Crop-loss band · Ohio
Wood County, Ohio — crop-loss band
- 0.70Low end of the filed band
- 1.19Middle of the filed band
- 2.76High end of the filed band
- 2019Worst year filed (7.20)
- 10Years filed
Every year the Risk Management Agency has filed for Wood 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 0.70 at the low end to 2.76 at the high end, with 1.19 in the middle. The worst year filed is 2019, at 7.20. 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 | $2,411,618 | $6,652,661 | $31,309,318 | 1,089 | 1,088 | 2.76 |
| 2016 | $1,026,678 | $1,497,982 | $14,000,720 | 393 | 389 | 1.46 |
| 2017 | $2,496,489 | $3,343,687 | $31,219,102 | 730 | 728 | 1.34 |
| 2018 | $983,276 | $1,167,231 | $12,121,772 | 350 | 346 | 1.19 |
| 2019 | $5,117,245 | $36,819,658 | $43,981,019 | 1,865 | 1,863 | 7.20 |
| 2020 | $3,262,468 | $2,833,255 | $45,786,249 | 852 | 852 | 0.87 |
| 2021 | $1,246,175 | $1,145,044 | $12,619,721 | 305 | 305 | 0.92 |
| 2022 | $4,402,864 | $3,072,332 | $48,223,820 | 748 | 748 | 0.70 |
| 2023 | $621,179 | $519,588 | $6,629,201 | 156 | 156 | 0.84 |
| 2024 | $4,496,423 | $8,249,272 | $54,677,985 | 1,189 | 1,189 | 1.83 |
Commodities insured in Wood 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.
Corn 10 years filed
- 0.86Low end of the filed band
- 1.14Middle of the filed band
- 2.70High end of the filed band
- 2019Worst year filed (8.35)
- 10Years filed
- $9,233,887Premium filed
- $30,893,865Indemnity paid
- $113,942,723Liability insured
- 226,146Quantity planted
- 193,146Quantity lost
- 2,651Policies
- 2,645Policies with a loss
- 3.35Loss ratio, whole span
Causes that carried the indemnity in Wood County
- Excess Moisture/Precipitation/Rain $26,559,734 indemnity · 10 years
- Drought $2,469,825 indemnity · 8 years
- Decline in Price $1,121,292 indemnity · 8 years
- Cold Wet Weather $296,105 indemnity · 6 years
- ARPI/SCO/STAX Crops Only $286,950 indemnity · 6 years
- Heat $96,179 indemnity · 3 years
Soybeans 10 years filed
- 0.49Low end of the filed band
- 1.14Middle of the filed band
- 2.51High end of the filed band
- 2019Worst year filed (6.62)
- 10Years filed
- $15,463,375Premium filed
- $30,388,091Indemnity paid
- $174,192,364Liability insured
- 397,042Quantity planted
- 326,846Quantity lost
- 4,108Policies
- 4,102Policies with a loss
- 1.97Loss ratio, whole span
Causes that carried the indemnity in Wood County
- Excess Moisture/Precipitation/Rain $22,155,376 indemnity · 10 years
- Drought $5,118,740 indemnity · 10 years
- Decline in Price $2,175,047 indemnity · 9 years
- ARPI/SCO/STAX Crops Only $368,162 indemnity · 2 years
- Heat $227,302 indemnity · 2 years
- Cold Wet Weather $163,985 indemnity · 6 years
Wheat 10 years filed
- 0.53Low end of the filed band
- 1.47Middle of the filed band
- 3.36High end of the filed band
- 2015Worst year filed (3.74)
- 10Years filed
- $1,367,153Premium filed
- $4,018,754Indemnity paid
- $12,433,818Liability insured
- 36,168Quantity planted
- 36,186Quantity lost
- 918Policies
- 917Policies with a loss
- 2.94Loss ratio, whole span
Causes that carried the indemnity in Wood County
- Excess Moisture/Precipitation/Rain $2,417,481 indemnity · 10 years
- Cold Wet Weather $831,154 indemnity · 7 years
- Mycotoxin $274,074 indemnity · 3 years
- Decline in Price $225,921 indemnity · 7 years
- ARPI/SCO/STAX Crops Only $127,700 indemnity · 3 years
- Cold Winter $63,964 indemnity · 4 years
Every county-crop the agency files in Ohio → Buy the Wood 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.