16.2 million tons of the current harvest of cereals, legumes, oilseeds or rice already have protection from agricultural insurance, they indicate from Agroseguro
Agroseguro has reminded arable crop farmers in a statement that the deadline to protect their winter cereal, legume and oilseed harvest against hail (module P of agricultural insurance) ends on June 15, except in Andalusia and the Canary Islands, whose term has already expired. In addition, until that date, modules 1 and 2 of those same irrigated crops can also be subscribed, as well as the complementary modules of the insurance policies subscribed in autumn 2021.
Currently, 16.2 million tons (3,140 million euros of insured capital) of the current harvest of arable crops already have agricultural insurance coverage, through a valid policy. In recent years, the implementation of this insurance has exceeded 75% of national production.
Extremadura in 2021
In 2021, the fruit harvest, not cereals, was seriously affected by the severe frosts that occurred on the San José weekend (March 18-21), and again during the months of April and May. Then, hail storms were felt, also repeatedly, in many areas of the Spanish geography.
The growth in Extremadura, they indicate from Agroseguro, is important, with more than 239,900 insured tons (+4.3%), with a high insurance of the Extremaduran productions of plum, peach, nectarine, Paraguayan, apricot and pear. The value of the insured production exceeds, once again, 131 million euros.
Severe hail damage
Hail storms are becoming more common, earlier and more damaging. In fact, the strong hailstorms recorded between 2017 and 2021 have caused compensation for arable crop producers worth 165 million euros. By area, most of the compensations correspond to insured producers in Castilla y León (especially Burgos –with more than 19 million subscribers–, León, Palencia, Soria and Valladolid), Aragón and Castilla-La Mancha (mainly Cuenca and Guadalajara) .
In addition, it is important to remember that the month of June 2021 was complicated throughout the peninsula, due to the severe hail storms recorded, which left compensation for more than 87 million euros. Of the total, more than 32 million were paid to insured cereal producers. Particularly aggressive were the successive hailstones produced between June 14 and 18, 2021, with more than 140,000 parcels damaged in up to 39 provinces. Of all of them, La Rioja took the worst part –claims in vineyards, cereals, pears and vegetables, mainly–, with more than 11 million euros in compensation for the damage recorded in 14,500 hectares and in just five days.
First storms of 2022
Although the hail has appeared in a timely manner during the first months of 2022, last week -between Thursday and Sunday- the first serious storms have been registered, mainly in cereal farms in Aragon, although the reports of claims received also extend by León, Ávila or Álava, as well as occasionally by insured vineyards in La Rioja. In total, the affected area since last Thursday exceeds 34,000 hectares.
Eddie is an Australian news reporter with over 9 years in the industry and has published on Forbes and tech crunch.