Crop-loss band · Wisconsin
Processing Beans in Wisconsin
- 3.34Low end of the filed band
- 5.92Middle of the filed band
- 7.76High end of the filed band
- 2015Worst year filed (8.39)
- 10Years filed
Every year the Risk Management Agency has filed for Processing Beans in Wisconsin, summed across the 6 counties that insure it. The annual loss ratio — indemnity divided by premium — runs from 3.34 at the low end to 7.76 at the high end, with 5.92 in the middle. The worst year filed is 2015, at 8.39.
- $3,006,827Premium filed
- $16,230,141Indemnity paid
- $35,608,971Liability insured
- 695Policies
- 695Policies with a loss
- 58,673Quantity planted
- 58,826Quantity lost
Processing Beans in Wisconsin, year by year
| Year | Premium | Indemnity | Liability | Policies | Policies with a loss | Loss ratio |
|---|---|---|---|---|---|---|
| 2015 | $158,847 | $1,332,592 | $1,830,290 | 61 | 61 | 8.39 |
| 2016 | $212,408 | $1,426,130 | $2,576,808 | 60 | 60 | 6.71 |
| 2017 | $183,934 | $1,427,921 | $2,568,906 | 46 | 46 | 7.76 |
| 2018 | $262,476 | $884,162 | $3,390,171 | 60 | 60 | 3.37 |
| 2019 | $302,091 | $1,347,371 | $4,412,199 | 67 | 67 | 4.46 |
| 2020 | $291,890 | $976,181 | $3,156,559 | 58 | 58 | 3.34 |
| 2021 | $330,728 | $1,957,401 | $3,851,470 | 77 | 77 | 5.92 |
| 2022 | $279,674 | $1,687,980 | $2,943,948 | 69 | 69 | 6.04 |
| 2023 | $397,472 | $2,899,282 | $4,781,892 | 102 | 102 | 7.29 |
| 2024 | $587,307 | $2,291,121 | $6,096,728 | 95 | 95 | 3.90 |
Every county-crop the agency files in Wisconsin → 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.