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Crop-loss band · Iowa
Marion County, Iowa — crop-loss band
- 1.33Low end of the band
- 1.94Middle of the band
- 2.41High end of the band
- 2018Worst year (2.62)
- 10Years filed
Marion County by filed year
| Year | Premium | Indemnity | Liability | Policies | Policies with a loss | Loss ratio |
|---|---|---|---|---|---|---|
| 2015 | $482,364 | $1,112,739 | $4,373,393 | 138 | 138 | 2.31 |
| 2016 | $39,002 | $52,156 | $386,895 | 23 | 23 | 1.34 |
| 2017 | $779,186 | $1,754,323 | $7,827,394 | 242 | 241 | 2.25 |
| 2018 | $783,344 | $2,048,857 | $8,275,236 | 222 | 222 | 2.62 |
| 2019 | $686,779 | $1,330,766 | $6,566,544 | 203 | 201 | 1.94 |
| 2020 | $385,823 | $698,497 | $4,720,486 | 124 | 124 | 1.81 |
| 2021 | $138,336 | $184,483 | $1,479,427 | 38 | 38 | 1.33 |
| 2022 | $859,458 | $1,804,921 | $10,079,352 | 173 | 173 | 2.10 |
| 2023 | $701,323 | $939,093 | $7,580,223 | 154 | 154 | 1.34 |
| 2024 | $440,542 | $1,059,702 | $5,713,490 | 143 | 143 | 2.41 |
2 commodities insured in Marion County
| Commodity | Years | Low | Middle | High | Worst year | Whole span |
|---|---|---|---|---|---|---|
| Corn | 10 | 1.18 | 1.66 | 2.17 | 2018 (2.54) | 1.83 |
| Soybeans | 10 | 1.04 | 2.21 | 2.76 | 2024 (2.99) | 2.42 |
| Commodity | Premium | Indemnity | Liability | Planted | Lost | Policies | With a loss |
|---|---|---|---|---|---|---|---|
| Corn | $3,124,856 | $5,733,096 | $29,886,366 | 48,163 | 45,967 | 722 | 721 |
| Soybeans | $2,171,301 | $5,252,441 | $27,116,074 | 58,652 | 55,260 | 738 | 736 |
Causes that carried Marion County’s indemnity
Corn
- Drought $2,662,694 indemnity · 8 years
- Excess Moisture/Precipitation/Rain $1,559,449 indemnity · 8 years
- Wind/Excess Wind $312,678 indemnity · 4 years
- Decline in Price $277,760 indemnity · 8 years
- Hail $210,449 indemnity · 6 years
- Cold Wet Weather $190,153 indemnity · 8 years
Soybeans
- Drought $2,662,436 indemnity · 7 years
- Excess Moisture/Precipitation/Rain $1,532,082 indemnity · 10 years
- Flood $333,755 indemnity · 6 years
- Hail $319,305 indemnity · 5 years
- Decline in Price $247,467 indemnity · 7 years
- ARPI/SCO/ECO/STAX/MP/HIP-WI/PACE Crops Only $51,794 indemnity · 2 years
All county-crop bands in Iowa →
Source: USDA Risk Management Agency, Cause of Loss Summary of Business. Methodology.