Crop-loss band · Michigan
Midland County, Michigan — crop-loss band
- 1.35Low end of the filed band
- 1.83Middle of the filed band
- 2.89High end of the filed band
- 2021Worst year filed (3.02)
- 10Years filed
Every year the Risk Management Agency has filed for Midland 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 1.35 at the low end to 2.89 at the high end, with 1.83 in the middle. The worst year filed is 2021, at 3.02. 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 | $323,985 | $541,706 | $2,301,374 | 77 | 77 | 1.67 |
| 2016 | $149,481 | $274,120 | $996,342 | 46 | 46 | 1.83 |
| 2017 | $549,146 | $878,629 | $4,560,453 | 146 | 146 | 1.60 |
| 2018 | $297,581 | $698,282 | $2,796,154 | 99 | 99 | 2.35 |
| 2019 | $724,304 | $2,096,357 | $6,219,934 | 224 | 224 | 2.89 |
| 2020 | $437,446 | $591,082 | $4,417,472 | 124 | 124 | 1.35 |
| 2021 | $230,707 | $696,802 | $1,965,813 | 57 | 57 | 3.02 |
| 2022 | $398,673 | $893,686 | $3,779,567 | 95 | 95 | 2.24 |
| 2023 | $879,295 | $1,685,231 | $8,881,632 | 143 | 143 | 1.92 |
| 2024 | $615,332 | $1,095,171 | $7,122,742 | 135 | 135 | 1.78 |
Commodities insured in Midland County
4 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.
Soybeans 10 years filed
- 1.49Low end of the filed band
- 1.81Middle of the filed band
- 3.04High end of the filed band
- 2019Worst year filed (3.59)
- 10Years filed
- $1,956,806Premium filed
- $4,069,666Indemnity paid
- $18,764,547Liability insured
- 40,672Quantity planted
- 44,311Quantity lost
- 503Policies
- 503Policies with a loss
- 2.08Loss ratio, whole span
Causes that carried the indemnity in Midland County
- Excess Moisture/Precipitation/Rain $1,781,701 indemnity · 10 years
- Drought $1,369,496 indemnity · 10 years
- ARPI/SCO/STAX/MP Crops Only $362,049 indemnity · 4 years
- Decline in Price $280,474 indemnity · 7 years
- Wildlife $205,453 indemnity · 7 years
- Cold Wet Weather $27,449 indemnity · 6 years
Corn 10 years filed
- 0.84Low end of the filed band
- 2.10Middle of the filed band
- 2.80High end of the filed band
- 2022Worst year filed (2.87)
- 10Years filed
- $1,880,976Premium filed
- $3,522,734Indemnity paid
- $18,760,975Liability insured
- 26,375Quantity planted
- 30,257Quantity lost
- 378Policies
- 378Policies with a loss
- 1.87Loss ratio, whole span
Causes that carried the indemnity in Midland County
- Excess Moisture/Precipitation/Rain $1,818,589 indemnity · 9 years
- Drought $931,999 indemnity · 9 years
- ARPI/SCO/STAX/MP Crops Only $455,058 indemnity · 6 years
- Decline in Price $277,367 indemnity · 6 years
- Cold Wet Weather $22,667 indemnity · 4 years
- Wildlife $4,929 indemnity · 2 years
Dry Beans 10 years filed
- 0.49Low end of the filed band
- 2.87Middle of the filed band
- 3.74High end of the filed band
- 2018Worst year filed (4.86)
- 10Years filed
- $457,565Premium filed
- $1,034,266Indemnity paid
- $2,994,313Liability insured
- 7,643Quantity planted
- 7,670Quantity lost
- 117Policies
- 117Policies with a loss
- 2.26Loss ratio, whole span
Causes that carried the indemnity in Midland County
- Excess Moisture/Precipitation/Rain $792,673 indemnity · 9 years
- Drought $179,691 indemnity · 7 years
- Flood $24,350 indemnity · 1 years
- Wildlife $22,161 indemnity · 3 years
- Frost $5,287 indemnity · 1 years
- Cold Wet Weather $4,735 indemnity · 1 years
Wheat 10 years filed
- 1.51Low end of the filed band
- 2.91Middle of the filed band
- 4.30High end of the filed band
- 2015Worst year filed (6.50)
- 10Years filed
- $310,604Premium filed
- $824,400Indemnity paid
- $2,521,648Liability insured
- 8,133Quantity planted
- 8,174Quantity lost
- 148Policies
- 148Policies with a loss
- 2.65Loss ratio, whole span
Causes that carried the indemnity in Midland County
- Excess Moisture/Precipitation/Rain $360,115 indemnity · 10 years
- Cold Wet Weather $150,390 indemnity · 7 years
- Drought $129,881 indemnity · 5 years
- Cold Winter $52,308 indemnity · 3 years
- Falling Numbers $32,310 indemnity · 1 years
- Decline in Price $30,856 indemnity · 3 years
Every county-crop the agency files in Michigan → Buy the Midland 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.