Latest Agribusiness Headlines
All the headlines from our Agribusiness Topic Page, ordered by recency.
Nearly 80% of Georgia Peach Crop Wiped Out by Weather
Jun 20 2017 // Georgia’s peach crop is suffering much worse than expected after an overly warm winter and a hard freeze in early spring. Agriculture Commissioner Gary Black told The Atlanta Journal-Constitution at the end of May...
Ratings of Indiana’s American Agricultural Insurance Co. Upgraded
Jun 20 2017 // A.M. Best has upgraded the financial strength rating (FSR) to A (Excellent) from A- (Excellent) and the long-term issuer credit rating (Long-Term ICR) to “a” from “a-” of American Agricultural...
In Arkansas Lawsuit, Farmers Blame Herbicide for Crop Damage
Jun 16 2017 // A group of Arkansas farmers have filed a class-action lawsuit against the makers of the herbicide dicamba that they blame for damaging their crops. The lawsuit was filed in federal court in Jonesboro, Arkansas, against...
Suspected Tornado Damages Nebraska Panhandle Town
Jun 14 2017 // Residents in a small western Nebraska town were clearing away tree and building debris Tuesday after a suspected tornado tore through the town but injured no one. The storm struck Bayard around 7:10 p.m. on June 12,...
Bates Named Vice Chair of Indiana Farmers Mutual Insurance
Jun 14 2017 // Mark Bates has been elected as vice chairman of the Indiana Farmers Mutual Insurance Co., board of directors. Bates will continue his role as chairman for the company’s governance committee. Bates, a 28-year...
Crum & Forster Pet Insurance Group Launches Companion Horse Insurance
Jun 13 2017 // Crum & Forster Pet Insurance Group has launched a new product for the equine industry that provides veterinary care insurance for companion horses – typically only available for race or performance horses. Policies...
Court Rules Neighbors Can Sue Colorado Pot Grower over Stink
Jun 9 2017 // A Colorado pot farm’s neighbor can sue them for smells and other nuisances that could harm their property values, a federal appeals court ruled. The 10th U.S. Circuit Court of Appeals ruling revives a lawsuit between...
1st Farmer Lawsuit Against Syngenta over China Trade Begins in Kansas
Jun 6 2017 // The first of tens of thousands of U.S. lawsuits went to trial on Monday in Kansas against Swiss agribusiness giant Syngenta over its decision to introduce a genetically engineered corn seed variety to the U.S. market...
Midwest Farmers Decry Trump Plans to Cut Ag Subsidies
Jun 5 2017 // Farm groups and some members of Congress from farm states are decrying proposed cuts to crop insurance and other safety net programs for farmers included in President Donald Trump’s budget. The proposed cuts come...
‘Pink Slime’ Media Liability Trial Against ABC Opens in Climate of ‘Fake News’ Claims
Jun 5 2017 // A South Dakota meat processor’s $5.7 billion defamation lawsuit against American Broadcasting Companies Inc., which opens Monday, pits big agriculture against big media, and is a first major court challenge against a...
Willis Programs Taps Allianz as Carrier for Agribusiness Programs
May 31 2017 // Willis Programs has partnered with Allianz Global Corporate & Specialty (AGCS) on coverage for its DairyProtector and FeedLotGuard programs. Allianz, a property casualty insurance carrier in the agribusiness industry,...
FCCI Adds Former Florida State Senator Carlton to Board of Directors
May 31 2017 // Former Florida State Senator Lisa Carlton has been elected to FCCI Insurance Group’s (FCCI) board of directors, effective July 1, according to the company. Carlton is the co-owner and manager of Mabry Carlton Ranch,...
NOAA Updates Forecast for Atlantic Hurricane Season, Pacific’s El NIno
May 26 2017 // The Atlantic hurricane season will likely churn out an above-average 11 to 17 named storms, in part due to fading odds than an El Nino will form in the Pacific. Of storms that emerge during the six-month season that begins...
Farmers Balk as Trump Budget Caps Crop Insurance Subsidies
May 25 2017 // U.S. farm groups on Tuesday pushed back against President Donald Trump’s proposal to slash agriculture spending, viewing it as a fresh threat to a struggling farm economy. The White House on Monday proposed $46.54...
Petplan Australasia Announces Affiliation with MS Amlin
May 22 2017 // Petplan Australasia announced that MS Amlin Syndicate 2001 of Lloyd’s will become the new underwriter of its pet insurance plans in Australia – a move that is designed to enhance policyholder benefits with broader...
Re/Insurers, Other Global Businesses Have Stake in New WHO Leader
May 19 2017 // The World Health Organization’s 194 member-states will vote for a new director-general next week, choosing a doctor to lead the planet’s top technical agency on all matters health. With a $4 billion annual...
Agricultural Flood Damage in Arkansas Estimated at $175M
May 18 2017 // Officials say the estimated impact of agricultural flood damage in Arkansas due to recent severe weather is about $175 million. The University of Arkansas System Division of Agriculture says the April flooding affected...
Oregon Radish Farmers Sue Bank For $6.7M
May 17 2017 // A group of Oregon farmers has filed a $6.7 million lawsuit against a bank for allegedly interfering with sales of radish seed and thus causing its value to decrease. The Capital Press reported the Radish Seed...
Eastern Wisconsin Farmers Experience Significant Alfalfa Losses
May 16 2017 // Unusual seasonal weather variations have made it tough on alfalfa crops in some parts of Wisconsin. A warmer-than-usual winter and a cold wet spring have caused a significant portion of the alfalfa crop to fail in...
South Carolina Insurance Director Farmer Elected as NAIC Secretary-Treasurer
May 15 2017 // South Carolina Insurance Director Ray Farmer was elected to fill the position of secretary-treasurer of the National Association of Insurance Commissioners During a Plenary meeting by members, effective immediately. Farmer...
