Crop-loss band · Texas
Cotton Ex Long Staple in Texas
- 2.57Low end of the filed band
- 3.19Middle of the filed band
- 3.74High end of the filed band
- 2015Worst year filed (4.56)
- 10Years filed
Every year the Risk Management Agency has filed for Cotton Ex Long Staple in Texas, summed across the 6 counties that insure it. The annual loss ratio — indemnity divided by premium — runs from 2.57 at the low end to 3.74 at the high end, with 3.19 in the middle. The worst year filed is 2015, at 4.56.
- $20,651,294Premium filed
- $66,986,609Indemnity paid
- $76,414,699Liability insured
- 672Policies
- 672Policies with a loss
- 111,925Quantity planted
- 112,045Quantity lost
Cotton Ex Long Staple in Texas, year by year
| Year | Premium | Indemnity | Liability | Policies | Policies with a loss | Loss ratio |
|---|---|---|---|---|---|---|
| 2015 | $1,149,305 | $5,237,305 | $6,095,422 | 70 | 70 | 4.56 |
| 2016 | $895,407 | $3,349,414 | $3,613,338 | 68 | 68 | 3.74 |
| 2017 | $1,228,187 | $4,239,755 | $4,765,201 | 69 | 69 | 3.45 |
| 2018 | $1,021,879 | $3,055,780 | $3,341,896 | 18 | 18 | 2.99 |
| 2019 | $2,449,330 | $7,935,924 | $8,706,502 | 61 | 61 | 3.24 |
| 2020 | $1,899,239 | $5,070,537 | $6,240,001 | 62 | 62 | 2.67 |
| 2021 | $1,878,903 | $5,990,672 | $7,327,278 | 66 | 66 | 3.19 |
| 2022 | $3,104,899 | $11,232,676 | $12,326,613 | 100 | 100 | 3.62 |
| 2023 | $4,627,483 | $14,707,511 | $16,411,323 | 94 | 94 | 3.18 |
| 2024 | $2,396,662 | $6,167,035 | $7,587,125 | 64 | 64 | 2.57 |
Every county-crop the agency files in Texas → 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.