Crop-loss band · Kentucky
Wheat in Kentucky
- 1.20Low end of the filed band
- 2.93Middle of the filed band
- 3.34High end of the filed band
- 2019Worst year filed (3.35)
- 10Years filed
Every year the Risk Management Agency has filed for Wheat in Kentucky, summed across the 21 counties that insure it. The annual loss ratio — indemnity divided by premium — runs from 1.20 at the low end to 3.34 at the high end, with 2.93 in the middle. The worst year filed is 2019, at 3.35.
- $18,866,306Premium filed
- $50,762,521Indemnity paid
- $146,279,146Liability insured
- 2,468Policies
- 2,458Policies with a loss
- 484,503Quantity planted
- 485,375Quantity lost
Wheat in Kentucky, year by year
| Year | Premium | Indemnity | Liability | Policies | Policies with a loss | Loss ratio |
|---|---|---|---|---|---|---|
| 2015 | $996,174 | $2,919,953 | $7,745,554 | 227 | 227 | 2.93 |
| 2016 | $480,277 | $1,495,987 | $2,949,436 | 118 | 118 | 3.11 |
| 2017 | $566,129 | $1,065,278 | $4,925,628 | 89 | 86 | 1.88 |
| 2018 | $3,996,254 | $13,088,245 | $29,183,115 | 628 | 624 | 3.28 |
| 2019 | $2,111,541 | $7,070,511 | $12,726,775 | 370 | 370 | 3.35 |
| 2020 | $4,083,269 | $8,154,953 | $33,009,041 | 415 | 412 | 2.00 |
| 2021 | $352,705 | $1,177,054 | $1,744,241 | 58 | 58 | 3.34 |
| 2022 | $646,742 | $1,957,442 | $3,760,311 | 88 | 88 | 3.03 |
| 2023 | $1,518,809 | $1,828,319 | $10,317,673 | 114 | 114 | 1.20 |
| 2024 | $4,114,406 | $12,004,779 | $39,917,372 | 361 | 361 | 2.92 |
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.