Velarion Records

Crop-loss band · Mississippi

Wheat in Mississippi

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.

Wheat in Mississippi, year by year

YearPremiumIndemnityLiabilityPoliciesPolicies with a lossLoss ratio
2015$2,531,327$7,667,113$15,750,6203013003.03
2016$5,675,858$17,699,338$30,392,7676656653.12
2017$1,256,047$4,115,917$6,686,5651641643.28
2018$554,723$1,963,918$3,585,14891913.54
2019$2,427,921$6,658,894$10,648,8582112112.74
2020$483,818$1,428,982$2,191,40687862.95
2021$276,431$1,095,120$1,440,63336363.96
2022$292,917$861,440$1,404,09738382.94
2023$1,060,345$2,334,208$6,127,7581051052.20
2024$275,228$674,334$1,407,34130302.45

Every county-crop the agency files in Mississippi →

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.

What this page shows

This page of the Velarion Records public-records register covers Wheat in Mississippi, with loss ratios from 2.20 at the low end to 3.54 at the high end and 2.95 in the middle. The worst year filed is 2021 at 3.96, and the figures listed include $ 14,834,615 Premium filed, $ 44,499,264 Indemnity paid, and $ 79,635,193 Liability insured. It also lists 1,728 Policies, 1,726 Policies with a loss, 520,136 Quantity planted, and 520,423 Quantity lost across the 14 counties that insure it.