Crop-loss band · New Mexico
Quay County, New Mexico — crop-loss band
- 1.24Low end of the filed band
- 1.83Middle of the filed band
- 2.18High end of the filed band
- 2022Worst year filed (2.27)
- 10Years filed
Every year the Risk Management Agency has filed for Quay County is in the series below, from 2016 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 2.18 at the high end, with 1.83 in the middle. The worst year filed is 2022, at 2.27. 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 | $1,584,394 | $2,068,763 | $2,511,217 | 103 | 103 | 1.31 |
| 2016 | $989,954 | $1,466,991 | $2,299,315 | 113 | 113 | 1.48 |
| 2017 | $1,757,280 | $3,380,958 | $3,931,021 | 161 | 161 | 1.92 |
| 2018 | $2,016,957 | $4,400,081 | $6,539,258 | 218 | 217 | 2.18 |
| 2019 | $2,262,403 | $3,422,403 | $6,939,593 | 235 | 235 | 1.51 |
| 2020 | $3,665,865 | $7,797,670 | $12,562,409 | 453 | 453 | 2.13 |
| 2021 | $6,106,480 | $13,330,386 | $17,515,068 | 529 | 529 | 2.18 |
| 2022 | $10,370,065 | $23,581,831 | $33,438,055 | 999 | 999 | 2.27 |
| 2023 | $11,755,657 | $21,510,221 | $36,104,231 | 986 | 986 | 1.83 |
| 2024 | $8,336,473 | $10,326,767 | $25,003,497 | 782 | 782 | 1.24 |
Commodities insured in Quay County
6 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 9 years filed
- 0.81Low end of the filed band
- 1.82Middle of the filed band
- 2.30High end of the filed band
- 2017Worst year filed (2.30)
- 9Years filed
- $14,088,987Premium filed
- $23,893,589Indemnity paid
- $54,066,750Liability insured
- 3,271,918Quantity planted
- 0Quantity lost
- 2,357Policies
- 2,357Policies with a loss
- 1.70Loss ratio, whole span
Causes that carried the indemnity in Quay County
- ARPI/SCO/STAX/MP Crops Only $23,893,589 indemnity · 9 years
Annual Forage 7 years filed
- 0.14Low end of the filed band
- 1.77Middle of the filed band
- 2.41High end of the filed band
- 2021Worst year filed (2.41)
- 7Years filed
- $10,706,025Premium filed
- $20,596,470Indemnity paid
- $41,193,318Liability insured
- 235,479Quantity planted
- 0Quantity lost
- 902Policies
- 902Policies with a loss
- 1.92Loss ratio, whole span
Causes that carried the indemnity in Quay County
- ARPI/SCO/STAX/MP Crops Only $20,596,470 indemnity · 7 years
Corn 9 years filed
- 3.04Low end of the filed band
- 3.57Middle of the filed band
- 7.34High end of the filed band
- 2015Worst year filed (7.34)
- 9Years filed
- $5,750,470Premium filed
- $19,525,879Indemnity paid
- $21,230,680Liability insured
- 44,501Quantity planted
- 44,501Quantity lost
- 221Policies
- 220Policies with a loss
- 3.40Loss ratio, whole span
Causes that carried the indemnity in Quay County
- Failure of Irrigation Supply $15,784,726 indemnity · 8 years
- ARPI/SCO/ECO/STAX/MP/HIP-WI/PACE Crops Only $1,129,674 indemnity · 3 years
- Failure of Irrigation Equipment $867,584 indemnity · 5 years
- Excess Moisture/Precipitation/Rain $810,405 indemnity · 3 years
- Heat $806,161 indemnity · 5 years
- Hot Wind $67,190 indemnity · 4 years
Wheat 10 years filed
- 1.19Low end of the filed band
- 1.42Middle of the filed band
- 2.24High end of the filed band
- 2022Worst year filed (2.71)
- 10Years filed
- $8,332,564Premium filed
- $13,910,163Indemnity paid
- $15,874,431Liability insured
- 251,706Quantity planted
- 251,808Quantity lost
- 686Policies
- 686Policies with a loss
- 1.67Loss ratio, whole span
Causes that carried the indemnity in Quay County
- Drought $11,531,954 indemnity · 10 years
- Hail $815,191 indemnity · 9 years
- Wind/Excess Wind $814,060 indemnity · 10 years
- ARPI/SCO/STAX/MP Crops Only $371,989 indemnity · 5 years
- Decline in Price $124,139 indemnity · 5 years
- Hot Wind $91,014 indemnity · 2 years
Cotton 10 years filed
- 1.04Low end of the filed band
- 1.24Middle of the filed band
- 2.07High end of the filed band
- 2016Worst year filed (2.52)
- 10Years filed
- $8,534,127Premium filed
- $10,582,311Indemnity paid
- $11,109,679Liability insured
- 42,603Quantity planted
- 42,922Quantity lost
- 216Policies
- 216Policies with a loss
- 1.24Loss ratio, whole span
Causes that carried the indemnity in Quay County
- Failure of Irrigation Supply $7,700,654 indemnity · 8 years
- Drought $1,476,305 indemnity · 9 years
- Failure of Irrigation Equipment $441,083 indemnity · 6 years
- Hot Wind $374,485 indemnity · 4 years
- Cold Wet Weather $251,183 indemnity · 1 years
- Hail $140,163 indemnity · 2 years
Grain Sorghum 10 years filed
- 1.10Low end of the filed band
- 1.52Middle of the filed band
- 2.51High end of the filed band
- 2022Worst year filed (2.77)
- 10Years filed
- $1,433,355Premium filed
- $2,777,659Indemnity paid
- $3,368,806Liability insured
- 43,832Quantity planted
- 43,737Quantity lost
- 197Policies
- 197Policies with a loss
- 1.94Loss ratio, whole span
Causes that carried the indemnity in Quay County
- Drought $2,340,839 indemnity · 10 years
- Hot Wind $124,877 indemnity · 8 years
- Failure of Irrigation Supply $112,255 indemnity · 8 years
- Heat $96,532 indemnity · 8 years
- Hail $62,225 indemnity · 3 years
- Wind/Excess Wind $23,316 indemnity · 4 years
Every county-crop the agency files in New Mexico → Buy the Quay 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.