Crop-loss band · Nebraska
Soybeans in Nebraska
- 2.13Low end of the filed band
- 2.63Middle of the filed band
- 3.76High end of the filed band
- 2019Worst year filed (4.32)
- 10Years filed
Every year the Risk Management Agency has filed for Soybeans in Nebraska, summed across the 75 counties that insure it. The annual loss ratio — indemnity divided by premium — runs from 2.13 at the low end to 3.76 at the high end, with 2.63 in the middle. The worst year filed is 2019, at 4.32.
- $375,126,999Premium filed
- $1,104,035,211Indemnity paid
- $4,665,393,835Liability insured
- 107,019Policies
- 106,890Policies with a loss
- 8,446,195Quantity planted
- 8,550,016Quantity lost
Soybeans in Nebraska, year by year
| Year | Premium | Indemnity | Liability | Policies | Policies with a loss | Loss ratio |
|---|---|---|---|---|---|---|
| 2015 | $11,756,841 | $32,218,412 | $134,959,968 | 5,727 | 5,678 | 2.74 |
| 2016 | $4,923,640 | $10,477,425 | $65,866,676 | 3,016 | 2,966 | 2.13 |
| 2017 | $15,051,175 | $36,942,225 | $192,456,738 | 5,743 | 5,736 | 2.45 |
| 2018 | $21,105,586 | $66,990,438 | $320,825,475 | 8,840 | 8,836 | 3.17 |
| 2019 | $10,920,284 | $47,183,737 | $156,124,862 | 5,925 | 5,919 | 4.32 |
| 2020 | $15,567,768 | $40,940,640 | $194,652,545 | 6,343 | 6,334 | 2.63 |
| 2021 | $10,231,388 | $24,192,208 | $102,635,430 | 2,911 | 2,909 | 2.36 |
| 2022 | $142,864,929 | $378,621,994 | $1,621,663,124 | 29,681 | 29,680 | 2.65 |
| 2023 | $91,176,577 | $342,430,785 | $1,202,315,034 | 25,043 | 25,042 | 3.76 |
| 2024 | $51,528,812 | $124,037,347 | $673,893,984 | 13,790 | 13,790 | 2.41 |
Every county-crop the agency files in Nebraska → 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.