Latest Agribusiness Headlines

All the headlines from our Agribusiness Topic Page, ordered by recency.

AM Best Revises Outlook to Negative for Louisiana Farm Bureau Mutual

May 4 2023 // AM Best has revised the outlooks to negative from stable and affirmed the Financial Strength Rating of A- (Excellent) and the Long-Term Issuer Credit Rating of “a-” (Excellent) of Louisiana Farm Bureau Mutual...

American Financial Group to Acquire Crop Risk Services From AIG for $240M

May 3 2023 // American Financial Group Inc. and American International Group announced they have entered into a definitive agreement whereby AFG will purchase Crop Risk Services (CRS) from AIG.Under the terms of the transaction, AFG...

Dairy Farm Fire Kills 18,000 Cows in Texas Panhandle

Apr 14 2023 // LUBBOCK — More than 18,000 cows died and one farm worker is in critical condition following a dairy farm fire in the Texas Panhandle.The fire started Monday night at South Fork Dairy Farm in Dimmitt, about 66 miles south...

NC Farm Bureau Can Keep $24 Million in Green Energy Tax Credits, Court Says

Apr 6 2023 // An insurance company is entitled to generous tax credits even if the carrier did not invest directly in renewable energy projects, a North Carolina court has decided, striking down a $24 million tax assessment by the...

Wisconsin Farm Reaches $215K Pollution Settlement

Mar 27 2023 // MADISON, Wis. (AP) – A factory farm has agreed to pay the Wisconsin Department of Justice $215,000 to settle pollution allegations.The Legislature’s finance committee is slated to approve the deal during a...

Wind Farm in Southern Texas Draws Resistance

Mar 17 2023 // DEL RIO, Texas (AP) – Long before a Chinese spy balloon captivated and spooked the U.S. public, Kyle Bass foresaw what he deemed another foreign danger slated for skies above the Texas-Mexico border: wind...

Appeals Court in NC Says Undercover Filming of Farms is Protected Speech

Feb 28 2023 // In a decision that animal rights advocates are calling a big win over big agricultural interests, a federal appeals court last week struck down part of a North Carolina law, declaring that it violated the constitutional...

Livestock Operations Grow as Demand Rises; Nationwide’s Cumings Sees Direct-to-Consumer Models Adding Additional Liability Risk

Feb 20 2023 // Specialization is critical in the cattle business and increased consumer demand for protein is driving new trends, including niche farms that offer direct-to-consumer strategies.In today’s evolving and growing...

Maine Proposal Would Buy Out Farms Contaminated by PFAS Chemicals

Feb 16 2023 // A Maine lawmaker has proposed a bill to require the state to offer to buy out farmers whose land was contaminated by long-lasting chemicals caused by the spreading of sludge. The chemicals are PFAS chemicals, which are...

Viewpoint: Interest in America’s World-Class Crop Insurance Continues to Grow

Feb 8 2023 // Now standing firmly one month into 2023, we can look back at the previous year with pride that we were able to meet many of its challenges with the stability and confidence our agricultural community offers to help feed...

Estimated 100,000 Hens Die in Blaze at Connecticut’s Hillendale Farms

Feb 1 2023 // BOZRAH, Conn. (AP) — An estimated 100,000 hens died in a weekend fire at a Connecticut farm owned by one of the country’s largest egg producers, Connecticut officials confirmed Monday. It’s one of several...

Suspect in Shootings in Northern California Was Agricultural Employee

Jan 25 2023 // An agricultural worker killed seven people in back-to-back shootings at two mushroom farms that had employed him in Northern California and the massacre is believed to be a “workplace violence incident,”...

Missouri Dairy Producer to Settle $140K Disability Discrimination Suit

Jan 12 2023 // ST. LOUIS – Hiland Dairy Foods, a Springfield, Missouri-based producer and distributor of dairy products, will pay $140,000 to resolve a disability discrimination lawsuit filed by the U.S. Equal Employment Opportunity...

Fire Floods Wisconsin Dairy Plant With Butter

Jan 9 2023 // MADISON, Wis. (AP) – The state Department of Natural Resource is helping local government workers clean up after a fire flooded a dairy plant with butter.The fire broke out in a butter storage room at the Associated Milk...

Mississippi Farms Settle Suits Over South African Laborers’ Higher Wages

Jan 9 2023 // Two agriculture businesses in the Mississippi Delta and some Black farm workers have settled the workers’ lawsuits over claims the farms hired white laborers from South Africa and paid them more than the local Black...

Florida Crops Appear to Have Escaped Serious Damage From Unusually Cold Weather

Dec 29 2022 // Florida’s citrus, fruit and vegetable crops appear to have escaped any widespread damage from some of the coldest weather in years, officials with state growers associations said Tuesday.A cloud cover helped protect...

Fire Heavily Damages Buildings at Indiana Farmers’ Co-Op

Dec 20 2022 // DILLSBORO, Ind. (AP) – A fire heavily damaged buildings at a southeastern Indiana farmers’ co-operative that provides livestock feed, producing flames visible miles away, officials and witnesses...

Fire on Vermont Dairy Farm Destroys Barn, Kills 40 Cows

Dec 15 2022 // GRAND ISLE, Vt. (AP) — Fire has destroyed a Grand Isle dairy barn and killed about 40 cows trapped inside, Vermont State Police said Tuesday.A neighbor spotted the flames coming from the north end of the barn Monday...

USDA: Florida Orange Crop Down 36% After Two Hurricanes

Dec 12 2022 // Production of oranges in Florida this season is forecast to be down 36% from earlier estimates, in part a reflection of twin hurricanes that battered growing regions, according to U.S. Agriculture Department figures...

Rokstone to Launch Ohio-Based Farm and Ranch Division

Nov 28 2022 // Rokstone Agriculture Risk Underwriters, the U.S. specialist agriculture division of the International Speciality (Re)Insurance MGA, Rokstone, has acquired two US market leading senior underwriters to launch a new...