter. Bektleuov joined the business in August 2021 and...
AgCenter: Ida Damage to Louisiana Agriculture at Least $584M
Sep 27 2021 // Hurricane Ida’s winds and floods did at least $584 million in damage to agriculture in Louisiana, experts at the LSU AgCenter estimate. More than half of that — $315.9 million — is timber damage, with another...
3 South Dakota Family Members Sentenced for Defrauding Farmers
Sep 23 2021 // Three members of a South Dakota family accused of bilking millions from farmers due to risky speculation in the grain business have been sentenced to time behind bars. Jared Steffensen and his wife, Tami Steffensen,...
Arthur J. Gallagher Acquires Files Agribusiness in Louisiana
Sep 21 2021 // Arthur J. Gallagher & Co. acquired Bastrop, La.-based Files Agribusiness LLC, retail insurance agency specializing in federal crop insurance, agribusiness property/casualty and agricultural aviation coverages. Terms of...
Cybersecurity Incident Knocks Iowa Farm Services Firm’s Systems Offline
Sep 21 2021 // Iowa-based farm services provider NEW Cooperative Inc. said its systems were offline to contain a “cybersecurity” incident just as the U.S. farm belt gears up for harvest. The cooperative operates grain storage...
Wisconsin Agribusiness Sued for Harassment, Discrimination, Retaliation
Sep 17 2021 // Wisconsin’s largest ginseng producer is facing a federal lawsuit charging the company with subjecting female workers to hostile work environment and firing them for resisting, and for discriminating against employees...
Tyson, Perdue to Pay $35M to Settle Chicken Farmers’ Price Fixing Suit
Sep 7 2021 // Two of the industry’s biggest poultry companies have agreed to pay nearly $35 million to settle a lawsuit that accused them and several other firms of conspiring to dominate the industry and fix the prices paid to...
USDA: New Insurance Option Available to ‘Conservation-Minded’ Corn Farmers
Sep 3 2021 // Conservation-minded corn farmers who “split apply” nitrogen will soon have another option for insurance coverage, the U.S. Department of Agriculture (USDA) says. Beginning in crop year 2022, the Risk Management...
Michigan Dairy Processor Sued for Disability Discrimination
Sep 3 2021 // Federal employment officials charged a dairy processor for allegedly firing an employee rather than accommodate her disability at a Michigan facility. The U.S. Equal Employment Opportunity Commission (EEOC) cited Agropur...
Northeastern Iowa Tornado, Storms Damage Buildings, Crops
Aug 30 2021 // Officials in northeastern Iowa say a tornado caused significant damage, especially in the small town of Marble Rock. KCRG-TV reports that emergency management officials cited power lines and trees knocked over after a...
Insurtech Blue Marble Launches Weather-Index Crop Insurance for Pakistani Farmers
Aug 18 2021 // Blue Marble, a London-based insurtech that offers affordable insurance protection for low-income families and small businesses in emerging markets, has launched a weather-index insurance-pilot program for smallholder...
