Latest Agribusiness Headlines
All the headlines from our Agribusiness Topic Page, ordered by recency.
Africa Re Joins World Bank’s IFC to Build Crop Insurance Market for Nigeria’s Farmers
Mar 29 2019 // The International Finance Corp. (IFC), a member of the World Bank Group, announced it has signed an agreement with Africa Re, the pan-African reinsurance company, to help small holder Nigerian farmers more easily access...
California Commissioner Yet to Move on Petition from Climate Activists for More Insurer Regs
Mar 28 2019 // Nobody’s saying much as California Insurance Commissioner Ricardo Lara considers how he will respond to a petition submitted by climate change activists urging him to place new regulations on insurers to disclose...
Report: Farm Income Continues to Drop in Minnesota
Mar 27 2019 // A report finds Minnesota farm income continues to drop and hit a new low last year. University of Minnesota Extension and Minnesota State tracked the past 23 years of data and found after adjusting for information,...
In ‘Trump Country’ Farm Belt, Flooding Woes Add to Trade War Stress
Mar 26 2019 // Nebraska grain farmer Ryan Ueberrhein was barely breaking even after the U.S.-China trade war pushed prices for his soybean crop to a decade low. Then the nearby Elkhorn River burst its banks as flooding swept across the...
Governor Signs South Dakota Law That Targets Labeling of ‘Fake Meat’
Mar 26 2019 // Gov. Kristi Noem has signed legislation that requires “fake meat” products to be correctly labeled, hoping to reduce the impact of lab-cultured products on the local beef market. A product is misbranded if it...
Arkansas ‘Truth in Labeling’ Bill Signed by Governor
Mar 22 2019 // Food manufacturers will soon have to comply with “truth in labeling” legislation that aims to protect Arkansas’ meat and rice producers from outlets who, the bill’s sponsor says, mislead consumers...
Missouri, Kansas Residents Rush to Fill Sandbags as Floodwaters Move Downstream
Mar 22 2019 // Floodwaters that devastated swaths of Nebraska and Iowa rolled downstream on Thursday, swamping more Midwestern farmland as waterfront communities in Missouri and Kansas hurried to shore up strained levees. Flooding of the...
Most of Country at Risk for Major Flooding This Spring
Mar 22 2019 // The deluge that devastated so much of the Midwest over the last week could be a preview for one of the worst years for flooding in the U.S., according to federal weather officials. Now flooding is occurring at St. Joseph,...
Conservation, CarFax-Like Disclosure, Means-Test in Mix of Flood Insurance Reforms
Mar 21 2019 // The federal flood insurance program has a knack for inspiring ideas from reformers across the political spectrum on how to improve government. If some of today’s reformers get their way, flood insurance will become a...
‘Devastation Is Everywhere’ in Flooded Communities Along Missouri River
Mar 20 2019 // A string of small Missouri towns prepared for the next deluge along the raging Missouri River on Wednesday after flooding wreaked nearly $1.5 billion in damage in Nebraska, killing at least four people and leaving another...
Farm Bureau: Flooding-Related Ag Losses in Nebraska Nearing $1B
Mar 20 2019 // The Nebraska Farm Bureau president says farm and ranch losses to the devastating flooding could reach $1 billion in the state. President Steve Nelson estimates $400 million on crop losses because of crops that will be...
Washington Blizzard Killed 1,850 Cows, Yakima Farmers Reeling
Mar 20 2019 // The unexpected blizzard that swept through the Yakima Valley on Feb. 9 was just one more clobbering for the region’s dairy farms. The number of dairy farms in the state has plummeted from 2,500 in 1993 to 377 in...
Regulators Wonder If One Farm’s Tainted Milk Is Isolated Case or Broader Problem
Mar 20 2019 // For Maine dairy farmer Fred Stone, the discovery in 2016 that his cows were producing tainted milk has since brought financial ruin and threatened to shut down a century-old family business. Now state regulators and health...
Wisconsin Salmonella Cases Prompt Recall of Butterball Ground Turkey
Mar 19 2019 // Butterball LLC issued a voluntarily recall of more than 78,000 pounds (35,400 kilograms) of raw ground turkey products nationwide as Wisconsin health officials investigate four salmonella cases in the state. The U.S....
More Rain Forecast as Midwest, Great Plains Continue to Deal With River Flooding
Mar 19 2019 // The Great Plains and Midwest, struggling with flooding that inundated roads and farms and pushed rivers to record heights, is set to get more rain ahead, with light showers forecast over the next few days and a heavier...
Hanson Insurance Group Acquires Assets of KMI Insurance in Oregon
Mar 15 2019 // Hanson Insurance Group of Corvallis has acquired KMI Insurance LLC of McMinnville, Ore. KMI will be merging into the Hanson Insurance Group name. Kelly McDonald of KMI Insurance will continue to serve as an advisor to his...
Ratings of Louisiana Farm Bureau Mutual Insurance Upgraded
Mar 15 2019 // AM Best has upgraded the Financial Strength Rating to A (Excellent) from A- (Excellent) and the Long-Term Issuer Credit Rating to “a” from “a-” of Louisiana Farm Bureau Mutual Insurance Co....
AM Best Revises Outlooks for Virginia Farm Bureau Mutual Insurance Company
Mar 14 2019 // AM Best has revised the outlooks to positive from stable and affirmed the financial strength rating of A- (excellent) and the long-term issuer credit rating of “a-” for the members of the Virginia Farm Bureau...
Trump Budget Would Cut Crop Insurance Subsidies
Mar 13 2019 // President Donald Trump’s “I LOVE YOU!” tweet to farmers is facing another challenge: Budget cuts that will slash subsidies for crop insurance and small growers. Trump’s 2020 budget, released Monday,...
Minnesota Governor: Collapsing Dairy Barns Threaten State’s Economy
Mar 12 2019 // Minnesota Gov. Tim Walz says dairy barns collapsing due to heavy snowfall are threatening the state’s economy. Walz and Sen. Tina Smith met with dairy farmers near Altura in southeastern Minnesota on Saturday. Dozens...
