Crop-loss band · Iowa
Buchanan County, Iowa — crop-loss band
- 1.14Low end of the filed band
- 1.68Middle of the filed band
- 2.49High end of the filed band
- 2023Worst year filed (2.73)
- 10Years filed
Every year the Risk Management Agency has filed for Buchanan County is in the series below, from 2015 to 2024. Read across those years the county’s annual loss ratio — indemnity divided by premium — runs from 1.14 at the low end to 2.49 at the high end, with 1.68 in the middle. The worst year filed is 2023, at 2.73. The band points are years the county actually ran, never a figure interpolated between two of them.
The county’s year-by-year record
| Year | Premium | Indemnity | Liability | Policies | Policies with a loss | Loss ratio |
|---|---|---|---|---|---|---|
| 2015 | $478,614 | $546,174 | $6,985,764 | 122 | 122 | 1.14 |
| 2016 | $157,200 | $245,838 | $3,115,869 | 49 | 49 | 1.56 |
| 2017 | $273,424 | $488,004 | $3,546,273 | 113 | 113 | 1.78 |
| 2018 | $532,319 | $934,040 | $8,753,550 | 162 | 162 | 1.75 |
| 2019 | $616,423 | $1,335,282 | $11,013,543 | 224 | 224 | 2.17 |
| 2020 | $1,546,727 | $3,847,442 | $35,057,488 | 341 | 341 | 2.49 |
| 2021 | $418,992 | $659,030 | $6,525,910 | 53 | 53 | 1.57 |
| 2022 | $235,748 | $299,973 | $3,619,284 | 42 | 42 | 1.27 |
| 2023 | $8,468,240 | $23,090,447 | $163,497,866 | 1,024 | 1,023 | 2.73 |
| 2024 | $2,117,247 | $3,562,343 | $37,181,487 | 417 | 417 | 1.68 |
Commodities insured in Buchanan County
2 commodities here clear the desk’s floors — at least five filed years and a quarter of a million dollars of filed premium. Each carries its own band, so a reader can read the commodity they actually farm rather than the county average.
Corn 10 years filed
- 0.94Low end of the filed band
- 1.67Middle of the filed band
- 2.52High end of the filed band
- 2023Worst year filed (2.79)
- 10Years filed
- $11,023,775Premium filed
- $27,380,054Indemnity paid
- $219,017,853Liability insured
- 233,729Quantity planted
- 235,293Quantity lost
- 1,504Policies
- 1,503Policies with a loss
- 2.48Loss ratio, whole span
Causes that carried the indemnity in Buchanan County
- Drought $16,617,712 indemnity · 9 years
- Decline in Price $3,837,315 indemnity · 8 years
- ARPI/SCO/ECO/STAX/MP/HIP-WI/PACE Crops Only $3,364,660 indemnity · 2 years
- Excess Moisture/Precipitation/Rain $1,912,969 indemnity · 8 years
- Wind/Excess Wind $949,762 indemnity · 8 years
- Hail $444,727 indemnity · 5 years
Soybeans 10 years filed
- 1.20Low end of the filed band
- 1.72Middle of the filed band
- 2.45High end of the filed band
- 2016Worst year filed (3.70)
- 10Years filed
- $3,821,159Premium filed
- $7,628,519Indemnity paid
- $60,279,181Liability insured
- 103,673Quantity planted
- 102,799Quantity lost
- 1,043Policies
- 1,043Policies with a loss
- 2.00Loss ratio, whole span
Causes that carried the indemnity in Buchanan County
- Drought $3,757,963 indemnity · 8 years
- Decline in Price $1,293,188 indemnity · 7 years
- Excess Moisture/Precipitation/Rain $1,291,893 indemnity · 8 years
- ARPI/SCO/ECO/STAX/MP/HIP-WI/PACE Crops Only $833,789 indemnity · 2 years
- Hail $199,289 indemnity · 7 years
- Heat $78,748 indemnity · 3 years
Every county-crop the agency files in Iowa → Buy the Buchanan County dossier →
Figures from the federal source files: EPA’s ECHO downloads, CMS provider files and the FMCSA census.
County cause-of-loss figures from the USDA Risk Management Agency’s Cause of Loss Summary of Business, county files, filed by the agency as a United States Government work. The loss ratio is the agency’s own published column: indemnity divided by premium, re-derived at the summed county-crop grain.