Latest Agribusiness Headlines
All the headlines from our Agribusiness Topic Page, ordered by recency.
MS Amlin AG Enters Agriculture Reinsurance Market, Hiring Bektleuov From PartnerRe
Sep 29 2021 // MS Amlin AG (MS AAG), the global reinsurer, announced its entry into the agriculture reinsurance market with the hire of Rinat Bektleuov as product group lead underwriter. Bektleuov joined the business in August 2021 and...
AgCenter: Ida Damage to Louisiana Agriculture at Least $584M
Sep 27 2021 // Hurricane Ida’s winds and floods did at least $584 million in damage to agriculture in Louisiana, experts at the LSU AgCenter estimate. More than half of that — $315.9 million — is timber damage, with another...
3 South Dakota Family Members Sentenced for Defrauding Farmers
Sep 23 2021 // Three members of a South Dakota family accused of bilking millions from farmers due to risky speculation in the grain business have been sentenced to time behind bars. Jared Steffensen and his wife, Tami Steffensen,...
Arthur J. Gallagher Acquires Files Agribusiness in Louisiana
Sep 21 2021 // Arthur J. Gallagher & Co. acquired Bastrop, La.-based Files Agribusiness LLC, retail insurance agency specializing in federal crop insurance, agribusiness property/casualty and agricultural aviation coverages. Terms of...
Cybersecurity Incident Knocks Iowa Farm Services Firm’s Systems Offline
Sep 21 2021 // Iowa-based farm services provider NEW Cooperative Inc. said its systems were offline to contain a “cybersecurity” incident just as the U.S. farm belt gears up for harvest. The cooperative operates grain storage...
Wisconsin Agribusiness Sued for Harassment, Discrimination, Retaliation
Sep 17 2021 // Wisconsin’s largest ginseng producer is facing a federal lawsuit charging the company with subjecting female workers to hostile work environment and firing them for resisting, and for discriminating against employees...
Tyson, Perdue to Pay $35M to Settle Chicken Farmers’ Price Fixing Suit
Sep 7 2021 // Two of the industry’s biggest poultry companies have agreed to pay nearly $35 million to settle a lawsuit that accused them and several other firms of conspiring to dominate the industry and fix the prices paid to...
USDA: New Insurance Option Available to ‘Conservation-Minded’ Corn Farmers
Sep 3 2021 // Conservation-minded corn farmers who “split apply” nitrogen will soon have another option for insurance coverage, the U.S. Department of Agriculture (USDA) says. Beginning in crop year 2022, the Risk Management...
Michigan Dairy Processor Sued for Disability Discrimination
Sep 3 2021 // Federal employment officials charged a dairy processor for allegedly firing an employee rather than accommodate her disability at a Michigan facility. The U.S. Equal Employment Opportunity Commission (EEOC) cited Agropur...
Northeastern Iowa Tornado, Storms Damage Buildings, Crops
Aug 30 2021 // Officials in northeastern Iowa say a tornado caused significant damage, especially in the small town of Marble Rock. KCRG-TV reports that emergency management officials cited power lines and trees knocked over after a...
Insurtech Blue Marble Launches Weather-Index Crop Insurance for Pakistani Farmers
Aug 18 2021 // Blue Marble, a London-based insurtech that offers affordable insurance protection for low-income families and small businesses in emerging markets, has launched a weather-index insurance-pilot program for smallholder...
Forecast: Smaller Corn Crop Expected in Kansas
Aug 16 2021 // Kansas farmers are expected to harvest a smaller corn crop this season, according to a forecast released Aug. 12. The National Agricultural Statistics Service said in its monthly production report that the state is...
Washington Farm to Pay More Than $2M Following COVID Deaths
Aug 16 2021 // The state of Washington reached a settlement with Gebbers Farms Operations LP to spend more than $2 million improving housing, quality of life, safety and access to health care for farm employees and their families. The...
Drought Devastates Washington State’s Wheat Crop
Aug 13 2021 // The wheat harvest on Marci Green’s farm doesn’t usually begin until late August, but a severe drought stunted this year’s crop and her crews finished harvesting last week because she didn’t want...
Tyson Farms Agrees to $3M Settlement for Causing 2019 Alabama Fish Kill
Aug 13 2021 // A $3 million settlement has been reached with Tyson Farms, Inc. over a 2019 wastewater spill that killed an estimated 175,000 fish _ one of the largest recorded fish kills in Alabama history, Attorney General Steve...
Overheated, Underprotected: Climate Change Is Killing U.S. Farm Laborers
Aug 13 2021 // Florencio Gueta Vargas showed up for his usual shift at a hops farm in Toppenish, Washington, on Thursday, July 29. The father of six would never make it home. It was a sweltering day with temperatures topping 100 degrees...
Connecticut Seeks Disaster Declaration for Crop Damage
Aug 11 2021 // Connecticut Governor Ned Lamont announced he is seeking a disaster declaration from the U.S. Department of Agriculture to help farmers whose crops were damaged by heavy rains and wind from last month’s tropical...
Contract Worker at Georgia Perdue Farms Plant Fatally Electrocuted
Aug 11 2021 // A contract worker at a chicken processing plant in Georgia died after he was electrocuted while cleaning at the Perdue Farms facility, officials said. The Macon Telegraph reported that 23-year-old Antonio Ramirez was found...
Crop-Dusting Plane Crashes in Yard of Northeastern Ohio Home
Aug 6 2021 // A crop-dusting plane struck some power lines and trees before it crashed in the front yard of a northeastern Ohio home, leaving the pilot with minor injuries. The crash in Wooster occurred around 10:30 a.m., as the plane...
Minnesota Governor Supports Relief for Drought-Stricken Farms
Aug 6 2021 // Gov. Tim Walz and a top state lawmakers say they will support an emergency financial relief package for farmers in Minnesota, where most of the state is in a severe or extreme drought. Walz says he would support an aid...
