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Crop-loss band · Tennessee
Benton County, Tennessee — crop-loss band
- 1.21Low end of the band
- 2.55Middle of the band
- 2.98High end of the band
- 2020Worst year (3.44)
- 10Years filed
Benton County by filed year
| Year | Premium | Indemnity | Liability | Policies | Policies with a loss | Loss ratio |
|---|---|---|---|---|---|---|
| 2015 | $162,717 | $415,621 | $1,450,294 | 61 | 61 | 2.55 |
| 2016 | $110,474 | $133,751 | $1,027,068 | 32 | 32 | 1.21 |
| 2017 | $145,190 | $277,173 | $1,250,653 | 52 | 52 | 1.91 |
| 2018 | $317,022 | $945,638 | $3,323,100 | 113 | 113 | 2.98 |
| 2019 | $104,516 | $277,690 | $1,015,181 | 32 | 32 | 2.66 |
| 2020 | $148,898 | $511,995 | $1,114,174 | 39 | 39 | 3.44 |
| 2021 | $201,828 | $337,607 | $1,696,848 | 41 | 41 | 1.67 |
| 2022 | $614,877 | $1,700,493 | $4,438,567 | 81 | 81 | 2.77 |
| 2023 | $194,115 | $358,205 | $1,412,975 | 38 | 38 | 1.85 |
| 2024 | $573,462 | $1,647,305 | $4,652,141 | 83 | 83 | 2.87 |
2 commodities insured in Benton County
| Commodity | Years | Low | Middle | High | Worst year | Whole span |
|---|---|---|---|---|---|---|
| Soybeans | 10 | 0.96 | 2.21 | 3.02 | 2024 (3.16) | 2.58 |
| Corn | 10 | 0.98 | 2.18 | 4.22 | 2015 (4.23) | 2.54 |
| Commodity | Premium | Indemnity | Liability | Planted | Lost | Policies | With a loss |
|---|---|---|---|---|---|---|---|
| Soybeans | $1,461,396 | $3,776,644 | $13,521,278 | 40,472 | 36,210 | 394 | 394 |
| Corn | $1,111,703 | $2,828,834 | $7,859,723 | 20,719 | 18,487 | 178 | 178 |
Causes that carried Benton County’s indemnity
Soybeans
- Drought $1,662,483 indemnity · 8 years
- Excess Moisture/Precipitation/Rain $1,546,312 indemnity · 10 years
- Wildlife $241,170 indemnity · 8 years
- Decline in Price $166,400 indemnity · 6 years
- Heat $76,865 indemnity · 4 years
- Insects $26,558 indemnity · 1 years
Corn
- Excess Moisture/Precipitation/Rain $1,387,124 indemnity · 10 years
- Drought $1,165,473 indemnity · 6 years
- Heat $127,727 indemnity · 2 years
- All Other Causes $76,345 indemnity · 1 years
- Decline in Price $52,331 indemnity · 4 years
- Flood $11,194 indemnity · 2 years
All county-crop bands in Tennessee →
Source: USDA Risk Management Agency, Cause of Loss Summary of Business. Methodology.