Crop-loss band · New York
Soybeans in New York
- 1.59Low end of the filed band
- 3.18Middle of the filed band
- 5.60High end of the filed band
- 2019Worst year filed (6.27)
- 10Years filed
Every year the Risk Management Agency has filed for Soybeans in New York, summed across the 19 counties that insure it. The annual loss ratio — indemnity divided by premium — runs from 1.59 at the low end to 5.60 at the high end, with 3.18 in the middle. The worst year filed is 2019, at 6.27.
- $16,858,097Premium filed
- $59,390,993Indemnity paid
- $140,699,874Liability insured
- 4,045Policies
- 4,040Policies with a loss
- 437,162Quantity planted
- 408,882Quantity lost
Soybeans in New York, year by year
| Year | Premium | Indemnity | Liability | Policies | Policies with a loss | Loss ratio |
|---|---|---|---|---|---|---|
| 2015 | $1,417,528 | $5,786,022 | $14,571,611 | 448 | 448 | 4.08 |
| 2016 | $1,253,410 | $4,847,722 | $14,641,832 | 332 | 332 | 3.87 |
| 2017 | $2,092,414 | $11,710,185 | $16,481,642 | 592 | 592 | 5.60 |
| 2018 | $1,171,517 | $4,037,940 | $10,651,393 | 391 | 390 | 3.45 |
| 2019 | $2,412,713 | $15,129,254 | $17,848,057 | 754 | 754 | 6.27 |
| 2020 | $1,020,562 | $3,241,533 | $9,658,868 | 309 | 305 | 3.18 |
| 2021 | $655,667 | $1,209,534 | $4,755,255 | 147 | 147 | 1.84 |
| 2022 | $2,842,194 | $6,077,064 | $20,894,218 | 392 | 392 | 2.14 |
| 2023 | $1,976,578 | $3,142,690 | $15,863,533 | 286 | 286 | 1.59 |
| 2024 | $2,015,515 | $4,209,049 | $15,333,466 | 394 | 394 | 2.09 |
Every county-crop the agency files in New York → 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.