Velarion Records

Crop-loss band · North Carolina

Wheat in North Carolina

Every year the Risk Management Agency has filed for Wheat in North Carolina, summed across the 42 counties that insure it. The annual loss ratio — indemnity divided by premium — runs from 1.78 at the low end to 3.25 at the high end, with 2.43 in the middle. The worst year filed is 2016, at 3.74.

Wheat in North Carolina, year by year

YearPremiumIndemnityLiabilityPoliciesPolicies with a lossLoss ratio
2015$2,593,988$6,297,951$19,484,1701,1011,0942.43
2016$11,118,905$41,638,762$61,745,2393,7093,7023.74
2017$1,457,736$4,019,378$8,254,7305485392.76
2018$1,349,696$3,218,522$7,535,1574994952.38
2019$9,881,326$30,448,707$44,034,4732,3532,3503.08
2020$2,775,483$6,928,595$13,026,6369999972.50
2021$4,992,188$16,205,182$24,569,0031,6431,6383.25
2022$1,299,225$2,985,488$6,911,2263853852.30
2023$3,809,841$6,778,834$17,299,2766616611.78
2024$3,469,871$8,245,085$20,852,1728468462.38

Every county-crop the agency files in North Carolina →

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

The page covers the Crop-loss band for Wheat in North Carolina, summed across the 42 counties that insure it. The annual loss ratio runs from 1.78 at the low end to 3.25 at the high end, with 2.43 in the middle, and the worst year filed is 2016 at 3.74. The page also lists $ 42,748,258 premium filed, $ 126,766,504 indemnity paid, $ 223,712,080 liability insured, 12,744 policies, 12,707 policies with a loss, 1,312,946 quantity planted and 1,315,900 quantity lost.