Crop-loss band · Virginia

Wheat in Virginia

1.62Low end of the filed band
2.31Middle of the filed band
3.11High end of the filed band
2020Worst year filed (3.79)
10Years filed

Every year the Risk Management Agency has filed for Wheat in Virginia, summed across the 12 counties that insure it. The annual loss ratio — indemnity divided by premium — runs from 1.62 at the low end to 3.11 at the high end, with 2.31 in the middle. The worst year filed is 2020, at 3.79.

$5,424,925Premium filed
$13,493,720Indemnity paid
$30,013,638Liability insured
1,780Policies
1,779Policies with a loss
144,096Quantity planted
144,158Quantity lost

Wheat in Virginia, year by year

Year	Premium	Indemnity	Liability	Policies	Policies with a loss	Loss ratio
2015	$558,545	$1,018,371	$3,423,275	188	188	1.82
2016	$1,331,116	$3,068,986	$8,568,494	455	455	2.31
2017	$234,891	$431,072	$876,603	95	95	1.84
2018	$358,709	$579,906	$1,832,023	127	127	1.62
2019	$854,910	$1,976,352	$3,270,210	244	244	2.31
2020	$511,213	$1,939,755	$3,510,699	162	162	3.79
2021	$717,277	$2,232,794	$3,690,296	229	228	3.11
2022	$270,610	$806,943	$1,560,417	97	97	2.98
2023	$354,277	$756,244	$1,645,285	91	91	2.13
2024	$233,377	$683,297	$1,636,336	92	92	2.93

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 Crop-loss band for Virginia Wheat in Virginia, with a low end of 1.62, a middle of 2.31 and a high end of 3.11. It lists 2020 as the worst year filed at 3.79, along with $ 5,424,925 premium filed, $ 13,493,720 indemnity paid, $ 30,013,638 liability insured, 1,780 policies, 1,779 policies with a loss, 144,096 quantity planted and 144,158 quantity lost.