This paper addresses the U.S. public-private partnership for crop insurance and its recent performance and future prospects, including possible public policy issues. Key challenges are the intersection of insurance with other farm programs, concerns over program costs and private company returns, and funding issues related to the large U.S. Federal budget deficit. The paper concludes with a brief discussion of World Trade Organization (WTO) disciplines for crop insurance and their implications for the growth of insurance solutions for agricultural risk management. Publication >>>
30.07.2010 Canada - Saskatchewan crop report Saskatchewan's crop report for the week ending July 26 says producers have 66 per cent of the hay crop cut and 38 per cent baled or put into silage. Quality is rated as 19 per cent excellent, 58 per cent good and 10 per cent fair. Haying has progressed furthest in the south, where 73 per cent of the crop has been cut and 47 per cent baled or put into silage. Haying is progressing slowly due to high humidity but relatively clear weather during the past week has allowed producers to make up some lost time.
30.07.2010 Nutrient-rich algae from Chad could help fight malnutrition nutrient-rich indigenous produce holds out the hope of a better life for the impoverished women who harvest it on the edges of Lake Chad, and may also one day make a contribution to fighting malnutrition. Under a $1.4 million project funded by the European Union and run by FAO the women are gathering and processing increasing quantities of a remarkable produce known locally as Dihé, a variety of the blue-green algae called Spirulina. Dihé is a rich source of protein, iron and betacarotene and can enhance the nutritional value of diets that are poor in these nutrients.
30.07.2010 USA - Three more Plead Guilty in Crop Insurance Scheme United States Attorney George E.B. Holding announced that in federal court yesterday three defendants pled guilty in the on-going crop insurance fraud investigation. DONALD KEITH DAVIS, 53, of Sharpsburg, North Carolina, and ROBERT SAMMY TANT, 60, of Rocky Mount, North Carolina, each pled to one count of conspiring to make false statements, to make material false statements, to commit mail and wire fraud, and to structure transaction
30.07.2010 Bangladesh - Crop insurance scheme The government has decided to launch agricultural insurance through a pilot project in four upazilas to assist small and medium farmers to recover financially from crop failure due to natural disasters. The concerned department of the Finance Ministry has already prepared the concept paper for introducing agricultural insurance while its details about the rate of the premium are being worked out along with time-frame to make it effective for the four upazila areas.
30.07.2010 Punjab to allow amendments in crop damage relief norms The Punjab Government on Thursday approved amendment of instructions on relief to farmers for crop losses due to incessant and torrential rains. The decision was taken at a meeting of the State Cabinet. Many areas in Punjab including Patiala and Mansa districts were swamped by the recent floods. "It was mandatory to amend these instructions in view of the loss caused to a farmer which varied from Rs 13,000 to Rs 28,000 per acre
30.07.2010 Farm losses from heavy rain in southern Taiwan hit NT$6.7 million Central and southern Taiwan suffered NT$6.7 million in agricultural damage caused by torrential rain since July 26. Crop losses in Yunlin, Chiayi, Tainan and Kaohsiung counties were estimated at NT$6.3 million, with watermelons being the hardest hit crop. The losses on chicken farms in the four counties was an estimated NT$360,000. Some 30,000 chickens died as a result of the heavy rain.
07.06.2010 Adjusting Hail and Storm Damage on Maize seminar - September 8-10, 2010, Switzerland International Association of Agricultural Production Insurers offers a seminar on hail and storm damage on corn. The seminar is jointly organized by the association and Swiss Hail. the seminar will be conducted on September 8-10, 2010 in Egerkingen. Enrolment - by August 1, 2010. 12.04.2010 Remote Sensing Index-Based Crop Insurance Working Group meeting - August 10-11, 2010, USA The 2nd International Working Group On Remote Sensing Index-Based Crop Insurance will take place on August 10-11, 2010 in San Francisco, CA at the Fairmont Hotel. Practical technical issues related to implementing satellite derived index based crop insurance will be discussed.
14.07.2010 Ukraine - sunflower damaged by hail in Poltava oblast (pictures) Sunflower was damaged by hail in Poltava oblast. the crop was insured on MPCI terms. The experts surveyed the field and found minor damage. Yield drop can be insignificant. 24.06.2010 Ukraine - Insurance company Providna paid out 11700 UAH for perished winter barley in Sumy oblast Insurance company Providna paid out compensation to the farm in Sumy oblast (Konotop region) for winter barley perished. The farm experienced loss of 17 hecaters of winter barley (one field). The sum of compensation is 11 900 UAH (about 1500 USD). Crop perished because of low temperatures last winter. (pictures)
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