Agricultural News

El Nino Weather Pattern Increasing Says Australian Weather Bureau

The development of an El Nino weather pattern is increasing and at this stage may be a medium-strength event, but it could take months for it to be officially declared, Australia’s weather bureau said. “We are warming reasonably rapidly. The …

North Dakota Wants Change to Forage Insurance

North Dakota’s top agriculture official is asking the federal government to consider adding another wrinkle to a new insurance program that pays ranchers based on rainfall or the greenness of their pastures. The Risk Management Agency, which oversees crop insurance, …

It Figures

$4.4 Million The southwest Kansas town of Greensburg, destroyed two years ago by a massive tornado, is due to receive $4.4 million in grants from the U.S. Department of Agriculture’s Rural Development Division to help repair streets and build a …

Nebraska Officials Propose Grain-Insurance Fund; Growers Skeptical

Nebraska officials are moving forward with a plan to establish a multimillion-dollar insurance fund to protect farmers when grain warehouses go broke, following the financial collapse of an elevator last year. But major agricultural groups in the state have expressed …

South Carolina Court Denies Motor Carrier Exemption for Liability Limits

The South Carolina Supreme Court has ruled that a trucker paid to haul cut trees is a commercial motor carrier required to carry liability insurance limits of at least $750,000 and does not qualify either as a private carrier or …

Katz Named CEO of American Agricultural Insurance Co.

The American Agricultural Insurance Company (AAIC), based in Schaumburg, Ill., has appointed Janet S. Katz as the company’s new executive vice president and chief executive officer, effective July 1, 2009. Katz is a 20-year veteran of AAIC. She joined the …

Obama Administration Steps Up Financial Reform Drive

The Obama administration stepped up its push for tougher bank and financial firm rules Thursday, scheduling a briefing for lobbyists, with a focus on insurance oversight, and sending a top regulator to a Senate hearing to discuss plans for regulating …

Tornado-Destroyed Kansas Town to Get $4.4M for Infrastructure

The southwest Kansas town of Greensburg, destroyed two years ago by a massive tornado, will receive $4.4 million in federal grants to help repair streets and build a new business park. The U.S. Department of Agriculture’s Rural Development Division says …

It Figures

$5 Million The estimated cost of repairs and clean-up at Southern Illinois University at Carbondale as a result of high winds that tore through the campus in May. Much of that total will go to fix broken windows and roof …

It Figures

10 Arkansas Gov. Mike Beebe has declared disasters in 10 more counties, bringing the total of declared disaster areas to 42 due to heavy rain and floods this spring. Beebe added Ashley, Cleburne, Greene, Howard, Jackson, Marion, Nevada, Ouachita, Pike …