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Crop-loss band · Texas
Midland County, Texas — crop-loss band
- 0.56Low end of the band
- 1.54Middle of the band
- 2.22High end of the band
- 2020Worst year (2.37)
- 10Years filed
Midland County by filed year
| Year | Premium | Indemnity | Liability | Policies | Policies with a loss | Loss ratio |
|---|---|---|---|---|---|---|
| 2015 | $152,886 | $85,798 | $353,316 | 15 | 15 | 0.56 |
| 2016 | $731,809 | $1,016,121 | $1,674,637 | 83 | 83 | 1.39 |
| 2017 | $167,766 | $108,096 | $396,506 | 22 | 22 | 0.64 |
| 2018 | $1,987,683 | $4,406,973 | $5,088,721 | 163 | 163 | 2.22 |
| 2019 | $1,094,848 | $1,237,269 | $2,812,630 | 79 | 79 | 1.13 |
| 2020 | $1,451,884 | $3,441,253 | $4,116,753 | 153 | 153 | 2.37 |
| 2021 | $561,563 | $943,804 | $1,731,528 | 60 | 60 | 1.68 |
| 2022 | $3,600,062 | $7,392,485 | $8,814,646 | 224 | 224 | 2.05 |
| 2023 | $2,993,633 | $6,340,355 | $7,800,434 | 203 | 203 | 2.12 |
| 2024 | $3,071,206 | $4,730,395 | $7,195,898 | 220 | 220 | 1.54 |
2 commodities insured in Midland County
| Commodity | Years | Low | Middle | High | Worst year | Whole span |
|---|---|---|---|---|---|---|
| Cotton | 10 | 0.33 | 1.40 | 2.19 | 2020 (2.31) | 1.89 |
| Pasture,Rangeland,Forage | 10 | 0.88 | 1.59 | 2.64 | 2020 (2.68) | 1.81 |
| Commodity | Premium | Indemnity | Liability | Planted | Lost | Policies | With a loss |
|---|---|---|---|---|---|---|---|
| Cotton | $13,016,614 | $24,629,588 | $29,585,488 | 133,769 | 164,670 | 908 | 908 |
| Pasture,Rangeland,Forage | $2,796,726 | $5,072,961 | $10,399,581 | 568,248 | 0 | 314 | 314 |
Causes that carried Midland County’s indemnity
Cotton
- Drought $16,567,468 indemnity · 10 years
- Hot Wind $2,637,375 indemnity · 8 years
- Heat $1,911,578 indemnity · 9 years
- ARPI/SCO/STAX/MP Crops Only $1,827,706 indemnity · 4 years
- Wind/Excess Wind $1,024,400 indemnity · 8 years
- All Other Causes $304,232 indemnity · 1 years
Pasture,Rangeland,Forage
- ARPI/SCO/STAX Crops Only $5,072,961 indemnity · 10 years
All county-crop bands in Texas →
Source: USDA Risk Management Agency, Cause of Loss Summary of Business. Methodology.