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Crop-loss band · Arkansas
Lafayette County, Arkansas — crop-loss band
- 1.29Low end of the band
- 2.90Middle of the band
- 4.00High end of the band
- 2020Worst year (4.70)
- 10Years filed
Lafayette County by filed year
| Year | Premium | Indemnity | Liability | Policies | Policies with a loss | Loss ratio |
|---|---|---|---|---|---|---|
| 2015 | $538,005 | $1,263,307 | $3,150,476 | 89 | 87 | 2.35 |
| 2016 | $618,144 | $1,956,264 | $4,428,235 | 85 | 85 | 3.16 |
| 2017 | $460,767 | $594,762 | $2,469,179 | 32 | 32 | 1.29 |
| 2018 | $604,404 | $1,214,330 | $4,128,058 | 51 | 51 | 2.01 |
| 2019 | $741,250 | $2,588,579 | $4,272,971 | 103 | 103 | 3.49 |
| 2020 | $898,476 | $4,220,928 | $6,117,785 | 97 | 97 | 4.70 |
| 2021 | $1,034,437 | $4,142,618 | $7,562,611 | 112 | 112 | 4.00 |
| 2022 | $1,239,041 | $3,599,192 | $7,565,620 | 137 | 137 | 2.90 |
| 2023 | $1,616,442 | $2,354,414 | $11,711,023 | 116 | 116 | 1.46 |
| 2024 | $1,664,178 | $5,253,042 | $12,550,932 | 118 | 118 | 3.16 |
6 commodities insured in Lafayette County
| Commodity | Years | Low | Middle | High | Worst year | Whole span |
|---|---|---|---|---|---|---|
| Corn | 10 | 0.81 | 3.76 | 4.23 | 2020 (5.35) | 3.71 |
| Soybeans | 10 | 1.36 | 1.98 | 3.25 | 2021 (3.39) | 2.10 |
| Rice | 10 | 0.69 | 3.46 | 5.36 | 2022 (9.69) | 2.98 |
| Cotton | 6 | 3.13 | 3.58 | 9.12 | 2024 (9.12) | 3.81 |
| Wheat | 9 | 1.60 | 2.41 | 4.23 | 2016 (4.23) | 2.25 |
| Pasture,Rangeland,Forage | 9 | 0.55 | 1.81 | 2.79 | 2018 (2.79) | 1.71 |
| Commodity | Premium | Indemnity | Liability | Planted | Lost | Policies | With a loss |
|---|---|---|---|---|---|---|---|
| Corn | $2,986,169 | $11,069,912 | $23,349,481 | 59,462 | 58,110 | 251 | 251 |
| Soybeans | $2,930,570 | $6,162,519 | $16,551,776 | 51,780 | 51,765 | 260 | 259 |
| Rice | $1,693,958 | $5,055,293 | $14,651,539 | 27,836 | 28,674 | 72 | 72 |
| Cotton | $691,304 | $2,632,127 | $4,017,344 | 7,820 | 11,055 | 45 | 45 |
| Wheat | $671,552 | $1,510,979 | $2,818,661 | 20,512 | 20,512 | 115 | 114 |
| Pasture,Rangeland,Forage | $441,591 | $756,606 | $2,568,089 | 19,036 | 0 | 197 | 197 |
Causes that carried Lafayette County’s indemnity
Corn
- Excess Moisture/Precipitation/Rain $8,586,288 indemnity · 10 years
- Heat $712,463 indemnity · 4 years
- Wind/Excess Wind $471,074 indemnity · 2 years
- Mycotoxin $310,904 indemnity · 5 years
- ARPI/SCO/ECO/STAX/MP/HIP-WI/PACE Crops Only $291,636 indemnity · 2 years
- Hail $199,276 indemnity · 1 years
Soybeans
- Excess Moisture/Precipitation/Rain $4,080,858 indemnity · 10 years
- Heat $1,639,361 indemnity · 6 years
- Drought $313,113 indemnity · 7 years
- Flood $84,705 indemnity · 1 years
- Decline in Price $37,735 indemnity · 4 years
- Plant Disease $4,864 indemnity · 1 years
Rice
- Excess Moisture/Precipitation/Rain $4,355,569 indemnity · 10 years
- Heat $261,761 indemnity · 2 years
- ARPI/SCO/ECO/STAX/MP/HIP-WI/PACE Crops Only $256,791 indemnity · 2 years
- Wind/Excess Wind $85,225 indemnity · 1 years
- Hurricane/Tropical Depression $41,401 indemnity · 1 years
- Wildlife $25,208 indemnity · 1 years
Cotton
- Excess Moisture/Precipitation/Rain $1,627,602 indemnity · 6 years
- ARPI/SCO/ECO/STAX/MP/HIP-WI/PACE Crops Only $866,377 indemnity · 2 years
- Heat $138,148 indemnity · 1 years
Wheat
- Excess Moisture/Precipitation/Rain $1,329,544 indemnity · 9 years
- Drought $117,987 indemnity · 2 years
- Freeze $28,703 indemnity · 2 years
- Heat $20,554 indemnity · 1 years
- Flood $13,409 indemnity · 1 years
- Decline in Price $784 indemnity · 2 years
Pasture,Rangeland,Forage
- ARPI/SCO/STAX/MP Crops Only $756,606 indemnity · 9 years
All county-crop bands in Arkansas →
Source: USDA Risk Management Agency, Cause of Loss Summary of Business. Methodology.