GrainGrow­ers calls for bet­ter crop in­sur­ance

The Northern Star - Northern New South Wales Rural Weekly - - News -

AT A TIME when dif­fi­cult sea­sonal con­di­tions are rais­ing the spec­tre of har­vest losses and down­graded qual­ity, na­tional grain farmer rep­re­sen­ta­tive group GrainGrow­ers con­tin­ues to di­a­logue with ma­jor in­sur­ers on the is­sue of ad­e­quate farm risk man­age­ment op­tions.

GrainGrow­ers chief ex­ec­u­tive of­fi­cer David McKeon said it was a ma­jor set­back for many farm­ers that the lat­est wide­spread rain­fall across east­ern Aus­tralia would re­sult in pro­duc­tion losses and qual­ity down­grades for un­har­vested grain crops.

“Low grow­ing sea­son rain­fall, com­bined with rain­fall dur­ing har­vest – in­clud­ing more than 100mm of rain for many south­ern NSW and cen­tral Vic­to­rian farm­ers over the past few days – will de­liver some grain grow­ers dis­ap­point­ing re­sults this year,” Mr McKeon said.

“With farm bud­get­ing for fol­low-on crops top of mind for most farm­ers over the next few months, we want to en­sure all farm­ers are aware of the suite of risk man­age­ment tools that are po­ten­tially at their dis­posal, in­clud­ing Multi-Peril Crop In­sur­ance (MPCI) op­tions.”

GrainGrow­ers re­leased a re­port high­light­ing the avail­able MPCI op­tions ear­lier this year.

CALL OUT: GrainGrow­ers CEO David McKeon said ad­e­quate in­sur­ance was a ma­jor set­back for farm­ers.

Newspapers in English

Newspapers from Australia

© PressReader. All rights reserved.