Crop-loss band · Colorado

Millet in Colorado

1.89Low end of the filed band
2.10Middle of the filed band
2.86High end of the filed band
2022Worst year filed (3.00)
10Years filed

Every year the Risk Management Agency has filed for Millet in Colorado, summed across the 14 counties that insure it. The annual loss ratio — indemnity divided by premium — runs from 1.89 at the low end to 2.86 at the high end, with 2.10 in the middle. The worst year filed is 2022, at 3.00.

$28,631,249Premium filed
$71,471,946Indemnity paid
$118,062,931Liability insured
6,589Policies
6,582Policies with a loss
1,129,821Quantity planted
1,130,633Quantity lost

Millet in Colorado, year by year

Year	Premium	Indemnity	Liability	Policies	Policies with a loss	Loss ratio
2015	$508,312	$1,076,310	$2,036,991	261	261	2.12
2016	$827,918	$1,629,699	$3,237,550	346	343	1.97
2017	$711,142	$1,496,019	$2,724,416	405	405	2.10
2018	$1,397,620	$2,657,009	$5,074,814	540	540	1.90
2019	$980,875	$2,069,685	$4,098,730	419	417	2.11
2020	$5,406,735	$15,489,807	$24,095,363	1,252	1,252	2.86
2021	$3,589,013	$6,951,660	$15,045,018	820	818	1.94
2022	$9,293,815	$27,894,184	$39,946,468	1,359	1,359	3.00
2023	$3,152,394	$5,963,513	$10,999,515	457	457	1.89
2024	$2,763,425	$6,244,060	$10,804,067	730	730	2.26

Every county-crop the agency files in Colorado → Buy one county-crop’s 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, summed to the commodity and state. The loss ratio is the agency’s own published column, re-derived at this grain.