Crop-loss band · Oklahoma
Woodward County, Oklahoma — crop-loss band
- 1.04Low end of the filed band
- 1.57Middle of the filed band
- 2.64High end of the filed band
- 2022Worst year filed (3.30)
- 10Years filed
Every year the Risk Management Agency has filed for Woodward 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 1.04 at the low end to 2.64 at the high end, with 1.57 in the middle. The worst year filed is 2022, at 3.30. 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 | $681,887 | $1,123,911 | $2,445,770 | 162 | 162 | 1.65 |
| 2016 | $398,123 | $625,198 | $1,334,901 | 102 | 100 | 1.57 |
| 2017 | $274,095 | $630,428 | $1,086,831 | 93 | 93 | 2.30 |
| 2018 | $798,638 | $2,112,324 | $3,228,772 | 164 | 164 | 2.64 |
| 2019 | $264,048 | $275,388 | $1,018,305 | 80 | 80 | 1.04 |
| 2020 | $238,287 | $339,065 | $1,169,101 | 108 | 108 | 1.42 |
| 2021 | $516,491 | $759,958 | $2,056,768 | 164 | 164 | 1.47 |
| 2022 | $1,169,857 | $3,865,301 | $4,741,655 | 229 | 229 | 3.30 |
| 2023 | $2,170,180 | $4,815,335 | $7,829,215 | 285 | 285 | 2.22 |
| 2024 | $834,049 | $1,224,509 | $3,485,990 | 230 | 230 | 1.47 |
Commodities insured in Woodward 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.
Wheat 10 years filed
- 1.43Low end of the filed band
- 1.76Middle of the filed band
- 3.00High end of the filed band
- 2022Worst year filed (4.07)
- 10Years filed
- $3,672,703Premium filed
- $9,584,898Indemnity paid
- $12,876,507Liability insured
- 118,122Quantity planted
- 118,248Quantity lost
- 594Policies
- 592Policies with a loss
- 2.61Loss ratio, whole span
Causes that carried the indemnity in Woodward County
- Drought $8,937,798 indemnity · 10 years
- Hail $235,924 indemnity · 4 years
- Excess Moisture/Precipitation/Rain $107,872 indemnity · 4 years
- Decline in Price $91,708 indemnity · 7 years
- ARPI/SCO/STAX Crops Only $68,679 indemnity · 2 years
- XX $62,510 indemnity · 3 years
Pasture,Rangeland,Forage 10 years filed
- 0.73Low end of the filed band
- 1.40Middle of the filed band
- 2.27High end of the filed band
- 2022Worst year filed (2.28)
- 10Years filed
- $2,728,591Premium filed
- $4,254,243Indemnity paid
- $11,763,734Liability insured
- 349,296Quantity planted
- 0Quantity lost
- 950Policies
- 950Policies with a loss
- 1.56Loss ratio, whole span
Causes that carried the indemnity in Woodward County
- ARPI/SCO/STAX Crops Only $4,254,243 indemnity · 10 years
Annual Forage 7 years filed
- 0.09Low end of the filed band
- 1.22Middle of the filed band
- 2.51High end of the filed band
- 2018Worst year filed (2.51)
- 7Years filed
- $944,361Premium filed
- $1,932,276Indemnity paid
- $3,757,067Liability insured
- 15,821Quantity planted
- 0Quantity lost
- 73Policies
- 73Policies with a loss
- 2.05Loss ratio, whole span
Causes that carried the indemnity in Woodward County
- ARPI/SCO/STAX/MP Crops Only $1,932,276 indemnity · 7 years
Every county-crop the agency files in Oklahoma → Buy the Woodward 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.