Latest Agribusiness Headlines
All the headlines from our Agribusiness Topic Page, ordered by recency.
S&P Advises Floods Could Lead to Ratings Actions on Midwest-Focused Insurers
Jul 11 2008 // Standard & Poor’s Ratings Services said it does not expect the 2008 Midwest floods to impact ratings or outlooks for the majority of companies that it rates. However, property/casualty writers that are...
Agriculture Secretary Visits Neb. Meat Plants, Says U.S. Beef Generally Safe
Jul 10 2008 // The U.S. agriculture secretary expressed confidence in the nation’s food safety system, but said the meat processing industry will always face challenges because the bacteria that animals carry evolves. “I...
World Trade Organization Mediators Report Progress in Negotiations
Jul 10 2008 // World Trade Organization mediators in Geneva put the final touches to new negotiating texts on Thursday that will serve as the blueprint for an outline deal in the WTO’s long-running Doha round, trade officials...
Cambridge General Agency Releases Farm and Ranch Program in California
Jul 10 2008 // Cambridge General has revised its farm and ranch program. This comprehenisve program is designed to provide coverage for the following broad array of farming operations, including: -Aqua-culture operations including...
Indiana: Low Interest State Loans Offered to Farmers with Crop Damage
Jul 9 2008 // Indiana will use $50 million in state funds to help farmers get low-interest loans _ money they can use along with federal funds to restore their flood-damaged fields. The plan announced on July 2 would give banks...
European Union, India Support Including Insurance in World Trade Deal
Jul 8 2008 // The European Union and India said on Monday they were committed to a world trade deal that takes account of services as well as agriculture and industrial goods. A joint statement issued after Indian Trade Minister Kamal...
Flooded Midwest’s Impact Could Be Felt at Dinner
Jul 7 2008 // Producers might benefit from the $3.8 billion disaster fund that is part of the 2008 farm law. Farmers must have crop insurance to qualify for the program. We have all watched with utter dismay and compassion as Midwest...
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...
