Latest Agribusiness Headlines
All the headlines from our Agribusiness Topic Page, ordered by recency.
North Dakota Man Charged with Crop Insurance Scam Wants Conviction Excluded
Nov 26 2014 // One of two brothers accused of scamming the government out of $2 million in crop insurance payments says a previous conviction should not be allowed as evidence in his trial. Aaron Johnson, 50, and Derek Johnson, 47, who...
Turkey, Chicken Farms Recognized with Safety Awards
Nov 26 2014 // Ninety-six chicken and turkey facilities across the country have been recognized for achieving outstanding safety performance through the implementation of employee safety and health programs. The Joint Industry Safety and...
Outlook Revised to Positive for Farmers Union Mutual Insurance Co.
Nov 25 2014 // A.M. Best has revised the outlook to positive from stable and affirmed the issuer credit rating (ICR) of “a” for Farmers Union Mutual Insurance Company (FUMI) in Jamestown, N.D. Concurrently, A.M. Best has also...
Farm Bill Costs Soar Despite Great Harvest
Nov 20 2014 // U.S. farmers are about to reap a bumper harvest not just in corn and soybeans but also in new subsidies that could soar to $10 billion, blowing a hole in the government’s promise that its new five-year farm bill...
Crop Of Climate Corps May Bloom in Ag Insurance Landscape
Nov 13 2014 // You can still shake your climate moneymaker. Climate change certainly didn’t carry the day in the November elections. It shouldn’t be news to anyone that the topic ushered in few if any victories for those who...
Monsanto Settles Farmer Suits Over Oregon Experimental GMO Wheat
Nov 13 2014 // Monsanto Co. said on Wednesday it reached a settlement with U.S. wheat farmers who sued the seed company over market disruption after unapproved genetically engineered wheat was discovered growing without oversight in...
Dry Conditions Shouldn’t Impact Hawaii Coffee Crops
Nov 11 2014 // A new forecast says Hawaii’s Big Island can expect below-average rainfall this winter. But it’s not likely to experience severe drought. The National Weather Service says there is a 55- to 60 percent chance of...
Meteorologists Watch for Signs of El Nino in Warmer Pacific Ocean
Nov 5 2014 // Weather conditions similar to El Nino will continue amid warming of the Pacific Ocean as thresholds for the event that brings drought to Asia and heavier-than-usual rains to South America may be reached by early next...
South Carolina Approves CAT Models, Weighs Building Public Model
Nov 4 2014 // South Carolina regulators have approved seven private catastrophe models for use in ratemaking while conducting a legislatively mandated study on the feasibility of constructing a public model. South Carolina Insurance...
South Carolina Approves CAT Models, Weighs Building Public Model
Nov 3 2014 // South Carolina regulators have approved seven private catastrophe models for use in ratemaking while conducting a legislatively mandated study on the feasibility of constructing a public model. South Carolina Insurance...
California Drought Bad Tidings for Rice Harvest
Oct 30 2014 // California’s deepening drought is shrinking its rice harvest, and that’s bad news for farmers, migratory birds and sushi lovers. The $5 billion industry exports rice to more than 100 countries and specializes...
Minnesota Farmers Awarded $6.3M in Suit Against Utility
Oct 28 2014 // A judge in Minnesota’s Cass County has awarded $6.3 million to a couple whose milk cows were injured or killed by stray voltage on their dairy farm from a Brainerd utility company. KTTC-TV reports the judge awarded...
Republican Atwater Expected to Easily Retain Florida CFO Seat
Oct 28 2014 // The races for two of Florida’s most important offices, state agriculture commissioner and chief financial officer, both pit incumbent Republicans with big campaign coffers against little-known Democrats who...
Weak El Nino May Form in Warmer-Than-Normal Pacific
Oct 24 2014 // A weak El Nino will probably develop by the year-end, according to MDA Weather Services. While sea-surface temperatures are warmer than normal across most areas in the tropical Pacific ocean, it still doesn’t qualify...
Former Claims Adjuster Must Repay Farm Bureau $20K in Kansas Fraud Case
Oct 23 2014 // A former insurance adjuster was sentenced to probation and ordered to pay $20,000 in restitution for insurance fraud involving wrecked vehicles, according to an announcement by the Kansas Insurance Department. The Ford...
Minnesota Seeing More, Costlier Farm Equipment Accidents
Oct 23 2014 // Increasingly large farm machinery is causing more costly and potentially dangerous collisions with power lines and poles, rural Minnesota electric co-ops say. More than 2,000 customers of Federated Rural Electric, based in...
Texas Cotton Farmers Say Farm Bill Provision Saves Crop Insurance
Oct 23 2014 // Texas cotton producers say they are pleased to learn the U.S. Department of Agriculture has reconsidered its decision about implementing a provision of the farm bill. The department’s announcement means its Risk...
New Crop Insurance Program to Benefit Small Ag Producers in North Dakota
Oct 21 2014 // Small farmers and ranchers in North Dakota who once were unable to insure their crops will get a chance to do so in 2015 under a new insurance program. Small and mid-size producers will be able to insure all of their...
With $100M in Crop Losses USDA Grants Eight Idaho Counties Disaster Status
Oct 20 2014 // The U.S. Department of Agriculture has granted disaster area status to eight counties in central and eastern Idaho, clearing the way for farms to receive low-interest loans for operating costs. USDA Secretary Tom Vilsack...
Global Indemnity to Acquire American Reliable from Assurant Specialty
Oct 17 2014 // Assurant Specialty Property, a business segment of Assurant Inc., has agreed to sell its general agency business and associated insurance carrier, American Reliable Insurance Co., to Global Indemnity Group Inc., the U.S....
