Crop-loss band · Illinois
Corn in Illinois
- 0.84Low end of the filed band
- 0.98Middle of the filed band
- 2.31High end of the filed band
- 2019Worst year filed (3.07)
- 10Years filed
Every year the Risk Management Agency has filed for Corn in Illinois, summed across the 101 counties that insure it. The annual loss ratio — indemnity divided by premium — runs from 0.84 at the low end to 2.31 at the high end, with 0.98 in the middle. The worst year filed is 2019, at 3.07.
- $1,145,979,014Premium filed
- $1,674,730,727Indemnity paid
- $13,502,260,754Liability insured
- 172,594Policies
- 171,870Policies with a loss
- 18,610,293Quantity planted
- 15,920,299Quantity lost
Corn in Illinois, year by year
| Year | Premium | Indemnity | Liability | Policies | Policies with a loss | Loss ratio |
|---|---|---|---|---|---|---|
| 2015 | $139,461,191 | $321,946,714 | $1,619,835,838 | 24,113 | 24,005 | 2.31 |
| 2016 | $67,170,878 | $65,551,188 | $532,491,179 | 10,879 | 10,703 | 0.98 |
| 2017 | $146,793,911 | $122,938,387 | $1,640,494,375 | 25,768 | 25,488 | 0.84 |
| 2018 | $27,618,712 | $39,397,493 | $319,075,905 | 5,589 | 5,574 | 1.43 |
| 2019 | $155,536,867 | $477,642,827 | $1,804,343,006 | 29,974 | 29,869 | 3.07 |
| 2020 | $124,055,586 | $104,495,054 | $1,946,822,228 | 23,145 | 23,110 | 0.84 |
| 2021 | $65,574,339 | $74,710,546 | $739,949,376 | 9,469 | 9,466 | 1.14 |
| 2022 | $36,858,650 | $34,709,409 | $337,190,342 | 4,284 | 4,284 | 0.94 |
| 2023 | $262,675,381 | $323,501,140 | $3,175,880,254 | 24,893 | 24,891 | 1.23 |
| 2024 | $120,233,500 | $109,837,969 | $1,386,178,252 | 14,480 | 14,480 | 0.91 |
Every county-crop the agency files in Illinois → 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.