Crop-loss band · Louisiana
Soybeans in Louisiana
- 1.68Low end of the filed band
- 2.49Middle of the filed band
- 3.45High end of the filed band
- 2018Worst year filed (3.68)
- 10Years filed
Every year the Risk Management Agency has filed for Soybeans in Louisiana, summed across the 29 counties that insure it. The annual loss ratio — indemnity divided by premium — runs from 1.68 at the low end to 3.45 at the high end, with 2.49 in the middle. The worst year filed is 2018, at 3.68.
- $162,985,803Premium filed
- $436,206,388Indemnity paid
- $1,291,459,694Liability insured
- 19,046Policies
- 19,004Policies with a loss
- 4,021,608Quantity planted
- 3,648,107Quantity lost
Soybeans in Louisiana, year by year
| Year | Premium | Indemnity | Liability | Policies | Policies with a loss | Loss ratio |
|---|---|---|---|---|---|---|
| 2015 | $16,951,820 | $42,243,715 | $121,053,236 | 2,598 | 2,575 | 2.49 |
| 2016 | $8,672,018 | $20,078,779 | $64,319,734 | 1,613 | 1,598 | 2.32 |
| 2017 | $12,385,417 | $20,834,635 | $80,524,996 | 1,316 | 1,312 | 1.68 |
| 2018 | $11,745,548 | $43,233,369 | $100,366,014 | 1,726 | 1,726 | 3.68 |
| 2019 | $16,688,926 | $43,013,427 | $134,151,941 | 2,297 | 2,297 | 2.58 |
| 2020 | $10,979,401 | $26,689,956 | $87,120,108 | 1,571 | 1,571 | 2.43 |
| 2021 | $17,203,824 | $34,130,963 | $143,820,698 | 1,530 | 1,530 | 1.98 |
| 2022 | $23,484,425 | $68,326,438 | $195,708,323 | 2,025 | 2,025 | 2.91 |
| 2023 | $23,455,869 | $80,908,200 | $186,160,704 | 2,056 | 2,056 | 3.45 |
| 2024 | $21,418,556 | $56,746,906 | $178,233,941 | 2,314 | 2,314 | 2.65 |
Every county-crop the agency files in Louisiana → 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.