Crop-loss band · New Mexico
Chaves County, New Mexico — crop-loss band
- 1.24Low end of the filed band
- 1.88Middle of the filed band
- 2.47High end of the filed band
- 2020Worst year filed (3.84)
- 10Years filed
Every year the Risk Management Agency has filed for Chaves 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 1.24 at the low end to 2.47 at the high end, with 1.88 in the middle. The worst year filed is 2020, at 3.84. 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 | $45,612 | $56,373 | $154,399 | 2 | 2 | 1.24 |
| 2016 | $1,013,813 | $1,465,106 | $5,637,138 | 74 | 74 | 1.45 |
| 2017 | $1,121,766 | $1,769,503 | $3,918,666 | 128 | 128 | 1.58 |
| 2018 | $2,445,771 | $5,811,751 | $14,844,946 | 287 | 287 | 2.38 |
| 2019 | $2,968,482 | $6,500,103 | $13,187,130 | 275 | 275 | 2.19 |
| 2020 | $4,425,773 | $17,001,564 | $27,021,897 | 660 | 660 | 3.84 |
| 2021 | $4,959,544 | $10,224,558 | $16,530,385 | 610 | 610 | 2.06 |
| 2022 | $6,547,001 | $16,194,521 | $29,508,451 | 747 | 747 | 2.47 |
| 2023 | $7,065,749 | $13,314,813 | $25,619,976 | 1,031 | 1,031 | 1.88 |
| 2024 | $5,265,566 | $7,543,937 | $18,436,547 | 783 | 783 | 1.43 |
Commodities insured in Chaves 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.
Pasture,Rangeland,Forage 10 years filed
- 1.24Low end of the filed band
- 1.73Middle of the filed band
- 2.20High end of the filed band
- 2020Worst year filed (2.83)
- 10Years filed
- $29,133,391Premium filed
- $56,761,527Indemnity paid
- $105,183,915Liability insured
- 9,771,052Quantity planted
- 0Quantity lost
- 3,763Policies
- 3,763Policies with a loss
- 1.95Loss ratio, whole span
Causes that carried the indemnity in Chaves County
- ARPI/SCO/STAX Crops Only $56,761,527 indemnity · 10 years
Pecans 9 years filed
- 1.54Low end of the filed band
- 4.41Middle of the filed band
- 12.59High end of the filed band
- 2017Worst year filed (12.59)
- 9Years filed
- $2,060,742Premium filed
- $14,158,374Indemnity paid
- $33,972,049Liability insured
- 77,637Quantity planted
- 9,709Quantity lost
- 66Policies
- 66Policies with a loss
- 6.87Loss ratio, whole span
Causes that carried the indemnity in Chaves County
- Freeze $6,447,072 indemnity · 4 years
- Heat $3,145,247 indemnity · 1 years
- Cold Wet Weather $1,917,730 indemnity · 1 years
- Wind/Excess Wind $1,133,897 indemnity · 2 years
- Decline in Price $1,129,102 indemnity · 3 years
- Hail $194,762 indemnity · 6 years
Annual Forage 7 years filed
- 1.30Low end of the filed band
- 2.18Middle of the filed band
- 2.42High end of the filed band
- 2020Worst year filed (2.42)
- 7Years filed
- $4,664,944Premium filed
- $8,962,328Indemnity paid
- $15,703,571Liability insured
- 88,239Quantity planted
- 0Quantity lost
- 768Policies
- 768Policies with a loss
- 1.92Loss ratio, whole span
Causes that carried the indemnity in Chaves County
- ARPI/SCO/STAX/MP Crops Only $8,962,328 indemnity · 7 years
Every county-crop the agency files in New Mexico → Buy the Chaves 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.