Ukraine - State Budget for 2008 includes 200 million UAH (appr. 40 million USD) for crop insurance subsidies
Cabinet of Ministers of Ukraine adopted regulation #302 dated April 02, 2008 on crop insurance subsidies for 2008. With the help of this money farmers can insure approximately 8 million hectares of agricultural crops. In 2005 only 934 crop insurance contracts were purchased by farmers who insured 390 thousand hectares of crops. Unfavourable year of 2007 proved that insurance can be an effective instrument for managing weather risks. Last year crops suffered from severe drought, hail and other weather risks. In 2008 Government of Ukraine will provide subsidies for insurance of such crops as wheat, rye, barley, oats, corn, soy beens, flax, canola, sunflower, hops, sugar beet, triticale, peas, buckwheat, millet and hemp. Government will compensate to farmers 50% of the premium paid on MPCI crop insurance contracts. Premium rate should be not higher than 5% with deductible at the level of 30%. Insurance sum should be calculated on the basis of minimum purchase prices as established by the government. Premium subsidies will be paid if spring crops were insured by July 1, 2008 and winter crops insurance contracts signed by November 25, 2008. The contracts should be purchased only from the licensed insurance companies.
15.05.2008 Philippines - Butchoy destroys 116 hectares of agri land 116.2 hectares of agricultural land have been devastated by tropical storm "Butchoy". Of the total area damaged, 95 hectares were rice fields, 7 hectares were planted with corn and 14.2 hectares were planted with vegetable crops. A total of 198 farmers were affected.
15.05.2008 USA - Farmers meeting seeks dairy solution Maine Farmers are finally being heard. State, local and federal officials tried to solve what some are calling a crisis in farming. Several ideas were presented. They included an expanded state milk testing program and possibly a state-branded milk so consumers can easily identify Maine-produced milk.
15.05.2008 Poland – Income tax for farmers Civic Platform has the agreement of its coalition partner, the Polish Peasants' Party, to levy an income tax on farmers. The coalition wants a uniform retirement-tax system. One of the most difficult issues is accurately estimate farmers' incomes in order to tax them fairly.
15.05.2008 China - Facing quake impact In the last 32 years China suffered from the worst earthquake that came only months after the severest winter in 50 years and hit the country's central and southern parts and disrupted production. The ministry of finance had allocated $119 million for disaster relief.
14.05.2008 USA – Crop losses mount from April freeze In some counties in US officials estimate crop losses at nearly $60 million. Plums are at a 40% loss, walnuts 35, peaches 35, kiwi 70 and grapes 50%. The frost affected all varieties of grapes. New growth of vines may produce half a normal crop.
14.05.2008 Strawberry cultivation areas continue reducing in France The strawberry acreage will reduce 3% in 2008 in France. The most part of the strawberry cultivation areas is located in the greenhouses. The trend of the extension of the strawberry cultivation areas is preserved in Ukraine.
25.03.2008 Ukraine - Agricultural insurance seminar was conducted on March 18 for specialists of Providna insurance company. Seminar on agricultural insurance was conducted on March 18, 2008 for the specialists of insurance company Providna. Participants were trained on basics of agricultural insurance, specifics of crop and livestock insurance, principles of survey and loss adjustment. Training event was prepared by the experts of IFC Agri-insurance Development Project 27.10.2007 Global Animal Health Initiative: the Way Forward” in collaboration with the FAO at the World Bank Headquarters in Washington DC (USA), October 9, 10 and 11 2007. The World Bank and the World Organisation for Animal Health (OIE) co-organised a Conference on “Global Animal Health Initiative: the Way Forward” in collaboration with the FAO at the World Bank Headquarters in Washington DC (USA), October 9, 10 and 11 2007. 123 participants coming from international and regional organizations, representatives of governments of developing and developed countries from the five continents, and the private sector, stressed the importance and urgency of improving the governance and infrastructure worldwide in the field of veterinary zoonoses and animal diseases prevention and control mechanisms, as well as private-public partnership in the implementation of specific programs directed to animal health.
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Events
The World Bank and the World Organisation for Animal Health (OIE) co-organised a Conference on “Global Animal Health Initiative: the Way Forward” in collaboration with the FAO at the World Bank Headquarters in Washington DC (USA), October 9, 10 and 11 2007. 123 participants coming from international and regional organizations, representatives of governments of developing and developed countries from the five continents, and the private sector, stressed the importance and urgency of improving the governance and infrastructure worldwide in the field of veterinary zoonoses and animal diseases prevention and control mechanisms, as well as private-public partnership in the implementation of specific programs directed to animal health.
