Crop-loss band · Oklahoma
Grain Sorghum in Oklahoma
- 1.01Low end of the filed band
- 1.43Middle of the filed band
- 2.13High end of the filed band
- 2022Worst year filed (2.57)
- 10Years filed
Every year the Risk Management Agency has filed for Grain Sorghum in Oklahoma, summed across the 16 counties that insure it. The annual loss ratio — indemnity divided by premium — runs from 1.01 at the low end to 2.13 at the high end, with 1.43 in the middle. The worst year filed is 2022, at 2.57.
- $69,379,619Premium filed
- $128,992,838Indemnity paid
- $201,716,323Liability insured
- 9,948Policies
- 9,944Policies with a loss
- 1,338,923Quantity planted
- 1,356,852Quantity lost
Grain Sorghum in Oklahoma, year by year
| Year | Premium | Indemnity | Liability | Policies | Policies with a loss | Loss ratio |
|---|---|---|---|---|---|---|
| 2015 | $2,102,323 | $2,127,164 | $5,978,087 | 694 | 694 | 1.01 |
| 2016 | $2,321,438 | $2,694,430 | $6,846,737 | 692 | 692 | 1.16 |
| 2017 | $1,613,508 | $2,394,621 | $5,248,501 | 536 | 536 | 1.48 |
| 2018 | $2,647,385 | $4,420,684 | $7,843,983 | 753 | 753 | 1.67 |
| 2019 | $2,554,173 | $3,604,967 | $8,035,113 | 765 | 765 | 1.41 |
| 2020 | $7,881,446 | $16,811,868 | $21,498,676 | 1,204 | 1,200 | 2.13 |
| 2021 | $5,839,199 | $8,319,971 | $18,103,752 | 652 | 652 | 1.42 |
| 2022 | $19,756,002 | $50,770,715 | $60,434,939 | 2,261 | 2,261 | 2.57 |
| 2023 | $15,725,659 | $25,091,287 | $40,062,394 | 1,357 | 1,357 | 1.60 |
| 2024 | $8,938,487 | $12,757,131 | $27,664,141 | 1,034 | 1,034 | 1.43 |
Every county-crop the agency files in Oklahoma → 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.