Spain: They denounce a 121% increase in tomato agricultural insurance

Published 2024년 4월 19일

Tridge summary

The UPA-UCE Extremadura has reported a dramatic 121% increase in agricultural insurance costs for tomato producers in the region, under a new plan that also raises rates and reduces coverage for cereals and fruits. This surge in insurance costs is expected to significantly impact farmers' earnings, particularly for tomato farmers who are projected to earn 2,000 euros less per hectare while facing doubled insurance expenses. The organization is calling for better insurance coverage and support from the Ministry, autonomous communities, and the establishment of a specific EU fund to mitigate the impacts of climate change on agriculture, emphasizing the critical role of agricultural insurance in safeguarding farmers against climate-related challenges.

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Original content

UPA-UCE Extremadura denounces that Extremaduran tomato producers are paying 121% more compared to last year to have their harvest insured. This is one of the consequences of the new agricultural insurance plan, which will mean that Extremaduran tomato farmers will have to assume “a very high cost” of agricultural insurance policies in this campaign. UPA-UCE Extremadura points out significant increases in the prices of insurance policies in other crops such as cereals, which registers a price increase of 34% or fruit, with an increase of 5%. This new insurance plan contemplates, among other aspects, a reduction in the base subsidy, an increase in rates as well as an elimination of coverage and the subsidization of surcharges. “Tomato producers in Extremadura will charge 2,000 euros less per hectare and, in addition, they find that the price they have to pay to have the hectares insured rises from 300 to more than 600 euros. "It is an absolute outrage," they maintain from UPA-UCE, ...

Source: Agroinformacion