weather crop losses News

U.S. Cotton, Peanuts at Risk as Hurricane Makes Northward Turn

With Florida orange groves seemingly escaping major damage from Hurricane Dorian, concern now turns to soy, corn and cotton fields as well as livestock in Georgia and the Carolinas as the hurricane churns northward. North Carolina Governor Roy Cooper declared …

Wet Spring Hurts Kentucky Corn, Soybean Farmers

This year’s wet spring season is causing problems for farmers in western Kentucky who are trying to get corn and soybeans planted. The farmers said they have been hurt by the recent series of thunderstorms and torrential rains that have …

Munich Re Licenses AIR’s Updated Crop Insurance Models for U.S., China

AIR Worldwide reported that it has updated its Multiple Peril Crop Insurance (MPCI) Models for the United States and China. “These are weather-based models that estimate underwriting gains and losses based on crop yield probabilities in the context of current …