As part of the Palermo Rural Exhibition, the governor of Entre Ríos, Rogelio Frigerio, announced the launch of the Agricultural Risk Management and Coverage Program, an unprecedented tool in the province aimed at protecting small producers against extreme weather events.
The program, developed in conjunction with the Provincial Autarkic Institute of Insurance of Entre Ríos (Iapser), will have an initial fund of US$ 1,000,000, of which US$ 700,000 will be provided by the provincial government, to offer coverage against droughts and floods.
The initiative constitutes the first multi-risk insurance for corn implemented in Entre Ríos and aims to provide predictability to one of the most important sectors of the provincial economy.
Frigerio highlighted support for one of the province's productive engines
During the official presentation, Frigerio stated that the new instrument responds to a historical demand from the agricultural sector.
"We are announcing the first multi-risk insurance for the agricultural sector, the most competitive sector in the country and in our province. We understood that there was a need that had to be met, and this is the first step for a crucial sector in our economy", he affirmed.
The governor also explained that the choice of corn as the initial crop responds to its strategic importance for production in Entre Ríos.
Corn is the basis of the poultry, dairy, pork, and beef chains, allowing the transformation of plant protein into animal protein and adding value within the province.
Free coverage for small producers
In its initial stage, the program will be aimed at corn producers with farms of up to 200 hectares and will cover an area of 100,000 hectares.
The coverage will be completely free during the first year, a measure aimed at facilitating access to the protection system for small producers.
