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Crop-loss band · Iowa
Cherokee County, Iowa — crop-loss band
- 0.72Low end of the band
- 2.15Middle of the band
- 2.88High end of the band
- 2021Worst year (3.02)
- 10Years filed
Cherokee County by filed year
| Year | Premium | Indemnity | Liability | Policies | Policies with a loss | Loss ratio |
|---|---|---|---|---|---|---|
| 2015 | $134,538 | $202,362 | $2,361,876 | 50 | 50 | 1.50 |
| 2016 | $210,824 | $151,645 | $4,654,786 | 94 | 93 | 0.72 |
| 2017 | $1,256,626 | $2,750,490 | $23,404,811 | 454 | 453 | 2.19 |
| 2018 | $473,198 | $1,303,388 | $10,174,452 | 257 | 257 | 2.75 |
| 2019 | $350,505 | $1,008,596 | $8,379,281 | 233 | 231 | 2.88 |
| 2020 | $1,065,434 | $2,941,975 | $23,492,328 | 408 | 408 | 2.76 |
| 2021 | $428,197 | $1,295,088 | $6,636,663 | 130 | 129 | 3.02 |
| 2022 | $3,935,190 | $7,330,356 | $61,136,375 | 616 | 616 | 1.86 |
| 2023 | $5,831,358 | $12,512,583 | $104,095,609 | 932 | 932 | 2.15 |
| 2024 | $4,358,802 | $7,916,616 | $72,908,367 | 925 | 925 | 1.82 |
2 commodities insured in Cherokee County
| Commodity | Years | Low | Middle | High | Worst year | Whole span |
|---|---|---|---|---|---|---|
| Corn | 10 | 0.59 | 2.31 | 3.79 | 2019 (4.02) | 2.19 |
| Soybeans | 10 | 1.26 | 1.62 | 3.27 | 2021 (3.33) | 1.84 |
| Commodity | Premium | Indemnity | Liability | Planted | Lost | Policies | With a loss |
|---|---|---|---|---|---|---|---|
| Corn | $12,050,156 | $26,399,206 | $209,946,257 | 219,634 | 222,212 | 2,360 | 2,358 |
| Soybeans | $5,994,516 | $11,013,893 | $107,298,291 | 160,446 | 160,969 | 1,739 | 1,736 |
Causes that carried Cherokee County’s indemnity
Corn
- Drought $16,356,093 indemnity · 7 years
- Decline in Price $3,157,129 indemnity · 10 years
- ARPI/SCO/ECO/STAX/MP/HIP-WI/PACE Crops Only $2,842,628 indemnity · 3 years
- Excess Moisture/Precipitation/Rain $2,467,213 indemnity · 7 years
- Flood $619,380 indemnity · 4 years
- Wind/Excess Wind $376,690 indemnity · 7 years
Soybeans
- Drought $4,757,041 indemnity · 7 years
- Excess Moisture/Precipitation/Rain $2,525,830 indemnity · 7 years
- ARPI/SCO/ECO/STAX/MP/HIP-WI/PACE Crops Only $1,482,657 indemnity · 3 years
- Decline in Price $953,738 indemnity · 8 years
- Flood $774,361 indemnity · 3 years
- Hail $327,978 indemnity · 7 years
All county-crop bands in Iowa →
Source: USDA Risk Management Agency, Cause of Loss Summary of Business. Methodology.