Latest Agribusiness Headlines

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

Oklahoma, Farmers Insurance Reach $25M Settlement Over Earthquake Claims

Apr 5 2021 // Oklahoma has reached a $25 million settlement with Farmers Insurance over the company’s handling of earthquake claims, state officials say.Oklahoma Attorney General Mike Hunter and Insurance Commissioner Glen...

Outlooks Revised to Stable for Farm Bureau of Idaho Group Members

Apr 5 2021 // AM Best has revised outlooks to stable from negative and affirmed the Financial Strength Rating of A- (Excellent) and the Long-Term Issuer Credit Rating of “a-” of Farm Bureau Mutual Insurance Co. of Idaho and...

Arizona Farmers Should Expect Less Water in 2022

Apr 5 2021 // Arizona officials are putting farmers in south-central Arizona on notice that the continuing drought means a “substantial cut” in deliveries of Colorado River water is expected next year.A joint statement...

Despite Soy Rally, Farmers Bet on Corn Backed by High Crop Insurance Guarantee

Mar 30 2021 // CHICAGO— A 45% rally in soybean prices in 11 months was not enough to convince South Dakota farmer DuWayne Bosse to give up any corn acreage on his farm this spring.“For our farm, we are looking at maxing out corn...

Farmers Insurance Now Offering Direct-to-Consumer Policies in Louisiana

Mar 23 2021 // Farmers Insurance has launched a range of insurance products in Louisiana that consumers can customize.The company said Louisiana customers can now access quotes and purchase auto, home, condo, and renters products in a...

Ohio to Farmers: March 15 Is Insurance Deadline for Spring Crops

Mar 10 2021 // In a media release, Ohio Department of Insurance Director Judith L. French has reminded Ohio farmers that March 15 is the final date to purchase or modify federal crop insurance coverage on 2021 spring-planted...

Farmers Insurance Returning to Louisiana

Mar 10 2021 // Louisiana insurance regulators have approved rate and form filings for Farmers Insurance in advance of California-based insurer’s re-entry into the Louisiana market.The Louisiana Department of Insurance reported that...

Sierra Specialty Launches Nationwide Agribusiness Program

Mar 8 2021 // Sierra Specialty has launched an agribusiness program now available in all 50 states. Sierra Specialty has sole authority to underwrite, bind, and issue policies for this program, focusing on the farming and agriculture...

California Agriculture Company Owner, Daughter Sentenced in $2.5M Workers’ Comp Scheme

Feb 26 2021 // Felipe Saurez Barocio, 63, of Atwater, Calif., owner of Agriculture Services Inc., and his daughter, Angelita Barocio-Negrete, 34, of Merced, were sentenced to 10 years after pleading no contest to six felony counts of...

Canadian Insurtech Farmers Edge Raises $100 Million in IPO

Feb 26 2021 // Farmers Edge Inc. raised about C$125 million ($100 million) in its Canadian initial public offering after selling shares at the top end of its marketed range, according to people familiar with the transaction.Farmers Edge...

Kenya Seeks More Crop Insurance to Cover Small Farms from Climate Change Risks

Feb 25 2021 // Kenya’s agriculture ministry has opened bids for crop insurance providers to cover more smallholder farmers from the risks and shocks of climate change, under a government program, according to a statement in...

California Governor Wants Vaccines for Central Valley Farmworkers

Feb 24 2021 // More vaccines are headed to California’s vast Central Valley, an agricultural region whose workers and residents have been hard hit by coronavirus, Gov. Gavin Newsom said Monday.The multi-county region, which...

5 Questions to Ask Customers Considering a Family Farm Business

Feb 22 2021 // According to a March 2020 article by the Agricultural Marketing Resource Center, agritourism operations in the U.S. generated more than $700 million in sales in 2012. People are taking their family farms and (alongside...

Protecting Seasonal Ag Workers with a Non-Routine Work Program

Feb 22 2021 // During a routine trip to dump grain into a dump pit, a driver became concerned about the amount of dust rising from the pit.To investigate, he removed both the primary and secondary pit grates — a task that was not a...

Caribbean Agricultural Workers Keep Fighting for Compensation from Pesticide Exposure

Feb 19 2021 // SAN JUAN, Puerto Rico – Agricultural workers who have long sought compensation for contamination from a pesticide banned in France but used in the country’s Caribbean islands of Martinique and Guadeloupe have...

Texas Ag Industry, Food Supply at Risk from Severe Weather, Official Says

Feb 17 2021 // Farmers and ranchers across Texas are seeing devastating effects from the cold weather on livestock, feed and agriculture products, Texas’ top agriculture official says.In a media release, Texas Agriculture...

Citrus Crop Losses Expected in Texas After Deep Freeze

Feb 16 2021 // The historic cold snap that has frozen Texas this week with brutal winter weather and brought snow all the way to beaches along the Gulf of Mexico is also bringing headaches for citrus growers at the southern tip of the...

Man Who Broke Ankle on Obstacle Course on Michigan Farm Wins Appeal

Feb 16 2021 // A man who broke an ankle on an obstacle course at a pumpkin patch will get his foot inside a courthouse again.A judge wrongly dismissed Tarek Hamade’s lawsuit against DeBuck’s Corn Maze and Pumpkin Patch, the...

UK High Court Allows Suit Against Shell by Nigerian Farmers, Fishermen Over Oil Spills

Feb 15 2021 // The UK Supreme Court on Friday allowed a group of 42,500 Nigerian farmers and fishermen to sue Royal Dutch Shell (RDS) in English courts after years of oil spills in the Niger Delta contaminated land and groundwater.Senior...

Germany’s Cabinet Advances Bill to Ban Farmers’ Use of Glyphosate by 2024

Feb 12 2021 // Farmers in Germany will have to gradually reduce their use of glyphosate and stop using it completely from 2024 in order to preserve clean habitats for insects, under draft legislation passed by the country’s cabinet...