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Crop-loss band · Wisconsin
Lafayette County, Wisconsin — crop-loss band
- 0.72Low end of the band
- 1.48Middle of the band
- 2.43High end of the band
- 2019Worst year (4.11)
- 10Years filed
What stands out
- Between its 2023 and 2024 filings its loss ratio rose from 0.94 to 1.48 and its premium fell from $8,877,695 to $7,543,654.
- Its middle loss ratio of 1.48 ranks 58th highest of the 62 counties in Wisconsin with a filed crop-loss record.
- It insures 3 commodities, against a range of 2 to 7 across Wisconsin’s 62 county records.
- Across its 10 filed years it paid $27,562,728 of indemnity on $19,810,167 of premium, a loss ratio of 1.39.
- It ran a loss ratio above 1.0 in 8 of its 10 filed years; its lowest was 0.72 in 2016 and its highest 4.11 in 2019.
Every line is computed by formula from this county’s own filed figures; nothing is estimated.
Lafayette County by filed year
| Year | Premium | Indemnity | Liability | Policies | Policies with a loss | Loss ratio |
|---|---|---|---|---|---|---|
| 2015 | $568,886 | $646,403 | $4,611,198 | 113 | 113 | 1.14 |
| 2016 | $108,555 | $78,375 | $965,664 | 30 | 30 | 0.72 |
| 2017 | $470,745 | $1,095,241 | $4,419,769 | 146 | 146 | 2.33 |
| 2018 | $485,945 | $1,181,255 | $6,305,699 | 164 | 164 | 2.43 |
| 2019 | $730,202 | $2,997,524 | $7,290,888 | 204 | 203 | 4.11 |
| 2020 | $403,018 | $819,304 | $6,655,087 | 149 | 149 | 2.03 |
| 2021 | $425,541 | $1,020,679 | $5,093,545 | 89 | 89 | 2.40 |
| 2022 | $195,926 | $235,875 | $1,986,634 | 33 | 33 | 1.20 |
| 2023 | $8,877,695 | $8,311,988 | $96,185,702 | 577 | 577 | 0.94 |
| 2024 | $7,543,654 | $11,176,084 | $81,023,271 | 571 | 571 | 1.48 |
3 commodities insured in Lafayette County
| Commodity | Years | Low | Middle | High | Worst year | Whole span |
|---|---|---|---|---|---|---|
| Corn | 10 | 0.62 | 1.13 | 2.54 | 2019 (4.43) | 1.15 |
| Soybeans | 10 | 0.79 | 1.87 | 3.44 | 2018 (4.93) | 1.83 |
| Forage Production | 6 | 1.80 | 3.51 | 23.10 | 2023 (23.10) | 7.87 |
| Commodity | Premium | Indemnity | Liability | Planted | Lost | Policies | With a loss |
|---|---|---|---|---|---|---|---|
| Corn | $15,166,201 | $17,508,606 | $149,284,062 | 114,515 | 143,441 | 1,169 | 1,169 |
| Soybeans | $4,384,579 | $8,012,848 | $53,465,466 | 56,468 | 70,921 | 714 | 713 |
| Forage Production | $259,387 | $2,041,274 | $11,787,929 | 15,945 | 15,967 | 193 | 193 |
Causes that carried Lafayette County’s indemnity
Corn
- ARPI/SCO/ECO/STAX/MP/HIP-WI/PACE Crops Only $5,869,861 indemnity · 2 years
- Excess Moisture/Precipitation/Rain $5,415,089 indemnity · 10 years
- Drought $3,238,258 indemnity · 7 years
- Decline in Price $1,705,166 indemnity · 8 years
- Flood $752,375 indemnity · 4 years
- Wind/Excess Wind $300,750 indemnity · 7 years
Soybeans
- ARPI/SCO/STAX/MP Crops Only $4,328,079 indemnity · 3 years
- Drought $1,493,323 indemnity · 8 years
- Excess Moisture/Precipitation/Rain $1,297,757 indemnity · 9 years
- Decline in Price $480,238 indemnity · 5 years
- Flood $171,472 indemnity · 3 years
- Wind/Excess Wind $100,554 indemnity · 3 years
Forage Production
- ARPI/SCO/STAX/MP Crops Only $1,931,555 indemnity · 4 years
- Cold Winter $74,632 indemnity · 2 years
- Cold Wet Weather $16,104 indemnity · 2 years
- Excess Moisture/Precipitation/Rain $12,733 indemnity · 3 years
- Drought $6,251 indemnity · 1 years
All county-crop bands in Wisconsin →
Source: USDA Risk Management Agency, Cause of Loss Summary of Business. Methodology.