Crop-loss band · Iowa
Mitchell County, Iowa — crop-loss band
- 0.75Low end of the filed band
- 2.07Middle of the filed band
- 2.91High end of the filed band
- 2023Worst year filed (3.55)
- 10Years filed
Every year the Risk Management Agency has filed for Mitchell 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 0.75 at the low end to 2.91 at the high end, with 2.07 in the middle. The worst year filed is 2023, at 3.55. 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 | $142,536 | $295,236 | $2,261,301 | 44 | 44 | 2.07 |
| 2016 | $99,411 | $257,735 | $1,901,843 | 43 | 43 | 2.59 |
| 2017 | $641,062 | $951,056 | $9,414,566 | 202 | 200 | 1.48 |
| 2018 | $2,013,904 | $4,275,056 | $34,340,671 | 428 | 424 | 2.12 |
| 2019 | $909,372 | $2,213,692 | $14,092,625 | 234 | 234 | 2.43 |
| 2020 | $347,160 | $1,010,662 | $5,342,317 | 69 | 69 | 2.91 |
| 2021 | $909,392 | $679,694 | $11,796,918 | 160 | 158 | 0.75 |
| 2022 | $75,697 | $133,934 | $947,098 | 25 | 25 | 1.77 |
| 2023 | $11,622,837 | $41,242,924 | $170,550,368 | 1,326 | 1,326 | 3.55 |
| 2024 | $2,150,284 | $2,992,624 | $24,623,772 | 323 | 323 | 1.39 |
Commodities insured in Mitchell 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
- 1.24Low end of the filed band
- 2.17Middle of the filed band
- 3.08High end of the filed band
- 2023Worst year filed (3.71)
- 10Years filed
- $12,267,931Premium filed
- $39,992,213Indemnity paid
- $183,541,564Liability insured
- 197,171Quantity planted
- 198,849Quantity lost
- 1,368Policies
- 1,364Policies with a loss
- 3.26Loss ratio, whole span
Causes that carried the indemnity in Mitchell County
- Drought $28,270,330 indemnity · 8 years
- Excess Moisture/Precipitation/Rain $3,661,113 indemnity · 9 years
- ARPI/SCO/STAX/MP Crops Only $3,473,880 indemnity · 3 years
- Decline in Price $2,511,785 indemnity · 7 years
- Hail $867,426 indemnity · 6 years
- Wind/Excess Wind $624,335 indemnity · 5 years
Soybeans 10 years filed
- 0.55Low end of the filed band
- 1.68Middle of the filed band
- 2.48High end of the filed band
- 2023Worst year filed (3.02)
- 10Years filed
- $6,643,724Premium filed
- $14,060,400Indemnity paid
- $91,729,915Liability insured
- 157,252Quantity planted
- 158,284Quantity lost
- 1,486Policies
- 1,482Policies with a loss
- 2.12Loss ratio, whole span
Causes that carried the indemnity in Mitchell County
- Drought $7,954,944 indemnity · 9 years
- Excess Moisture/Precipitation/Rain $2,484,013 indemnity · 8 years
- ARPI/SCO/STAX/MP Crops Only $1,439,644 indemnity · 4 years
- Decline in Price $684,423 indemnity · 8 years
- Hail $597,696 indemnity · 8 years
- Cold Wet Weather $377,384 indemnity · 7 years
Every county-crop the agency files in Iowa → Buy the Mitchell 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.