Drought devastates maize crops
PANAMA’S government is faced with a $7 million payout as compensation for some 8,000 hectares of corn affected by drought.
The information was confirmed Thursday, April 21, by Irvin Santos CEO of the Institute of Agricultural Insurance (ISA), during a tour of the province of Los Santos.
He said Friday the first payment of $700,000 would be paid on Friday, April 22.
Of the 11,800 insured hectares, 8,000 were affected by climate change
The technical report said that the most affected area was Los Santos, followed by Guararé, Las Tablas, Pocrí.
Cobs had not congealed, some had ultra small grains, and high temperatures prevented fertilization.
