Crop-loss band · Washington
Wheat in Washington
- 1.80Low end of the filed band
- 2.34Middle of the filed band
- 3.96High end of the filed band
- 2021Worst year filed (6.46)
- 10Years filed
Every year the Risk Management Agency has filed for Wheat in Washington, summed across the 15 counties that insure it. The annual loss ratio — indemnity divided by premium — runs from 1.80 at the low end to 3.96 at the high end, with 2.34 in the middle. The worst year filed is 2021, at 6.46.
- $322,578,214Premium filed
- $994,297,066Indemnity paid
- $3,258,798,620Liability insured
- 46,716Policies
- 46,660Policies with a loss
- 8,859,150Quantity planted
- 9,172,746Quantity lost
Wheat in Washington, year by year
| Year | Premium | Indemnity | Liability | Policies | Policies with a loss | Loss ratio |
|---|---|---|---|---|---|---|
| 2015 | $32,937,408 | $130,270,298 | $491,009,212 | 9,720 | 9,705 | 3.96 |
| 2016 | $7,390,237 | $17,927,829 | $84,375,263 | 2,452 | 2,446 | 2.43 |
| 2017 | $6,419,442 | $18,672,198 | $77,681,843 | 2,703 | 2,695 | 2.91 |
| 2018 | $3,396,338 | $6,750,915 | $32,501,592 | 959 | 952 | 1.99 |
| 2019 | $16,250,831 | $33,260,624 | $191,111,241 | 3,269 | 3,266 | 2.05 |
| 2020 | $5,251,736 | $9,427,463 | $49,378,691 | 1,325 | 1,314 | 1.80 |
| 2021 | $42,169,474 | $272,219,367 | $589,485,985 | 8,140 | 8,137 | 6.46 |
| 2022 | $20,407,102 | $41,724,858 | $153,640,730 | 2,191 | 2,190 | 2.04 |
| 2023 | $118,718,670 | $301,394,870 | $946,911,937 | 8,807 | 8,805 | 2.54 |
| 2024 | $69,636,976 | $162,648,644 | $642,702,129 | 7,150 | 7,150 | 2.34 |
Every county-crop the agency files in Washington → 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.