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Revenue Insurance: Covering Yield and Price Risks. Basic Requirements from an Insurance perspective

Managing price risk with crop revenue insurance has attracted much attention in recent years, with only two successful schemes (USA and Canada) indicating the factors most critical for success: ample regional yield-price information, effective ways of price discovery and most importantly extensive public support, both for regulation and finances.

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Last publications
Press release of the companies
Ukraine - 2014 International Conference on Agricultural Insurance, Reinsurance and Brokerage in CIS, Europe & Asia - Dates and Place are set, registration is open
Global Agricultural Insurance Congress in Vienna: New Responses to Climate Change
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Agribussines insurance
Developing Successful and Sustainable Agricultural Insurance Programs
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International practice
The Evolution of Risk Management in Aquaculture: The Case of Insurance
Risk Management for Smallholders in Aquaculture: The Work of Aquaculture without Frontiers
Risk Management in Aquaculture: Case Study of Haiti
The contribution of remote sensing tools to risk management in aquaculture
Risk in Aquaculture: The Rise & Demise of a South African Commercial Shrimp Farm
Aquaculture and Risk: a development perspective
Risk Management for Aquaculture through GLOBALG.A.P. Certification
Reducing Risks and Maximizing Benefits of Aquaculture NACAs Role
Current actions and strategies in tropical Latin America for prevention of infectious disease risks in aquaculture
Disease Management in Aquaculture
Agricultural Insurance Schemes in EU
Agricultural crop insurance in Poland (2010)
Development and Perspectives of Multiple Risk Insurance in Italy
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Risk management
Endangered forests - Google has released the world forests map: Global Forest Watch
USA - Preventing trich vital for cattle ranchers
Risk management with agricultural insurances
Use of the automatic weather stations for agricultural risks management by insurance companies
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News line
FAO urges countries to combat banana disease

The Food and Agriculture Organization of the United Nations (FAO) is urging countries to step up their monitoring, reporting and prevention of one of the worlds most destructive banana diseases, Fusarium wilt TR4, which recently spread from Asia to Africa and the Middle East. 

 The disease, also known as Panama disease, has the potential to spread to Latin America and poses a serious threat to the global production and export of the fruit. 

USA - Cold temps in April could hurt peach crop in Porter

Just a matter of a few degrees can make or break the peach crop in Porter. But theyre taking to the sky in hopes they can prevent any damage these temperatures could leave behind. Farmers say 28 degrees would just cause some minor damage to about 10 percent of the crop but, if it was to drop to 25 that might kill 90 percent of the peaches. That could kill a lot of their profit.
USA - Cold could damage wheat

The overnight freeze could have a significant impact on Oklahomas wheat crop, which already is suffering from the prolonged drought. The western half of the state the main wheat-producing area was in a hard freeze warning issued by National Weather Service from 1 to 9 a.m. today. What damage is suffered by the crop from the freeze probably wont be apparent for another week to 10 days. The freeze also could have an impact on canola, another major crop in northwest Oklahoma.
Australia - Growers suffer effects of Cyclone Ita

Northern Queensland is clearing up after Cyclone Ita brought winds of up to 230km/h (140mph) to north-eastern Australia. It is the strongest storm to hit since Cyclone Yasi, which struck in 2011. Previously classed as a category-five storm, Ita was later downgraded by the BOM to category one. Insurance companies are already expecting damage bill claims from Cyclone Ita could reach $1 billion in North Queensland after it ravaged sugarcane and banana plantations over the weekend.
China to boost crop insurance

China will intensify its efforts to promote crop insurance, with insured farm produce to cover 60 percent of the country's cultivated land by 2020. The country will improve its crop insurance mechanism, especially services for the animal husbandry and planting sector, in a bid to guarantee food security. Insurers will be encouraged to cover farm produce prices, rural houses and infrastructure. The bureau is also mulling subsidies for insurers to promote agriculture-related business.
Australia - Cyclone Ita caused minimal banana crop losses

The Australian Banana Growers Council (ABGC) has reported industry-wide crop losses of around 5% across North Queenslands banana plantations, as the first preliminary estimate after Cyclone Ita passed through Innisfail and Tully on Sunday morning. While the average stood at approximately 5%, some farms had registered more serious crop losses. There had been reports of minor losses of up to 10% cross the Tully growing region, and little damage further north at Innisfail and west of Cairns on the Atherton Tablelands.
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Free Purdue Webinar: 2014 Crop Insurance Decisions

On March 6, at 2:00 p.m. Eastern free webinar hosted by Purdues Center for Commercial Agriculture 2014 Crop Insurance Decisions will be held. Purdue Economists Roman Keeney, Michael Langemeier and Jim Mintert will lead the webinar and review the 2014 crop insurance decisions faced by Midwest corn and soybean producers. Experts will provide insight regarding how to choose coverage that best fits your farming operation. They will also provide a brief overview of the new Farm Bill, focusing on the new Price Loss Coverage (PLC) and Agriculture Risk Coverage (ARC) that will be available in the future.

New cover crop termination policy

The National Center for Appropriate Technology (NCAT) and the National Sustainable Agriculture Coalition (NSAC) will host an important national webinar on Jan. 23, to discuss the U.S. Department of Agriculture's (USDA) recent efforts to assure greater uniformity and clarity on its policy related to farmers who currently grow cover crops or may grow them in the future. The webinar is primarily geared toward providing answers to questions from farmers and farm organizations, but participation is open to all, including certified crop advisors, crop insurance agents, and others.

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Risk events
Ukraine - Farmers are willing to insure overgrown canola

Currently Ukrainian insurance companies are actively insuring winter crops. Contracts are signed mainly for wintering period until spring. In Western Ukraine experts visited fields of potential clients. At some fields canola is overgrown and such crop has minimal chances to survive winter. Pictures
Ukraine - Drought at the East of Ukraine, winter wheat suffers

Experts conducted surveys of winter wheat at the East of Ukraine. They established impact of drought. The soil does not have the sufficient amount of moisture which can be the reason of crop kill.
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