drought insurance News

South Africa Develops Public-Private Scheme to Provide Drought Insurance for Farmers

JOHANNESBURG – Happy Letsitsa hasn’t paid off the money he borrowed to survive a 2019 drought that ravaged his maize and sunflower farm in the South African province of Free State. He has no drought insurance. If rains fail again, …

Parametric Insurance Cover Provides French Farmers with Drought Relief

Hundreds of French farmers who signed up for specialist policies aimed at insuring against freak weather are getting swift payouts which could help them recover from heatwaves and prolonged droughts that hit parts of the country. The payments underline how …

Drought Costs Wyoming County its No. 1 Hay Spot

Fremont County has lost its spot as Wyoming’s No. 1 alfalfa-producing county, growing only two-thirds of the hay in 2012 than it did in 2011. The Riverton Ranger reported local farmers produced 157,000 tons of the crop, topped only by …

New Mexico Drought Matter of Perspective, Risk

Perhaps it’s a matter of perspective. If you’re a cattle rancher in New Mexico without enough grass to feed your stock, it’s a drought. If you’re a satellite orbiting a couple of hundred miles away in space, things may look …