08.09.2010 Indian export ban takes cotton to 15-year peak Cotton prices hit a fresh 15-year high in early trading on Tuesday after India unexpectedly extended export restrictions on the fibre.
The move by India, the world's second-largest exporter of cotton, reversed promises made by New Delhi not to ban exports just three weeks ago. Global supplies are already tight because of heavy losses in Pakistan after the worst floods in the country's history devastated the crop.
08.09.2010 US - Temperatures falling here, but damage already done by 2010 heat Corn yield down about 80 bushels per acre. Trigg County farmers of all stripes have had a rough summer due to the lack of rain and the extreme heat, although both seem to be ending. While far western Kentucky counties have experienced the most extreme heat and driest conditions this summer, the whole state has had above normal temperatures. Western Kentucky also has been abnormally dry, and other areas of the state have sections that are dry.
07.09.2010 India - A risky business called farming Thanks to the green revolution of the mid-Sixties, Indian agriculture has made rapid progress in raising the production and productivity of different crops. Foodgrain production has increased from around 60 million tonnes in early 1960s to over 210 million tonnes today. But studies show that over the years farmers have not been able even to recover the cost because of the higher risk in cultivation and the uncertainty in price.
07.09.2010 Canada - Prairie farmers on lookout for frost Wet conditions throughout the entire growing season have pushed crops back in their maturity across the Prairies, and now more rainy days have farmers unable to get on the field to harvest, greatly increasing the chance of frost damage. While there is a frost risk, Lerner said temperatures would only be around 0 C, meaning any damage to crops would be very minimal.
07.09.2010 France - Bordeaux harvest starts with Carbonnieux after 'roller-coaster' growing season Chateau Carbonnieux in Pessac Leognan is due to begin picking its Sauvignon Blanc grapes at the end of this week after a 'roller-coaster' season of highs and lows. A cold start to the growing season, and dry weather combined with cool nights in August, have meant that most vineyards are around a week behind schedule. For most properties the white grape harvest will begin next week, with the Sauvignon Blanc at Chateau Margaux on schedule for sometime between September 10 and 20.
07.09.2010 Africa - Managing risk cheaper and more efficient than reacting to disaster A decisive solution to food security is within our reach. The promise of Africa has never been more compelling. Credible numbers showing robust, sustained economic growth and more confident voices speaking authoritatively of a brighter future are gaining prominence. In an increasingly interconnected world, Africa’s ability to sustain this positive trajectory will rest on its capacity to tap into the benefits of globalisation whilst withstanding related shocks, notably the devastating impact of climate change on food security.
07.09.2010 Climate change help urged for developing nations Four associations on climate change initiatives, which represent over 100 insurers, have urged world leaders and governments to use insurance-linked products to protect developing countries against the impact of climate change. The insurance industry, including reinsurers, who distribute risk around the sector, has traditionally been the main way to hedge against hurricanes, floods and other national disasters.
07.09.2010 India - ITA cos suffer massive crop loss Tea companies under the aegis of the Indian Tea Association (ITA) have lost around four million kg of crop in North Bengal and Assam last month, according to statistics trickling in. The ITA today met heads of tea companies to discuss the situation, which had now assumed alarming proportions. "Upto August tea companies in North Bengal and Assam have lost more than 20 million kg," an ITA official said.
06.09.2010 New USDA act will help organic farmers Recently released reports by the U.S. Department of Agriculture could mark an important turning point in the acceptance of organic products in the mainstream marketplace. The USDA Agriculture Risk Management Agency said this week that farmers who grow certain organic crops should not pay a premium on their crop insurance programs.
06.09.2010 FSA Disaster Program Eligibility Requirements and Approaching Deadlines Forage, winter wheat, and barley producers interested in participating in FSA’s Non-insured Crop Disaster Program or crop insurance in 2011 have until September 30, 2010 to ensure that they meet the necessary requirements. Forage crops include most spring planted forages and pasture land forages not covered by federal crop insurance. Winter and spring plantings of wheat, barley and rye, and mint also have a September 30, 2010 deadline date.
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.
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