Crop insurer to release P93.8M to aid farmers

Quick Summary:

THOUSANDS of farmers are expected to receive indemnity checks amounting to P93.8 million from the Philippine Crop Insurance Corp.(PCIC) as compensation for the damage caused by the onslaught of super typhoon Julian.

According to the DA, most of the damage and losses on rice and corn were in the reproductive and maturity stages.

These losses were equivalent to P427.65 million for rice, P38.95 million for corn and P31.13 million for high-value crops.

---

More Pictures

---

Read Quick SummarySave Time

or

Article Details

Author / Journalist: Ada Pelonia

Category: BusinessStartups

Markets: Philippines

Topics: Damage Agriculture Cagayan Rice Ilocos Million Valley Pcic Corn Region Farmers

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-10-14 @ 14:43:25 (17 hours ago)

News Timezone: GMT +8:00

News Source URL: businessmirror.com.ph

Language: English

Article Length: 439 words

Reading Time: 3 minutes read

Sentences: 16 lines

Sentence Length: 28 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Business Mirror

News ID: 23042571

View Article Analysis

About Business Mirror

Main Topics: BusinessStartups

Official Website: businessmirror.com.ph

Update Frequency: 70 posts per day

Year Established: 2005

Headquarters: Philippines

News Last Updated: 8 hours ago

Coverage Areas: Philippines

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Local / Regional

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #37

Publisher Details

Frequently Asked Questions