Crop-loss band · South Carolina
Wheat in South Carolina
- 1.59Low end of the filed band
- 3.20Middle of the filed band
- 3.46High end of the filed band
- 2016Worst year filed (4.20)
- 10Years filed
Every year the Risk Management Agency has filed for Wheat in South Carolina, summed across the 12 counties that insure it. The annual loss ratio — indemnity divided by premium — runs from 1.59 at the low end to 3.46 at the high end, with 3.20 in the middle. The worst year filed is 2016, at 4.20.
- $10,482,396Premium filed
- $35,836,534Indemnity paid
- $60,638,274Liability insured
- 2,785Policies
- 2,782Policies with a loss
- 419,687Quantity planted
- 420,193Quantity lost
Wheat in South Carolina, year by year
| Year | Premium | Indemnity | Liability | Policies | Policies with a loss | Loss ratio |
|---|---|---|---|---|---|---|
| 2015 | $766,832 | $2,319,591 | $6,575,683 | 252 | 250 | 3.02 |
| 2016 | $3,378,530 | $14,190,289 | $20,265,210 | 975 | 975 | 4.20 |
| 2017 | $381,210 | $1,101,488 | $2,930,361 | 112 | 112 | 2.89 |
| 2018 | $92,669 | $303,277 | $673,290 | 30 | 30 | 3.27 |
| 2019 | $2,818,445 | $9,745,794 | $13,670,798 | 622 | 622 | 3.46 |
| 2020 | $423,178 | $1,353,845 | $2,631,205 | 182 | 182 | 3.20 |
| 2021 | $703,363 | $2,362,099 | $3,978,162 | 178 | 177 | 3.36 |
| 2022 | $426,573 | $1,404,563 | $1,916,640 | 98 | 98 | 3.29 |
| 2023 | $871,707 | $1,388,534 | $4,439,270 | 195 | 195 | 1.59 |
| 2024 | $619,889 | $1,667,054 | $3,557,655 | 141 | 141 | 2.69 |
Every county-crop the agency files in South Carolina → 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.