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Crop-loss band · Pennsylvania
Fayette County, Pennsylvania — crop-loss band
- 1.71Low end of the band
- 2.10Middle of the band
- 3.60High end of the band
- 2024Worst year (3.92)
- 10Years filed
Fayette County by filed year
| Year | Premium | Indemnity | Liability | Policies | Policies with a loss | Loss ratio |
|---|---|---|---|---|---|---|
| 2015 | $300,607 | $560,766 | $1,973,399 | 73 | 73 | 1.87 |
| 2016 | $81,025 | $147,929 | $413,278 | 21 | 20 | 1.83 |
| 2017 | $82,953 | $174,173 | $518,030 | 35 | 34 | 2.10 |
| 2018 | $235,095 | $690,047 | $1,384,693 | 65 | 64 | 2.94 |
| 2019 | $191,963 | $480,344 | $1,227,746 | 65 | 65 | 2.50 |
| 2020 | $345,837 | $1,244,244 | $2,644,964 | 86 | 85 | 3.60 |
| 2021 | $90,963 | $156,119 | $736,872 | 47 | 47 | 1.72 |
| 2022 | $224,202 | $512,344 | $1,452,120 | 73 | 73 | 2.29 |
| 2023 | $325,748 | $557,651 | $2,544,169 | 88 | 88 | 1.71 |
| 2024 | $535,245 | $2,095,805 | $4,304,820 | 150 | 150 | 3.92 |
3 commodities insured in Fayette County
| Commodity | Years | Low | Middle | High | Worst year | Whole span |
|---|---|---|---|---|---|---|
| Corn | 10 | 1.25 | 2.05 | 3.23 | 2024 (4.10) | 2.66 |
| Soybeans | 9 | 0.49 | 2.46 | 4.14 | 2020 (4.14) | 3.06 |
| Pasture,Rangeland,Forage | 10 | 0.82 | 1.93 | 3.97 | 2017 (4.41) | 2.34 |
| Commodity | Premium | Indemnity | Liability | Planted | Lost | Policies | With a loss |
|---|---|---|---|---|---|---|---|
| Corn | $1,253,628 | $3,332,612 | $8,044,051 | 21,824 | 21,242 | 270 | 268 |
| Soybeans | $799,166 | $2,443,047 | $5,398,223 | 17,784 | 17,720 | 179 | 177 |
| Pasture,Rangeland,Forage | $360,844 | $843,763 | $3,757,817 | 7,062 | 0 | 254 | 254 |
Causes that carried Fayette County’s indemnity
Corn
- Drought $1,862,169 indemnity · 9 years
- Excess Moisture/Precipitation/Rain $1,134,914 indemnity · 10 years
- Decline in Price $103,023 indemnity · 4 years
- Wildlife $89,121 indemnity · 6 years
- Heat $45,821 indemnity · 1 years
- ARPI/SCO/STAX/MP/HIP WI Crops Only $37,754 indemnity · 3 years
Soybeans
- Drought $1,321,981 indemnity · 7 years
- Excess Moisture/Precipitation/Rain $877,074 indemnity · 9 years
- Wildlife $75,429 indemnity · 9 years
- ARPI/SCO/ECO/STAX/MP/HIP-WI/PACE Crops Only $67,050 indemnity · 2 years
- Decline in Price $61,513 indemnity · 5 years
- Heat $28,943 indemnity · 1 years
Pasture,Rangeland,Forage
- ARPI/SCO/STAX Crops Only $843,763 indemnity · 10 years
All county-crop bands in Pennsylvania →
Source: USDA Risk Management Agency, Cause of Loss Summary of Business. Methodology.