Crop-loss band · Indiana
Soybeans in Indiana
- 1.09Low end of the filed band
- 1.30Middle of the filed band
- 2.65High end of the filed band
- 2019Worst year filed (2.90)
- 10Years filed
Every year the Risk Management Agency has filed for Soybeans in Indiana, summed across the 90 counties that insure it. The annual loss ratio — indemnity divided by premium — runs from 1.09 at the low end to 2.65 at the high end, with 1.30 in the middle. The worst year filed is 2019, at 2.90.
- $343,036,028Premium filed
- $626,283,286Indemnity paid
- $4,529,962,980Liability insured
- 75,007Policies
- 74,742Policies with a loss
- 9,328,933Quantity planted
- 7,863,803Quantity lost
Soybeans in Indiana, year by year
| Year | Premium | Indemnity | Liability | Policies | Policies with a loss | Loss ratio |
|---|---|---|---|---|---|---|
| 2015 | $42,866,997 | $113,656,410 | $568,711,861 | 10,323 | 10,303 | 2.65 |
| 2016 | $9,062,372 | $11,762,841 | $95,741,468 | 2,617 | 2,569 | 1.30 |
| 2017 | $46,308,806 | $50,665,039 | $603,912,464 | 9,808 | 9,710 | 1.09 |
| 2018 | $27,123,703 | $46,637,899 | $344,840,983 | 6,534 | 6,519 | 1.72 |
| 2019 | $48,907,617 | $141,979,802 | $679,293,493 | 15,381 | 15,313 | 2.90 |
| 2020 | $19,217,353 | $25,239,241 | $290,880,043 | 4,820 | 4,809 | 1.31 |
| 2021 | $23,513,459 | $30,678,561 | $260,254,965 | 4,167 | 4,162 | 1.30 |
| 2022 | $33,859,035 | $38,166,638 | $420,686,015 | 4,773 | 4,773 | 1.13 |
| 2023 | $25,857,354 | $33,173,789 | $372,325,391 | 4,906 | 4,906 | 1.28 |
| 2024 | $66,319,333 | $134,323,066 | $893,316,299 | 11,678 | 11,678 | 2.03 |
Every county-crop the agency files in Indiana → 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.