Latest Agribusiness Headlines
All the headlines from our Agribusiness Topic Page, ordered by recency.
Hudson Crop Launches Total Revenue Coverage
Aug 26 2015 // Hudson Insurance Co. has added Total Revenue Coverage (TRC) to Hudson Crop’s suite of private products. TRC is a supplemental insurance policy to multi-peril crop insurance (MPCI) that offers farmers a single, firm,...
Farmers’ Almanac Predicts Harsh Winter for Northeast in 2016
Aug 25 2015 // It’s not what Bostonians want to hear: The Farmer’s Almanac says another rough winter is in your stars. A year after Boston was pummeled with the snowiest winter on record, editors of the Maine-based...
Feds Urged to Establish Crop Insurance for Central N.Y. Malt Barley Farmers
Aug 24 2015 // U.S. Sen. Charles Schumer, D–N.Y., is calling on the U.S. Department of Agriculture (USDA) to establish a crop insurance program for Central New York farmers who grow malt barley. Speaking at the Empire Farmstead Brewery...
Agritourism Growth in Northeast Raises Concerns Over Safety, Liability
Aug 18 2015 // As more farms open themselves up to visitors for apple picking, hay rides and some extra income, experts are advising owners to take steps to prevent accidents — be they small or fatal. Farming is one of the more...
Insurance Claims for Unplanted Crops Jump 48%
Aug 18 2015 // Insurance claims filed by U.S. farmers for crops they couldn’t plant have jumped 48 percent this year, government data show, the latest indication of how adverse weather is curbing production of corn and other...
High Beef Prices Fuel Rustling Revival in Texas, Plains States
Aug 17 2015 // Doug Hutchison wears a badge and carries a gun but his most effective weapon in the pursuit of livestock thieves in the nation’s largest cattle-producing territory may be his smartphone. With it, Hutchison, one of 30...
South Carolina Approves Rate Changes to State Workers’ Comp Plan
Aug 17 2015 // South Carolina Insurance Director Raymond Farmer approved an overall revision of +1.9 percent to the state’s voluntary workers’ compensation policy loss costs and a decrease of .3 percent in the assigned risk...
Wisconsin Ginseng Losses Lead to Disaster Designation Request
Aug 13 2015 // Gov. Scott Walker is seeking a federal disaster designation for three Wisconsin counties where farmers lost nearly a third of their ginseng crop this spring. Walker’s office asked U.S. Department of Agriculture...
Wells Fargo Considers Selling Crop Insurance Unit
Aug 12 2015 // Wells Fargo & Co may divest its crop insurance business, one of the biggest in the United States, a spokeswoman told Reuters on Tuesday, as regulatory restrictions on U.S. banks force some to reconsider underwriting...
Typhoon Soudelor Hits Taiwan and China with Rains, Floods & Wind: AIR Report
Aug 11 2015 // A report from catastrophe modeling firm AIR Worldwide, states: “Typhoon Soudelor has weakened over eastern China after making landfalls in Saipan, Taiwan, and China. The storm made landfall in Taiwan at 21:00 UTC on...
Midwest Headed for Economic Slowdown, July Survey Suggests
Aug 4 2015 // Slumping numbers in a July survey suggest there will be slow to no economic growth over the next three to six months in nine Midwest and Plains states, according to a report issued Aug. 3. The overall Mid-America Business...
Some Crops Falter in Record Midwest Rains
Aug 3 2015 // Weeks of record rainfalls drenched Don Lamb’s cornfields this summer, drowning some plants and leaving others yellowed, 2 feet tall and capable of producing little, if any, grain. The 48-year-old central Indiana...
Winter Wheat Crop Insurance Offered to All South Dakota Farmers
Aug 3 2015 // Ag producers across South Dakota will now be able to insure their winter wheat crop for 2016. State Agriculture Secretary Lucas Lentsch says the U.S. Department of Agriculture recently decided to expand crop insurance...
OneBeacon Sells Crop Agency to Amtrust, Exits Crop Insurance Market
Aug 3 2015 // OneBeacon Insurance Group is exiting the crop insurance business. The Bermuda-domiciled insurance holding company made it official with the sale of its exclusive managing general agency – Climate Crop Insurance Agency...
Negotiators Fail to Reach Pacific Trade Pact; More Talks Expected
Aug 3 2015 // High-level negotiations in Hawaii on a trade agreement in the Pacific Rim wrapped up without a final deal as disagreements over dairy and vehicle policies trumped progress in other areas. The dialogue may resume within...
15 Montana Counties Offered Federal Disaster Aid
Aug 3 2015 // Ranchers in 15 Montana counties can start getting federal aid to recover losses from this year’s drought. Bruce Nelson of the Montana Farm Service Agency says the ranches affected by the drought are now eligible for...
USDA Expects to Pay Farmers $191M for Bird Flu Losses
Jul 30 2015 // The federal government expects to spend $191 million to pay chicken and turkey farmers for birds lost to avian flu. U.S. Secretary of Agriculture Tom Vilsack says that’s in addition to the nearly $400 million spent...
ACE Names North America Management Team for New Chubb
Jul 28 2015 // ACE Limited, which announced plans to acquire Chubb for $28 billion earlier this month, has designated a post-merger leadership team for the North American Insurance operations of the combined company. The North America...
Tech Firms Collaborating to Make Drone Air Traffic Safe
Jul 28 2015 // Google Inc., the company that brought order to the Internet, has set its sights on doing the same for the flocks of commercial drones expected to someday clog the skies. The search-engine pioneer is joining some of the...
India PM Modi Plans Expansion of Farmer Insurance before India State Elections
Jul 28 2015 // Indian Prime Minister Narendra Modi is planning to give farmers comprehensive insurance coverage as he looks to win state elections in largely rural areas. The government will start the new insurance program in the winter...
