Crop-loss band · Michigan
Menominee County, Michigan — crop-loss band
- 1.52Low end of the filed band
- 1.76Middle of the filed band
- 2.27High end of the filed band
- 2017Worst year filed (2.42)
- 10Years filed
Every year the Risk Management Agency has filed for Menominee County is in the series below, from 2015 to 2023. Read across those years the county’s annual loss ratio — indemnity divided by premium — runs from 1.52 at the low end to 2.27 at the high end, with 1.76 in the middle. The worst year filed is 2017, at 2.42. 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 | $159,667 | $243,494 | $328,789 | 40 | 40 | 1.53 |
| 2016 | $311,318 | $473,842 | $1,007,739 | 26 | 26 | 1.52 |
| 2017 | $898,834 | $2,174,612 | $2,988,478 | 89 | 89 | 2.42 |
| 2018 | $48,457 | $85,096 | $163,984 | 12 | 12 | 1.76 |
| 2019 | $1,053,891 | $2,275,638 | $3,740,009 | 80 | 80 | 2.16 |
| 2020 | $52,309 | $100,475 | $147,883 | 14 | 14 | 1.92 |
| 2021 | $479,737 | $1,090,084 | $1,879,450 | 26 | 26 | 2.27 |
| 2022 | $1,651,475 | $3,103,653 | $6,842,409 | 58 | 58 | 1.88 |
| 2023 | $295,079 | $520,098 | $1,253,020 | 36 | 36 | 1.76 |
| 2024 | $1,402,465 | $2,379,355 | $5,043,101 | 53 | 53 | 1.70 |
Commodities insured in Menominee County
3 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
- 0.60Low end of the filed band
- 1.57Middle of the filed band
- 2.16High end of the filed band
- 2017Worst year filed (2.39)
- 10Years filed
- $5,350,800Premium filed
- $9,766,050Indemnity paid
- $18,560,670Liability insured
- 48,872Quantity planted
- 48,971Quantity lost
- 271Policies
- 271Policies with a loss
- 1.83Loss ratio, whole span
Causes that carried the indemnity in Menominee County
- Excess Moisture/Precipitation/Rain $4,481,913 indemnity · 9 years
- Drought $3,208,463 indemnity · 8 years
- Heat $1,667,740 indemnity · 3 years
- Decline in Price $191,689 indemnity · 5 years
- Hot Wind $67,676 indemnity · 2 years
- Insects $41,651 indemnity · 1 years
Soybeans 10 years filed
- 1.70Low end of the filed band
- 2.13Middle of the filed band
- 2.85High end of the filed band
- 2022Worst year filed (3.87)
- 10Years filed
- $625,172Premium filed
- $1,604,642Indemnity paid
- $2,732,617Liability insured
- 11,287Quantity planted
- 11,301Quantity lost
- 93Policies
- 93Policies with a loss
- 2.57Loss ratio, whole span
Causes that carried the indemnity in Menominee County
- Excess Moisture/Precipitation/Rain $629,907 indemnity · 10 years
- Drought $622,281 indemnity · 8 years
- Wildlife $157,718 indemnity · 7 years
- Hot Wind $72,652 indemnity · 2 years
- Hail $50,606 indemnity · 1 years
- Cold Wet Weather $34,554 indemnity · 3 years
Forage Production 9 years filed
- 1.13Low end of the filed band
- 2.44Middle of the filed band
- 4.23High end of the filed band
- 2016Worst year filed (4.23)
- 9Years filed
- $377,260Premium filed
- $1,075,655Indemnity paid
- $2,101,575Liability insured
- 8,279Quantity planted
- 8,042Quantity lost
- 70Policies
- 70Policies with a loss
- 2.85Loss ratio, whole span
Causes that carried the indemnity in Menominee County
- Drought $914,489 indemnity · 6 years
- Cold Wet Weather $76,591 indemnity · 3 years
- Excess Moisture/Precipitation/Rain $73,162 indemnity · 6 years
- Heat $7,343 indemnity · 1 years
- Wildlife $4,072 indemnity · 1 years
Every county-crop the agency files in Michigan → Buy the Menominee 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.