agribusinessreview.comJULY - 20236EDITORIALLayla HawkinsManaging Editoreditor@agribusinessreview.comEDITORIAL STAFFAva GarciaDavies MedowsJohnson Heller Joshua Parkersales@agribusinessreview.comeditor@agribusinessreview.commarketing@agribusinessreview.comEmailVISUALIZERSAsher BlakeDisclaimer: * Some of the Insights are based on our interviews with CIOs and CXOsMANAGING EDITORLayla Hawkins Agri Business Review Visit www.agribusinessreview.comCopyright © 2023 ValleyMedia, Inc. All rights reserved. Reproduction in whole or part of any text, photography or illustrations without written permission from the publisher is prohibited. The publisher assumes no responsibility for unsolicited manuscripts, photographs or illustrations. Views and opinions expressed in this publication are not necessarily those of the magazine and accordingly, no liability is assumed by the publisher thereof.JULY - 01 - 2023, Vol - 03, Issue - 13 (ISSN 2832-3335)Published by ValleyMedia, Inc. TO SUBSCRIBE TOVian IsaacUnlocking Opportunities for Farmers and Crop Insurers Developing new technologies, such as satellites, drones, the Internet of Things (IoT), mobile applications, and other web-based platforms, is critical to expanding the crop insurance industry. Crop insurance programs help increase rural incomes, food security, and self-sufficiency. Crop insurance coverage protects agribusiness organizations from agricultural cooperatives against unanticipated crop declines and the resulting financial losses. Leveraging crop monitoring provides accurate meteorological data and facilitates early diagnosis and forecasting of temperature stress to prevent crop loss and manage insurance. Farmers increasingly employ assets to produce quality data in large volumes and need help obtaining reliable data from farms.Market size for Crop Insurance Market is projected to reach USD 59.89 billion by 2030, with a CAGR of 6.1 percent. Various government schemes and insurance programs are available to producers to ensure they are adequately covered, enhancing market growth. Implementing multiple digital initiatives to reduce uncertain risks has contributed to developing the global crop insurance market. Satellite photography can assist agricultural crop insurance providers determine whether a given area has been harvested. Agricultural productivity can now be increased by various innovative methods, ranging from auto-steering to variable-rate systems.This edition of Agri Business Review brings recent trends and developments in crop insurance services and the latest technologies, bringing more efficiency and improvements to provide ample opportunities for the key players operating in the crop insurance market.It features a thought leadership article from Chris Millson, Head of Sustainability at Direct Wines, who talks about taking action through carbon-conscious procurement to achieve net zero. It also features William Barbier, Head of Research & Development at Florensis sheds light on the growers who face many challenges in reducing their carbon footprint in sustainable horticulture, which produces high-quality products that are environmentally and economically sustainable.In this edition, we also bring you the story of some of the top crop insurance service providers offering value-added services through various technologies and entering into strategic partnerships. One of them is Compeer Financial, one of the third largest cooperatives in the Farm Credit System. It provides a seamless and personalized experience to help its clients in Illinois, Minnesota, and Wisconsin throughout the agricultural financing process. This edition featuring the top crop insurance service providers in 2023 facilitates the leaders to drive progress toward a more sustainable future with innovative trends. We hope you find the right partner to meet organizational needs.Let us know your thoughts!
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