Crop-loss band · Mississippi
Madison County, Mississippi — crop-loss band
- 1.58Low end of the filed band
- 2.31Middle of the filed band
- 3.02High end of the filed band
- 2023Worst year filed (3.46)
- 10Years filed
Every year the Risk Management Agency has filed for Madison 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 1.58 at the low end to 3.02 at the high end, with 2.31 in the middle. The worst year filed is 2023, at 3.46. 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 | $419,663 | $968,785 | $3,908,564 | 44 | 44 | 2.31 |
| 2016 | $252,267 | $567,558 | $3,157,941 | 44 | 42 | 2.25 |
| 2017 | $133,271 | $222,440 | $1,156,912 | 22 | 22 | 1.67 |
| 2018 | $196,551 | $339,145 | $1,148,678 | 17 | 17 | 1.73 |
| 2019 | $297,089 | $819,447 | $2,679,698 | 33 | 33 | 2.76 |
| 2020 | $78,392 | $236,412 | $1,229,297 | 21 | 21 | 3.02 |
| 2021 | $152,480 | $414,686 | $1,461,183 | 24 | 24 | 2.72 |
| 2022 | $486,270 | $1,359,873 | $3,936,818 | 25 | 25 | 2.80 |
| 2023 | $394,914 | $1,367,666 | $5,248,660 | 41 | 41 | 3.46 |
| 2024 | $452,793 | $715,298 | $3,394,373 | 34 | 34 | 1.58 |
Commodities insured in Madison 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.
Soybeans 10 years filed
- 0.99Low end of the filed band
- 2.07Middle of the filed band
- 3.56High end of the filed band
- 2019Worst year filed (3.65)
- 10Years filed
- $1,196,630Premium filed
- $2,724,979Indemnity paid
- $9,096,715Liability insured
- 32,604Quantity planted
- 29,126Quantity lost
- 132Policies
- 131Policies with a loss
- 2.28Loss ratio, whole span
Causes that carried the indemnity in Madison County
- Drought $1,001,002 indemnity · 7 years
- Excess Moisture/Precipitation/Rain $787,532 indemnity · 9 years
- Wildlife $586,537 indemnity · 9 years
- Heat $267,235 indemnity · 2 years
- Decline in Price $46,324 indemnity · 5 years
- Flood $33,380 indemnity · 2 years
Corn 10 years filed
- 1.38Low end of the filed band
- 3.01Middle of the filed band
- 4.38High end of the filed band
- 2021Worst year filed (5.88)
- 10Years filed
- $726,049Premium filed
- $2,290,300Indemnity paid
- $11,218,566Liability insured
- 30,328Quantity planted
- 24,478Quantity lost
- 124Policies
- 123Policies with a loss
- 3.15Loss ratio, whole span
Causes that carried the indemnity in Madison County
- Excess Moisture/Precipitation/Rain $1,488,552 indemnity · 10 years
- Drought $583,850 indemnity · 5 years
- Heat $87,112 indemnity · 1 years
- Decline in Price $70,635 indemnity · 2 years
- Cold Wet Weather $25,782 indemnity · 2 years
- Flood $21,492 indemnity · 1 years
Cotton 9 years filed
- 0.40Low end of the filed band
- 2.82Middle of the filed band
- 5.67High end of the filed band
- 2016Worst year filed (5.67)
- 9Years filed
- $941,011Premium filed
- $1,996,031Indemnity paid
- $7,006,843Liability insured
- 9,225Quantity planted
- 19,934Quantity lost
- 49Policies
- 49Policies with a loss
- 2.12Loss ratio, whole span
Causes that carried the indemnity in Madison County
- ARPI/SCO/STAX/MP Crops Only $869,528 indemnity · 4 years
- Heat $499,486 indemnity · 2 years
- Drought $232,496 indemnity · 4 years
- Excess Moisture/Precipitation/Rain $202,722 indemnity · 8 years
- Wildlife $191,799 indemnity · 4 years
Every county-crop the agency files in Mississippi → Buy the Madison 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.