Crop-loss band · Oklahoma
Wheat in Oklahoma
- 1.25Low end of the filed band
- 1.73Middle of the filed band
- 2.37High end of the filed band
- 2022Worst year filed (3.28)
- 10Years filed
Every year the Risk Management Agency has filed for Wheat in Oklahoma, summed across the 45 counties that insure it. The annual loss ratio — indemnity divided by premium — runs from 1.25 at the low end to 2.37 at the high end, with 1.73 in the middle. The worst year filed is 2022, at 3.28.
- $390,192,386Premium filed
- $865,234,912Indemnity paid
- $1,549,957,047Liability insured
- 78,362Policies
- 78,144Policies with a loss
- 10,961,500Quantity planted
- 10,967,842Quantity lost
Wheat in Oklahoma, year by year
| Year | Premium | Indemnity | Liability | Policies | Policies with a loss | Loss ratio |
|---|---|---|---|---|---|---|
| 2015 | $63,977,834 | $110,829,594 | $265,729,806 | 17,790 | 17,739 | 1.73 |
| 2016 | $20,215,630 | $30,575,384 | $64,553,166 | 5,792 | 5,766 | 1.51 |
| 2017 | $18,003,876 | $29,253,640 | $66,533,100 | 6,284 | 6,233 | 1.62 |
| 2018 | $35,851,942 | $85,136,091 | $168,820,519 | 11,523 | 11,479 | 2.37 |
| 2019 | $14,542,188 | $27,392,984 | $61,394,553 | 4,117 | 4,102 | 1.88 |
| 2020 | $14,262,025 | $26,468,649 | $47,621,083 | 4,221 | 4,208 | 1.86 |
| 2021 | $11,463,290 | $19,657,883 | $39,596,808 | 2,788 | 2,774 | 1.71 |
| 2022 | $73,762,850 | $241,639,729 | $302,139,851 | 9,886 | 9,885 | 3.28 |
| 2023 | $110,640,489 | $259,828,067 | $429,334,436 | 12,272 | 12,272 | 2.35 |
| 2024 | $27,472,262 | $34,452,891 | $104,233,725 | 3,689 | 3,686 | 1.25 |
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.