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Irrigation is Insurance

Weather variability is already affecting agriculture. Crop insurance is one way to think of managing this variability but it is rapidly becoming untenable as it is too expensive unless government subsidized national schemes. “The real insurance is irrigation,” said Johnathon Lassers of Ariel Investment Management at the Global Ag Investing Conference in Singapore. Active in Uruguay, he notes growing variability in the rainfall patterns is impacting their farm.

“Water is one of the main risks in agriculture,” added Tim Hornibrook of Macquarie Agricultural Funds Management. One of the best ways to hedge this is by being geographically diverse – across the span of a country and across the globe he suggests.

Robynne Anderson

Robynne has extensive experience in the agriculture and food sector, working throughout the value chain – from basic inputs to farmers in the field to the grocery store shelf. She works internationally in the sector, including speaking at the United Nations on agriculture and food issues, and representing the International Agri-Food Network at the UN.Throughout her career she has worked with farm organisations like the Prairie Oat Growers Association, the National Smallholder Farmers Association of Malawi and the Himalayan Farmers Association, as well as global groups, to further the voice of agriculture in the food debate. She has also worked with Fortune 500 companies growing worldwide businesses to assist them with issues management and strategy decisions.

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