Latest Agribusiness Headlines
All the headlines from our Agribusiness Topic Page, ordered by recency.
Senate, House Negotiators Tackle Farm Bill, Crop Insurance
Oct 24 2013 // U.S. Senate and House negotiators, who will begin working on a compromise farm bill on Oct. 30, face a major fight over proposed deep cuts in food stamps for the poor. The leaders of the House and Senate Agriculture...
ACE Posts Record Q3 Operating Income of $857 Million; $916 Million Net
Oct 24 2013 // ACE Limited reported net income for the quarter ended September 30, 2013, of $916 million, $2.66 per share, compared with $640 million, $1.86 per share, for the same quarter last year. Operating income was $857 million,...
Blizzard-Lost Plains Cattle Will Hurt Area Economy
Oct 23 2013 // An early October blizzard that killed tens of thousands of cattle in western South Dakota will have a staggering impact on the regional economy, the head of the state Stockgrower’s Association said. The direct...
Say Cheese: EU Strikes Trade Deal with Canada; Looks to U.S.
Oct 21 2013 // The European Union and Canada agreed a multibillion-dollar trade pact on Friday that will integrate two of the world’s largest economies and pave the way for Europe to clinch an even bigger deal with the United...
High Crop Prices Turn More Midwest Grassland into Cropland
Oct 18 2013 // When cattle producer Jason Zahn aims his pickup across the gravel roads of North Dakota, he doesn’t see as many native grasses dancing along the prairie. Instead, he sees more and more black. He sees tilled dirt or...
President Obama Urges Congress Act on Farm, Crop Insurance, Food Stamps Bill
Oct 18 2013 // President Barack Obama, in a rebuke to proposals by House Republicans for steep cuts in food stamps for the poor, urged Congress on Thursday to pass a farm bill “that protects children and vulnerable adults in time...
Rural Groups Push Back on Crop Insurance Cuts
Oct 16 2013 // Rural groups say they’ll fight a proposed $100 million-a-year cut in crop insurance subsidies, a measure that has won the support of both houses of Congress and could be a test of agriculture’s influence in...
AIR Worldwide Analyzes ‘Significant Damage’ from Cyclone Phailin
Oct 16 2013 // According to catastrophe modeling firm AIR Worldwide “Very Severe Cyclonic Storm Phailin made landfall on the eastern coast of India near Gopalpur in Odisha.” AIR said it was a “large storm, with gale...
South Dakota Ranchers Reeling From Cattle Losses
Oct 15 2013 // Western South Dakota ranchers are reeling from the loss of tens of thousands of cattle in the recent early blizzard, and many will be disposing of carcasses in pits that were set to open Oct. 14. Rancher Heath Ferguson...
Nebraska Farmers, Ranchers Urged to Consider Forage Insurance
Oct 15 2013 // University of Nebraska-Lincoln Extension educators are encouraging farmers and ranchers to consider pasture, rangeland and forage insurance for next year if they’ve lost forage production because of drought. The...
Mass Evacuation Saves Lives as Cyclone Phailin Strikes India
Oct 15 2013 // A mass evacuation saved thousands of people from India’s fiercest cyclone in 14 years, but aid workers warned a million would need help after their homes and livelihoods were destroyed. Cyclone Phailin was expected...
House Backs Limiting Crop Insurance Subsidies for Wealthiest Growers
Oct 14 2013 // Farm subsidy reformers praised a vote by the U.S. House of Representatives to make the wealthiest growers pay more for federally subsidized crop insurance, the first eligibility limit on a program that costs $9 billion a...
Environmental Group Slams Federal Crop Insurance ‘Windfall’ Option
Oct 11 2013 // An insurance provision in the U.S. farm bills proposed by the House and Senate could have corn, soybean, and wheat farmers making more money in a bad year, such as during a drought, than in a good year, an environmental...
North Dakota Ranchers Urged to Record Livestock Losses
Oct 10 2013 // The North Dakota Stockmen’s Association is urging ranchers who lost cattle in last weekend’s snowstorm to keep detailed records of their losses. Ranchers and industry officials in the Dakotas have said the...
Farmers Insurance Exchanges in California Commence Cash Tender Offers
Oct 10 2013 // Farmers Insurance Exchange, Fire Insurance Exchange and Truck Insurance Exchange announced that Farmers Insurance Exchange commenced a cash tender offer for any and all of its outstanding 8.625 percent surplus notes due...
Early Snow Kills Thousands of Cattle in South Dakota
Oct 9 2013 // A record-breaking storm that dumped 4 feet of snow in parts of western South Dakota left ranchers dealing with heavy losses, in some cases perhaps up to half their herds, as they assess how many of their cattle died during...
All Risks Launches Workers Comp Product for Agriculture Risks
Oct 4 2013 // The recently formed Workers’ Compensation Specialty division of All Risks, Ltd., has launched its second specialty class, WC for agriculture exposures. This unit will offer workers’ compensation through two...
Manufacturing Growth to Aid Midwest Economy
Oct 2 2013 // A new survey of business leaders in nine Midwest and Plains states suggests that manufacturing growth will help fuel the regional economy through the end of the year, according to a report released on Oct. 1. The overall...
Monsanto to Buy Weather Data Modeler, Farm Insurer Climate Corp. for $930 Million
Oct 2 2013 // Monsanto Co., the world’s largest seed company, agreed to buy The Climate Corp. for about $930 million to provide farmers with weather data and agronomic modeling to boost yields and manage risk. Closely held Climate...
Federal Government Shutdown Effect on P/C Insurance Industry
Sep 30 2013 // If Congress fails to agree by midnight tonight on a resolution to continue funding the federal government, the property/casualty insurance industry should not be seriously affected by the resulting shutdown. The insurance...
