Crop-loss band · Kentucky
Corn in Kentucky
- 0.69Low end of the filed band
- 1.51Middle of the filed band
- 2.02High end of the filed band
- 2022Worst year filed (2.37)
- 10Years filed
Every year the Risk Management Agency has filed for Corn in Kentucky, summed across the 62 counties that insure it. The annual loss ratio — indemnity divided by premium — runs from 0.69 at the low end to 2.02 at the high end, with 1.51 in the middle. The worst year filed is 2022, at 2.37.
- $177,165,529Premium filed
- $298,140,102Indemnity paid
- $1,557,728,410Liability insured
- 18,170Policies
- 18,107Policies with a loss
- 2,433,350Quantity planted
- 1,957,452Quantity lost
Corn in Kentucky, year by year
| Year | Premium | Indemnity | Liability | Policies | Policies with a loss | Loss ratio |
|---|---|---|---|---|---|---|
| 2015 | $8,160,351 | $13,064,152 | $65,158,773 | 1,112 | 1,100 | 1.60 |
| 2016 | $19,264,665 | $27,570,608 | $165,846,215 | 2,700 | 2,664 | 1.43 |
| 2017 | $8,352,343 | $11,330,899 | $71,707,026 | 1,172 | 1,168 | 1.36 |
| 2018 | $5,032,190 | $7,598,867 | $48,062,837 | 932 | 929 | 1.51 |
| 2019 | $14,106,944 | $28,467,699 | $120,326,402 | 1,870 | 1,862 | 2.02 |
| 2020 | $7,937,678 | $15,714,890 | $70,516,083 | 1,208 | 1,208 | 1.98 |
| 2021 | $12,561,497 | $8,675,802 | $115,010,784 | 1,152 | 1,152 | 0.69 |
| 2022 | $38,270,022 | $90,759,838 | $356,830,510 | 2,372 | 2,372 | 2.37 |
| 2023 | $33,758,220 | $40,277,905 | $297,846,243 | 2,384 | 2,384 | 1.19 |
| 2024 | $29,721,621 | $54,679,442 | $246,423,538 | 3,268 | 3,268 | 1.84 |
Every county-crop the agency files in Kentucky → 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.