Velarion Records

Crop-loss band · Virginia

Corn in Virginia

Every year the Risk Management Agency has filed for Corn in Virginia, summed across the 37 counties that insure it. The annual loss ratio — indemnity divided by premium — runs from 0.92 at the low end to 2.99 at the high end, with 2.17 in the middle. The worst year filed is 2021, at 3.33.

Corn in Virginia, year by year

YearPremiumIndemnityLiabilityPoliciesPolicies with a lossLoss ratio
2015$505,912$1,101,806$3,046,49497942.18
2016$2,997,364$2,766,181$15,643,3583983980.92
2017$4,180,960$6,847,757$25,199,5177337331.64
2018$2,305,140$4,849,008$15,055,4526736732.10
2019$2,539,139$4,890,645$15,513,9235825821.93
2020$7,106,786$19,240,694$50,674,2321,1151,1152.71
2021$1,991,495$6,627,848$14,367,8465715693.33
2022$1,429,395$3,103,305$9,598,3812182182.17
2023$5,199,658$14,143,542$39,570,5801,0661,0662.72
2024$16,436,375$49,115,524$111,079,0903,3393,3392.99

Every county-crop the agency files in Virginia →

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.

What this page shows

The page covers the Crop-loss band for Corn in Virginia across the 37 counties that insure it. The loss ratio runs from 0.92 at the low end to 2.99 at the high end, with 2.17 in the middle, and the worst year filed is 2021 at 3.33. The page lists $ 44,692,223 premium filed, $ 112,686,310 indemnity paid, $ 299,748,873 liability insured, 8,792 policies, 8,787 policies with a loss, 638,408 quantity planted, and 623,706 quantity lost.