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Crop-loss band · Oklahoma
Garfield County, Oklahoma — crop-loss band
- 1.08Low end of the band
- 2.10Middle of the band
- 2.66High end of the band
- 2022Worst year (3.11)
- 10Years filed
Garfield County by filed year
| Year | Premium | Indemnity | Liability | Policies | Policies with a loss | Loss ratio |
|---|---|---|---|---|---|---|
| 2015 | $5,041,246 | $10,409,420 | $28,173,088 | 1,588 | 1,586 | 2.06 |
| 2016 | $1,842,202 | $1,991,653 | $6,855,855 | 448 | 447 | 1.08 |
| 2017 | $1,750,990 | $2,793,197 | $7,023,358 | 519 | 518 | 1.60 |
| 2018 | $2,503,718 | $5,153,273 | $16,103,920 | 1,051 | 1,047 | 2.06 |
| 2019 | $1,612,084 | $3,613,455 | $7,549,757 | 497 | 496 | 2.24 |
| 2020 | $539,585 | $1,341,755 | $2,617,279 | 208 | 208 | 2.49 |
| 2021 | $2,208,390 | $4,644,641 | $8,753,001 | 401 | 401 | 2.10 |
| 2022 | $8,530,180 | $26,550,396 | $44,073,337 | 1,125 | 1,125 | 3.11 |
| 2023 | $11,609,206 | $30,906,079 | $59,856,664 | 1,549 | 1,549 | 2.66 |
| 2024 | $6,523,156 | $14,536,922 | $30,540,675 | 914 | 914 | 2.23 |
7 commodities insured in Garfield County
| Commodity | Years | Low | Middle | High | Worst year | Whole span |
|---|---|---|---|---|---|---|
| Wheat | 10 | 1.54 | 2.12 | 2.85 | 2021 (3.31) | 2.47 |
| Soybeans | 10 | 0.56 | 2.17 | 3.05 | 2024 (3.34) | 2.62 |
| Corn | 9 | 0.68 | 1.26 | 3.73 | 2022 (3.73) | 1.92 |
| Grain Sorghum | 10 | 1.10 | 2.11 | 2.85 | 2022 (4.35) | 2.33 |
| Canola | 10 | 0.97 | 2.42 | 4.10 | 2021 (4.75) | 2.34 |
| Annual Forage | 10 | 0.21 | 1.85 | 2.35 | 2023 (2.60) | 2.32 |
| Pasture,Rangeland,Forage | 10 | 0.27 | 1.85 | 2.44 | 2024 (2.64) | 1.80 |
| Commodity | Premium | Indemnity | Liability | Planted | Lost | Policies | With a loss |
|---|---|---|---|---|---|---|---|
| Wheat | $21,572,466 | $53,303,090 | $129,522,733 | 700,587 | 701,162 | 4,865 | 4,859 |
| Soybeans | $10,232,070 | $26,775,268 | $39,173,404 | 234,095 | 237,343 | 1,290 | 1,290 |
| Corn | $5,097,428 | $9,797,817 | $20,553,662 | 77,044 | 76,613 | 335 | 335 |
| Grain Sorghum | $2,984,455 | $6,943,106 | $12,225,447 | 79,532 | 81,662 | 840 | 840 |
| Canola | $1,500,156 | $3,508,982 | $5,892,457 | 38,006 | 39,601 | 452 | 449 |
| Annual Forage | $424,062 | $982,281 | $2,215,128 | 20,157 | 0 | 131 | 131 |
| Pasture,Rangeland,Forage | $350,120 | $630,247 | $1,964,103 | 44,912 | 0 | 387 | 387 |
Causes that carried Garfield County’s indemnity
Wheat
- Drought $42,450,330 indemnity · 9 years
- Excess Moisture/Precipitation/Rain $5,136,706 indemnity · 9 years
- Decline in Price $1,931,736 indemnity · 9 years
- Freeze $1,050,778 indemnity · 7 years
- XX $832,539 indemnity · 5 years
- ARPI/SCO/STAX Crops Only $756,559 indemnity · 2 years
Soybeans
- Drought $20,201,742 indemnity · 10 years
- Excess Moisture/Precipitation/Rain $4,247,381 indemnity · 10 years
- Heat $1,217,705 indemnity · 5 years
- ARPI/SCO/ECO/STAX/MP/HIP WI Crops Only $532,224 indemnity · 4 years
- Decline in Price $460,580 indemnity · 10 years
- XX $39,990 indemnity · 2 years
Corn
- Drought $7,435,893 indemnity · 9 years
- Heat $1,071,952 indemnity · 5 years
- Decline in Price $945,450 indemnity · 7 years
- Excess Moisture/Precipitation/Rain $145,100 indemnity · 5 years
- ARPI/SCO/STAX/MP Crops Only $110,791 indemnity · 4 years
- Mycotoxin $21,941 indemnity · 1 years
Grain Sorghum
- Drought $4,431,209 indemnity · 10 years
- Excess Moisture/Precipitation/Rain $882,659 indemnity · 9 years
- Heat $727,205 indemnity · 6 years
- Decline in Price $610,910 indemnity · 9 years
- ARPI/SCO/STAX Crops Only $126,979 indemnity · 6 years
- Cold Wet Weather $47,072 indemnity · 3 years
Canola
- Drought $2,081,228 indemnity · 7 years
- Excess Moisture/Precipitation/Rain $718,540 indemnity · 6 years
- Freeze $334,026 indemnity · 5 years
- Decline in Price $113,032 indemnity · 4 years
- Hail $76,765 indemnity · 1 years
- XX $63,764 indemnity · 2 years
Annual Forage
- ARPI/SCO/STAX Crops Only $982,281 indemnity · 10 years
Pasture,Rangeland,Forage
- ARPI/SCO/STAX Crops Only $630,247 indemnity · 10 years
All county-crop bands in Oklahoma →
Source: USDA Risk Management Agency, Cause of Loss Summary of Business. Methodology.