Agroinsurance

NEWS

UK - Potato plantings have been halted because of weather conditions

24.03.2023 139 views

Irish domestic consumption remains buoyant with the current weather. However, these conditions have put a halt to all field work and plantings. Exports continue to Portugal and Holland, with good appetite for more as stocks remain tight on the continent.

The 2023 Scheme of Investment Aid for the Seed Potato Sector and the Chipping Potato Sector is now open and will close on Friday the 14th of April.

Plantings have been halted across much of the UK because of weather conditions. Yields are described as disappointing from early indoor crops as light levels were poor.

Remaining stocks in Eastern and Southern Europe are tight and are described as at an “all time low” and export to these areas remains strong. Fresh markets are holding firm with the occasional price increase and higher volumes of new crop from Egypt and Israel are now arriving.

Source - https://www.freshplaza.com

EVENTS

BOOK THE DATE - Drought Index Insurance: Latest Insights From the Global Market

03.02.2023

Join industry experts from Planet, Swiss Re, AXA Climate and AgroInsurance International for a look into how insurers are using satellite data to build products, measure crop conditions, and utilize indices that measure specific phenomena - like soil moisture and NDVI. We’ll also cover the key results of the recent Drought Survey by Planet and AgroInsurance.

RISK EVENTS

Spain - 30% of La Palma's banana production has already been lost due to the advance of the lava

14.10.2021

More than three weeks after the Cumbre Vieja volcano erupted, the lava that continues to flow from its interior continues to devastate everything in its path, destroying houses, infrastructure, and banana plantations. The production of Platanos de Canarias is the economic engine of the island, accounting for 50% of its GDP and 30% of the jobs on the island.

Hungary - Lower apricot exports to rest of Europe due to frost damage

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26.05.2023

India - Hailstorm causes massive damage to crops in north Kashmir

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26.05.2023

USA - Local farmer worried about drought impact on crop yields

Kansas farmers are hoping for rain as summer approaches and a drought continues that could hurt crop yields. “That’s everybody’s morning prayer, don’t let the rain stop," said Jay Armstrong, a local farmer.

26.05.2023

Ukraine - Stolen fertilizer, destroyed tractors and $40B in losses

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26.05.2023

USA - Heavy rains delay planting in southern Minnesota

Several heavy rainfall events across Southern Minnesota, as well as some adjoining areas of extreme Northern Iowa, have resulted in major delays to the completion of Spring planting in 2023.

26.05.2023

How AI is transforming agriculture: precision farming and smart irrigation

Artificial intelligence (AI) is revolutionizing various industries, and agriculture is no exception. The rapid advancements in AI technology have given rise to precision farming and smart irrigation, which are transforming the way farmers cultivate their land and manage their resources.

26.05.2023

USA - Storms bring much needed rain to Texas High Plains, some crop damage

A series of storm systems has passed through the region over the past two weeks, bringing beneficial rainfall to West Texas, along with some damaging severe weather. Since May 1, Lubbock has received 2.89 inches of rain, while Amarillo has received 4.29 inches. Yearly totals are 6.15 and 3.75 inches, respectively.

26.05.2023

Canada - N.S. fruit grower says February's cold snap destroyed peach, plum, nectarine crops

Emily Lutz, the association's executive director, said peach, plum and nectarine trees were severely damaged when temperatures dropped to –25 C after what had been an unseasonably mild winter.