Analysis Shows La Niña Conditions Nearly Double Likelihood of Spring Planting Delay in Indiana and Ohio
New 2012 Outlook Report from The Climate Corporation Estimates Crop and Financial Losses Associated with La Niña Weather Pattern in the Eastern Corn Belt
SAN FRANCISCO, March 1, 2012 – This week The Climate Corporation released an outlook report regarding the impacts of La Niña on the 2012 spring planting period. The report leverages the power of The Climate Corporation’s weather data platform to quantify the potential impact of La Niña conditions on the 2012 corn crop.
Based on the latest forecasted La Niña conditions, growers in the eastern Corn Belt — particularly Ohio and eastern Indiana — should expect increased likelihood of planting delays, which can result in associated crop and financial losses.
Key conclusions from the outlook report include:
To access the La Niña Outlook Report, visit www.climate.com/2012Outlook/LaNina.
About The Climate Corporation
The Climate Corporation's mission is to help the world's people and businesses adapt to climate change. The company protects the $3 trillion global agriculture industry from the financial impact of adverse weather—the cause of over 90 percent of crop loss — with fully automated weather insurance products. The company's unique technology platform enables the real-time pricing and purchasing of customizable weather insurance using proprietary global weather simulation modeling and local weather monitoring systems. Unlike traditional insurance, The Climate Corporation's products pay out automatically based solely on measured weather conditions, requiring no claims process and no waiting for payment. For more information, please visit www.climate.com or follow the company on Twitter @climatecorp.
Casey Hushon, Charleston|Orwig