AGRICULTURAL INSURANCE AND FOOD SECURITY.

Agric Insurance policies are to facilitate better production by protecting the farmer's capital/investment and also use it as a tool for economic growth. Agric insurance is important for the growth and development of the agricultural sector in any economy. 

 The essence of agric insurance is to protect farmers from losses resulting from hazards such as flood,fire,pest,disease and emergency control measures such as in case of outbreaks of African swine fever,bird flu e.t.c Farmers with cases of African swine fever will adhere to measures of culling and destroying affected animals if compensation policy is instituted instead of carting away such animals and selling . 

                   

 Agric insurance is also relevant in abattoir operations,with particular reference to condemnation of carcasses,organs in disease conditions and transportation accident. The benefits of insurance are enormous,aside the monetary compensation, there is access to professionals who over- see the project,certified animals are procured to start the project,data of farmers & operations are generated,it also encourages proper record keeping and disease control measures. 

 When agric/animal husbandry projects are insured,there will be proper management ,food safety will be enhanced and wholesome products will be in our market.The fear of running at a loss is the reason why producers cut corners,avoid the necessary management protocol such as vaccination,reporting outbreaks,processing dead animals, and using unconventional feeding practices and unauthorized drugs in production to attain market weight early. 

 The agric insurance sector though a growing industry,still has a lot to do to convince farmers to insure their businesses. A large percentage of farmers dont access this opportunity to their detriment and to the loss of the economy on a larger scale.The farmers /producers need financial bodies to work with them,to give soft landing in case of loss and to pay commensurate compensations in cases of emergency control of diseases. 

 The farmers cant access certain loans because they are not insured; premium are not fixed and certain diseases are not included in the policies. The time to bring the farmers on board the insurance train is now; banks/ insurance companies, the farmers/food processors await your call of pocket-friendly premiums ,better pay-out policy,wider range of hazard coverage and reduced interest on loans.

 AGRIC INSURANCE; FOR BETTER PRODUCTIVITY, FOOD SAFETY AND ENHANCED HUMAN HEALTH.

TECHNOLOGY AND POULTRY VALUE CHAIN.

 

 Technology transfer is a sure way to ensure food security.Investors in bio-technology,genetic engineering, modern breeding technologies are all welcomed at the investors forum.The future is now,join us!!! 

 The work has started,bring your expertise to the forum.It could be new feeding technique, new feed ingredients/combination, herbal therapy to prevent antibiotic residue.

Every knowledge is important,help ensure food security,lets think together.

Rubbing minds for greater productivity. Need an invite??  

FUNDING AGRICULTURAL BUSINESS.

Farmers just like any other business,may need to lean on a financial arm for support at a point in time.Many farmers dont know the opportunities they have to access these facilities, or how to access them and grow. Farming is a lucrative venture duly supported by government,financial giants,cooperative bodies and micro finance schemes. Agricultural loans are of various types , can be accessed at various levels and have different amounts as per the size of the project.These loans can be accessed corporately or as individuals,depending on amount involved,most of these loans can only be accessed when the farm has an insurance cover. Agricultural loans and agricultural insurance are intertwined,you cannot do one without the other; before you try to access the loan make sure you are insured.The basic requirement for the loan are as follows; 1) application form. 2) farm records; showing productivity and profitability. 3) Registration record/licence of farm. 4) account details. The banks that give out such loans include bank of agriculture, and first bank ,they also require you have an account with them that is operational.