Crop-loss band · New Mexico
Corn in New Mexico
- 3.35Low end of the filed band
- 4.51Middle of the filed band
- 8.08High end of the filed band
- 2016Worst year filed (8.17)
- 10Years filed
Every year the Risk Management Agency has filed for Corn in New Mexico, summed across the 5 counties that insure it. The annual loss ratio — indemnity divided by premium — runs from 3.35 at the low end to 8.08 at the high end, with 4.51 in the middle. The worst year filed is 2016, at 8.17.
- $20,950,081Premium filed
- $92,711,837Indemnity paid
- $162,449,583Liability insured
- 944Policies
- 942Policies with a loss
- 229,839Quantity planted
- 230,147Quantity lost
Corn in New Mexico, year by year
| Year | Premium | Indemnity | Liability | Policies | Policies with a loss | Loss ratio |
|---|---|---|---|---|---|---|
| 2015 | $303,778 | $2,453,230 | $6,684,365 | 57 | 57 | 8.08 |
| 2016 | $695,718 | $5,683,560 | $13,886,126 | 90 | 89 | 8.17 |
| 2017 | $1,009,422 | $7,030,024 | $14,909,546 | 92 | 92 | 6.96 |
| 2018 | $839,038 | $5,182,553 | $10,103,397 | 64 | 63 | 6.18 |
| 2019 | $1,217,580 | $6,955,380 | $13,083,252 | 85 | 85 | 5.71 |
| 2020 | $3,012,404 | $13,575,496 | $22,555,600 | 126 | 126 | 4.51 |
| 2021 | $1,901,971 | $6,760,899 | $9,629,981 | 49 | 49 | 3.55 |
| 2022 | $3,952,677 | $14,520,979 | $22,682,778 | 105 | 105 | 3.67 |
| 2023 | $5,221,851 | $21,195,392 | $33,915,054 | 167 | 167 | 4.06 |
| 2024 | $2,795,642 | $9,354,324 | $14,999,484 | 109 | 109 | 3.35 |
Every county-crop the agency files in New Mexico →
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 the Crop-loss band for Corn in New Mexico, summed across the 5 counties that insure it, with figures listed for 2015 through 2024. The loss ratio runs from 3.35 at the low end to 8.08 at the high end, with 4.51 in the middle, and the worst year filed is 2016 at 8.17. The page lists $ 20,950,081 Premium filed, $ 92,711,837 Indemnity paid, $ 162,449,583 Liability insured, 944 Policies, 942 Policies with a loss, 229,839 Quantity planted and 230,147 Quantity lost.