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Crop-loss band · Nebraska
Sarpy County, Nebraska — crop-loss band
- 1.62Low end of the band
- 2.14Middle of the band
- 3.70High end of the band
- 2019Worst year (4.42)
- 10Years filed
What stands out
- Between its 2023 and 2024 filings its loss ratio rose from 2.01 to 2.14 and its premium fell from $1,598,628 to $518,610.
- Its middle loss ratio of 2.14 ranks 54th highest of the 88 counties in Nebraska with a filed crop-loss record.
- Its 2 commodities are the fewest of Nebraska’s 88 county records; the most is 10.
- Across its 10 filed years it paid $9,863,443 of indemnity on $4,229,736 of premium, a loss ratio of 2.33.
- Every one of its 10 filed years ran a loss ratio above 1.0; its lowest was 1.62 in 2017 and its highest 4.42 in 2019.
Every line is computed by formula from this county’s own filed figures; nothing is estimated.
Sarpy County by filed year
| Year | Premium | Indemnity | Liability | Policies | Policies with a loss | Loss ratio |
|---|---|---|---|---|---|---|
| 2015 | $140,554 | $460,730 | $1,845,537 | 60 | 59 | 3.28 |
| 2016 | $123,604 | $302,603 | $1,345,251 | 61 | 60 | 2.45 |
| 2017 | $140,606 | $227,302 | $1,800,603 | 53 | 53 | 1.62 |
| 2018 | $195,925 | $725,458 | $2,326,395 | 88 | 88 | 3.70 |
| 2019 | $258,918 | $1,144,925 | $2,066,980 | 103 | 102 | 4.42 |
| 2020 | $149,502 | $380,618 | $2,300,658 | 84 | 84 | 2.55 |
| 2021 | $33,975 | $59,715 | $523,633 | 17 | 17 | 1.76 |
| 2022 | $1,069,414 | $2,233,892 | $12,848,382 | 218 | 218 | 2.09 |
| 2023 | $1,598,628 | $3,216,003 | $20,867,788 | 276 | 276 | 2.01 |
| 2024 | $518,610 | $1,112,197 | $5,734,955 | 118 | 118 | 2.14 |
2 commodities insured in Sarpy County
| Commodity | Years | Low | Middle | High | Worst year | Whole span |
|---|---|---|---|---|---|---|
| Corn | 10 | 1.61 | 1.86 | 3.52 | 2019 (4.27) | 2.02 |
| Soybeans | 10 | 1.63 | 2.58 | 4.20 | 2019 (4.75) | 2.77 |
| Commodity | Premium | Indemnity | Liability | Planted | Lost | Policies | With a loss |
|---|---|---|---|---|---|---|---|
| Corn | $2,460,773 | $4,960,350 | $27,160,759 | 35,746 | 35,383 | 486 | 484 |
| Soybeans | $1,768,963 | $4,903,093 | $24,499,423 | 44,462 | 43,965 | 592 | 591 |
Causes that carried Sarpy County’s indemnity
Corn
- Drought $2,004,350 indemnity · 7 years
- Excess Moisture/Precipitation/Rain $1,281,683 indemnity · 7 years
- Decline in Price $461,061 indemnity · 8 years
- Flood $428,773 indemnity · 5 years
- Heat $315,152 indemnity · 3 years
- ARPI/SCO/ECO/STAX/MP/HIP-WI/PACE Crops Only $190,551 indemnity · 3 years
Soybeans
- Drought $2,322,616 indemnity · 7 years
- Excess Moisture/Precipitation/Rain $990,273 indemnity · 8 years
- Heat $637,108 indemnity · 5 years
- Decline in Price $397,847 indemnity · 9 years
- Flood $308,074 indemnity · 5 years
- ARPI/SCO/ECO/STAX/MP/HIP-WI/PACE Crops Only $116,206 indemnity · 3 years
All county-crop bands in Nebraska →
Source: USDA Risk Management Agency, Cause of Loss Summary of Business. Methodology.