Crop-loss band · Texas
Soybeans in Texas
- 1.92Low end of the filed band
- 2.60Middle of the filed band
- 3.01High end of the filed band
- 2022Worst year filed (3.33)
- 10Years filed
Every year the Risk Management Agency has filed for Soybeans in Texas, summed across the 27 counties that insure it. The annual loss ratio — indemnity divided by premium — runs from 1.92 at the low end to 3.01 at the high end, with 2.60 in the middle. The worst year filed is 2022, at 3.33.
- $35,822,044Premium filed
- $98,343,732Indemnity paid
- $139,694,656Liability insured
- 3,730Policies
- 3,723Policies with a loss
- 590,412Quantity planted
- 601,164Quantity lost
Soybeans in Texas, year by year
| Year | Premium | Indemnity | Liability | Policies | Policies with a loss | Loss ratio |
|---|---|---|---|---|---|---|
| 2015 | $3,414,200 | $6,545,811 | $11,935,464 | 531 | 530 | 1.92 |
| 2016 | $2,392,562 | $6,230,080 | $8,684,264 | 404 | 403 | 2.60 |
| 2017 | $2,639,313 | $6,469,408 | $9,663,922 | 274 | 272 | 2.45 |
| 2018 | $2,589,313 | $6,675,839 | $11,684,434 | 442 | 440 | 2.58 |
| 2019 | $1,986,146 | $5,253,359 | $7,589,621 | 288 | 288 | 2.65 |
| 2020 | $1,447,507 | $3,956,188 | $6,654,306 | 178 | 178 | 2.73 |
| 2021 | $2,880,562 | $8,433,261 | $12,047,068 | 253 | 252 | 2.93 |
| 2022 | $6,976,693 | $23,223,392 | $29,451,988 | 576 | 576 | 3.33 |
| 2023 | $5,511,090 | $16,570,205 | $21,740,759 | 360 | 360 | 3.01 |
| 2024 | $5,984,658 | $14,986,189 | $20,242,830 | 424 | 424 | 2.50 |
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.