Crop-loss band · Mississippi
Wheat in Mississippi
- 2.20Low end of the filed band
- 2.95Middle of the filed band
- 3.54High end of the filed band
- 2021Worst year filed (3.96)
- 10Years filed
Every year the Risk Management Agency has filed for Wheat in Mississippi, summed across the 14 counties that insure it. The annual loss ratio — indemnity divided by premium — runs from 2.20 at the low end to 3.54 at the high end, with 2.95 in the middle. The worst year filed is 2021, at 3.96.
- $14,834,615Premium filed
- $44,499,264Indemnity paid
- $79,635,193Liability insured
- 1,728Policies
- 1,726Policies with a loss
- 520,136Quantity planted
- 520,423Quantity lost
Wheat in Mississippi, year by year
| Year | Premium | Indemnity | Liability | Policies | Policies with a loss | Loss ratio |
|---|---|---|---|---|---|---|
| 2015 | $2,531,327 | $7,667,113 | $15,750,620 | 301 | 300 | 3.03 |
| 2016 | $5,675,858 | $17,699,338 | $30,392,767 | 665 | 665 | 3.12 |
| 2017 | $1,256,047 | $4,115,917 | $6,686,565 | 164 | 164 | 3.28 |
| 2018 | $554,723 | $1,963,918 | $3,585,148 | 91 | 91 | 3.54 |
| 2019 | $2,427,921 | $6,658,894 | $10,648,858 | 211 | 211 | 2.74 |
| 2020 | $483,818 | $1,428,982 | $2,191,406 | 87 | 86 | 2.95 |
| 2021 | $276,431 | $1,095,120 | $1,440,633 | 36 | 36 | 3.96 |
| 2022 | $292,917 | $861,440 | $1,404,097 | 38 | 38 | 2.94 |
| 2023 | $1,060,345 | $2,334,208 | $6,127,758 | 105 | 105 | 2.20 |
| 2024 | $275,228 | $674,334 | $1,407,341 | 30 | 30 | 2.45 |
Every county-crop the agency files in Mississippi → 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.