How Will Climate Change Affect Agriculture Industry?
The U.S. Department of Agriculture (USDA) recently released a comprehensive report on the future effects of climate change and adaptation strategies for the agriculture industry.
According to the report, increasing atmospheric carbon dioxide (CO2), rising surface temperatures and more variable precipitation patterns will contribute to an overall decline in agricultural productivity. Warmer temperatures will also mean less productive livestock for many across the nation.
Weeds, insect pests and diseases will likely increase in the near future as a result of these changes, too.
To help minimize the damage caused by these factors, consider making the following adaptations:
- Change crop variety and breed to build soil health
- Purchase crop insurance to cover losses due to lower crop production or natural disasters
- Install irrigation systems to keep soil and crops healthy
- Plant pest-resistant crop varieties
- Use greenhouse gas emissions reduction practices
- Be flexible to be able to adapt to consumer diet trends
- Make sure livestock are properly fed and given enough water
Despite what you may hear about climate change, it’s not all doom and gloom.
For more information visit AGRICULTURE or contact a SW Risk Specialist at 1-866-924-7976 (SWRM) to discuss the best risk management options for your agribusiness.