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Crop-loss band · Illinois
Mercer County, Illinois — crop-loss band
- 1.04Low end of the band
- 1.76Middle of the band
- 2.31High end of the band
- 2019Worst year (2.79)
- 10Years filed
Mercer County by filed year
| Year | Premium | Indemnity | Liability | Policies | Policies with a loss | Loss ratio |
|---|---|---|---|---|---|---|
| 2015 | $512,477 | $1,184,091 | $8,136,477 | 152 | 152 | 2.31 |
| 2016 | $231,696 | $408,233 | $4,491,002 | 81 | 78 | 1.76 |
| 2017 | $172,971 | $290,635 | $2,554,641 | 58 | 58 | 1.68 |
| 2018 | $318,315 | $607,637 | $5,687,311 | 95 | 95 | 1.91 |
| 2019 | $2,597,957 | $7,239,915 | $54,796,562 | 603 | 598 | 2.79 |
| 2020 | $929,215 | $1,701,561 | $23,467,179 | 206 | 206 | 1.83 |
| 2021 | $927,793 | $1,182,296 | $18,643,924 | 116 | 116 | 1.27 |
| 2022 | $282,610 | $587,435 | $5,026,964 | 59 | 59 | 2.08 |
| 2023 | $1,464,743 | $1,518,852 | $13,896,791 | 132 | 132 | 1.04 |
| 2024 | $1,573,957 | $2,020,627 | $28,458,968 | 183 | 183 | 1.28 |
2 commodities insured in Mercer County
| Commodity | Years | Low | Middle | High | Worst year | Whole span |
|---|---|---|---|---|---|---|
| Corn | 10 | 0.84 | 1.75 | 2.70 | 2019 (2.84) | 1.79 |
| Soybeans | 10 | 1.06 | 1.81 | 2.63 | 2020 (2.63) | 2.03 |
| Commodity | Premium | Indemnity | Liability | Planted | Lost | Policies | With a loss |
|---|---|---|---|---|---|---|---|
| Corn | $6,373,133 | $11,378,554 | $117,763,999 | 118,514 | 133,517 | 983 | 977 |
| Soybeans | $2,638,601 | $5,362,728 | $47,395,820 | 78,576 | 73,882 | 702 | 700 |
Causes that carried Mercer County’s indemnity
Corn
- Excess Moisture/Precipitation/Rain $4,937,740 indemnity · 9 years
- Drought $2,498,649 indemnity · 9 years
- Decline in Price $870,041 indemnity · 8 years
- Cold Wet Weather $849,435 indemnity · 7 years
- Wind/Excess Wind $813,940 indemnity · 5 years
- ARPI/SCO/STAX/MP Crops Only $600,967 indemnity · 5 years
Soybeans
- Excess Moisture/Precipitation/Rain $2,120,474 indemnity · 10 years
- Drought $1,272,616 indemnity · 10 years
- ARPI/SCO/STAX/MP Crops Only $853,327 indemnity · 2 years
- Decline in Price $542,370 indemnity · 7 years
- Cold Wet Weather $226,413 indemnity · 8 years
- Flood $130,588 indemnity · 3 years
All county-crop bands in Illinois →
Source: USDA Risk Management Agency, Cause of Loss Summary of Business. Methodology.