Crop-loss band · Oklahoma
Woods County, Oklahoma — crop-loss band
- 1.31Low end of the filed band
- 1.43Middle of the filed band
- 2.99High end of the filed band
- 2022Worst year filed (3.33)
- 10Years filed
Every year the Risk Management Agency has filed for Woods 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 1.31 at the low end to 2.99 at the high end, with 1.43 in the middle. The worst year filed is 2022, at 3.33. 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 | $1,491,634 | $2,128,765 | $6,969,542 | 587 | 585 | 1.43 |
| 2016 | $432,758 | $565,926 | $1,661,703 | 211 | 210 | 1.31 |
| 2017 | $591,035 | $1,012,084 | $2,591,400 | 231 | 230 | 1.71 |
| 2018 | $2,967,687 | $8,865,539 | $14,400,255 | 725 | 725 | 2.99 |
| 2019 | $420,011 | $564,743 | $1,642,977 | 134 | 134 | 1.34 |
| 2020 | $194,755 | $270,542 | $1,004,919 | 115 | 115 | 1.39 |
| 2021 | $795,828 | $1,392,577 | $3,606,035 | 317 | 317 | 1.75 |
| 2022 | $5,607,116 | $18,694,504 | $25,302,037 | 742 | 742 | 3.33 |
| 2023 | $8,278,224 | $21,441,064 | $32,065,879 | 697 | 697 | 2.59 |
| 2024 | $2,775,004 | $3,772,330 | $11,025,464 | 388 | 388 | 1.36 |
Commodities insured in Woods 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.
Wheat 10 years filed
- 1.02Low end of the filed band
- 1.63Middle of the filed band
- 3.03High end of the filed band
- 2022Worst year filed (3.50)
- 10Years filed
- $17,988,088Premium filed
- $46,675,575Indemnity paid
- $76,299,354Liability insured
- 446,863Quantity planted
- 447,046Quantity lost
- 2,462Policies
- 2,458Policies with a loss
- 2.59Loss ratio, whole span
Causes that carried the indemnity in Woods County
- Drought $41,631,871 indemnity · 10 years
- Decline in Price $2,400,983 indemnity · 8 years
- Excess Moisture/Precipitation/Rain $642,025 indemnity · 8 years
- Hail $553,184 indemnity · 7 years
- XX $415,241 indemnity · 5 years
- Freeze $315,171 indemnity · 7 years
Pasture,Rangeland,Forage 10 years filed
- 0.30Low end of the filed band
- 1.56Middle of the filed band
- 2.20High end of the filed band
- 2022Worst year filed (2.43)
- 10Years filed
- $2,888,426Premium filed
- $5,148,456Indemnity paid
- $12,881,271Liability insured
- 411,880Quantity planted
- 0Quantity lost
- 1,204Policies
- 1,204Policies with a loss
- 1.78Loss ratio, whole span
Causes that carried the indemnity in Woods County
- ARPI/SCO/STAX Crops Only $5,148,456 indemnity · 10 years
Annual Forage 9 years filed
- 0.91Low end of the filed band
- 1.85Middle of the filed band
- 2.39High end of the filed band
- 2023Worst year filed (2.39)
- 9Years filed
- $1,632,060Premium filed
- $3,676,812Indemnity paid
- $6,650,565Liability insured
- 41,941Quantity planted
- 0Quantity lost
- 191Policies
- 191Policies with a loss
- 2.25Loss ratio, whole span
Causes that carried the indemnity in Woods County
- ARPI/SCO/STAX Crops Only $3,676,812 indemnity · 9 years
Grain Sorghum 10 years filed
- 0.12Low end of the filed band
- 2.48Middle of the filed band
- 3.44High end of the filed band
- 2022Worst year filed (4.52)
- 10Years filed
- $512,519Premium filed
- $1,885,073Indemnity paid
- $2,443,228Liability insured
- 15,116Quantity planted
- 16,662Quantity lost
- 160Policies
- 160Policies with a loss
- 3.68Loss ratio, whole span
Causes that carried the indemnity in Woods County
- Drought $1,565,797 indemnity · 7 years
- Excess Moisture/Precipitation/Rain $153,624 indemnity · 6 years
- Decline in Price $82,704 indemnity · 3 years
- Heat $54,236 indemnity · 2 years
- Wind/Excess Wind $16,335 indemnity · 2 years
- Hot Wind $11,691 indemnity · 3 years
Soybeans 7 years filed
- 1.17Low end of the filed band
- 2.12Middle of the filed band
- 4.78High end of the filed band
- 2020Worst year filed (4.78)
- 7Years filed
- $263,556Premium filed
- $726,495Indemnity paid
- $1,209,743Liability insured
- 6,712Quantity planted
- 6,717Quantity lost
- 67Policies
- 67Policies with a loss
- 2.76Loss ratio, whole span
Causes that carried the indemnity in Woods County
- Drought $611,234 indemnity · 7 years
- Decline in Price $62,535 indemnity · 2 years
- Heat $51,966 indemnity · 2 years
- Excess Moisture/Precipitation/Rain $761 indemnity · 1 years
Canola 8 years filed
- 0.17Low end of the filed band
- 0.86Middle of the filed band
- 4.17High end of the filed band
- 2018Worst year filed (4.17)
- 8Years filed
- $269,403Premium filed
- $595,663Indemnity paid
- $786,050Liability insured
- 4,899Quantity planted
- 4,960Quantity lost
- 63Policies
- 63Policies with a loss
- 2.21Loss ratio, whole span
Causes that carried the indemnity in Woods County
- Drought $526,293 indemnity · 7 years
- Freeze $27,532 indemnity · 1 years
- Decline in Price $21,826 indemnity · 1 years
- XX $9,025 indemnity · 2 years
- Wind/Excess Wind $6,775 indemnity · 1 years
- Excess Moisture/Precipitation/Rain $2,874 indemnity · 2 years
Every county-crop the agency files in Oklahoma → Buy the Woods 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.