Malaysia - Crop insurance as part of food security push

08.08.2022 314 views

Malaysia will offer government-backed insurance plans to help compensate farmers for losses after natural disasters, as part of measures to strengthen food security.

The Agro-Food Takaful Insurance Scheme will be launched through the Ministry of Agriculture and Food Industries and will initially be offered to the nation’s 189,500 rice farmers, Prime Minister Ismail Sabri Yaakob said.

The insurance cover will be expanded in stages to sectors including fisheries and other sub-sectors of the food industry, he said at the launch of the 2022 Malaysian Agriculture, Horticulture and Agro Tourism Exhibition on Saturday.

Malaysia, a net food importer, is taking steps to enhance domestic supplies of grains and poultry as nations around the world battle rising food costs amid disruptions caused by Russia’s invasion of Ukraine. Malaysia remains among countries without crop insurance unlike neighbors including China and Indonesia, state news agency Bernama reported in July, citing Agriculture Minister Ronald Kiandee.

Source - https://www.bloomberg.com

05.10.2022

Australia - Farmers brace for ‘wet drought’ as rain threatens major crop loss

Farmers across eastern Australia are preparing for the possibility of a “wet drought” and major crop losses as parts of New South Wales and southern Queensland brace for more wet weather and flash flooding.

05.10.2022

Palestine - Gaza date harvest not very plentiful

In Gaza, the harvest season of dates starts in late September and lasts until the end of October. The area has about 12,000 dunams (1,200 ha) of agricultural land for palm trees. According to the Agriculture Ministry, about 8,500 dunams are fruitful while the rest are currently unproductive.

05.10.2022

Spain - Climate change could make tropical fruits industry unfeasible

Andalucia in southern Spain is home to Europe's largest avocado plantations. These fruits are sought after, but they require special care. Each kilogram of fruit needs 800 liters of water.

05.10.2022

Australia - La Niña to increase number of cyclones, flooding rains across north

The Australian Bureau of Meteorology is warning residents in the north of the country to be on alert for a greater possibility of cyclones developing and potential flooding in coming months, as the region enters its third La Niña wet season in a row.

05.10.2022

USA - Ian's remnants across the region, damage cotton crop

The remnants of Hurricane Ian had minimal impact on Perquimans County during the storm’s passing over the region Friday night. The storm’s strong winds — wind gusts reached 35 mph — did spur power outages and block roadways with downed tree limbs.

05.10.2022

Pakistan - Floods destroy 70pc kharif crops, inflict Rs350bn loss

The Sindh Abadgar Board (SAB) has sought 50 per cent fertiliser subsidy for upcoming rabi and kharif crops, claiming that recent monsoon rains and flash floods had destroyed almost 70pc of kharif crops in Sindh which was ready to be harvested and inflicted estimated loss of Rs350 billion to farmers, livestock farm owners.

05.10.2022

Canada - Fiona delivers battering blow to Island agricultural industry

Collapsed barns, flattened crops and a harvest that will be impaired by both the impacts of heavy rain and downed trees in fields. That is the legacy Post Tropical Cyclone Fiona left to agriculture producers in PEI when it passed through the province with the force of a category 2 hurricane.

05.10.2022

India - 33% crop insurance claims pending under PMFBY

Three general insurance companies are yet to give ₹446.52 crore, or about 33 per cent, of the estimated claim of ₹1,363.2 crore under the Pradhan Mantri Fasal Bima Yojana (PMFBY) to the farmers in Odisha till mid-September, according to a state government review.