Editor's Picks
Tag: loss ratios
Crop Insurance Performance by Crop Persists Over Time Jul 29, 2022
The Risk Management Agency (RMA) undertook a rating review that was published in 2011 because of relatively low loss ratios for some crops, including corn and soybeans. Revised ratings began […]
Crop Insurance: How Did 2019 Loss Ratios Compare to Previous Years? Jul 29, 2020
Late and prevented planting were prevalent across the Midwest in 2019. Prevented planting payments made up about one-third of total crop insurance payments, and those counties with large amounts of […]
Crop Insurance Loss Ratios in 2018 May 1, 2019
Most 2018 payments on Federal crop insurance products have now been entered into the Risk Management Agency’s (RMA’s) record system and losses for 2018 can be stated accurately. Similar to […]
Corn, Soybeans: Federal Crop Insurance Performance in 2017 Apr 25, 2018
In 2017, the Federal crop insurance program had low insurance payments relative to total premium. The 2017 loss ratio for the entire Federal program was .42, well below the targeted […]
Illinois Soybeans: Has Crop Insurance Proved Worth the Cost? Jan 10, 2018
Conversations with farmers suggest that some are considering lowering coverage levels or eliminating crop insurance on soybeans. Doing so would conserve cash and many farmers note that they have received […]
