Content
Intro Text
Revised January 2020
Profile
| Crops | Insured Acres | Total Acres | Percent Insured |
|---|---|---|---|
| Blueberries | 47 | 120 | 39% |
| Corn | 691,938 | 762,200 | 91% |
| Cotton | 298,210 | 298,200 | 100% |
| Grain Sorghum | 10,247 | N/A | N/A |
| Oats | 606 | 1000 | 61% |
| Peanuts | 1,723 | 2,400 | 72% |
| Pecans | 628 | 8,300 | 8% |
| Rice | 400,612 | 425,000 | 94% |
| Soybeans | 996,902 | 977,500 | *102% |
| Sugarcane | 377,091 | 470,400 | 80% |
| Sweet Potatoes | 8,860 | N/A | N/A |
| Wheat | 64,301 | 76,000 | 85% |
| Crop Pilot Programs | ||
|---|---|---|
| Program | Parish Availability | Total Liability |
| Apiculture | All parishes | $3,414,091 |
| Hybrid Seed Rice | Caldwell, Catahoula, Concordia, Franklin, Rapides, Tensas | $1,342,393 |
| Livestock Gross Margin (LGM) – Dairy Cattle | All parishes | N/A |
| Livestock Gross Margin (LGM) – Swine | All parishes | N/A |
| Livestock Risk Protection (LRP) – Fed Cattle | All parishes | N/A |
| Livestock Risk Protection (LRP) – Feeder Cattle | All parishes | $23,726 |
| Livestock Risk Protection (LRP) – Swine | All parishes | N/A |
| Nursery Grower’s Price Endorsement | All parishes | N/A |
| Oysters | Cameron, Iberia, Jefferson, Lafourche, Plaquemines, St Bernard, St Mary, Terrebonne, Vermilion | N/A |
| Pasture, Rangeland, Forage | All parishes | $8,718,354 |
| Whole Farm Revenue Protection | All parishes | $5,634,955 |
| Dollar Liability Program | |||
|---|---|---|---|
| Program | Total Dollar Liability | ||
| Nursery | $13,308,036 |
*“Higher than normal prevented planted acreage caused insured acres to be greater than planted acres.”
15 Year Crop Insurance History for Louisiana
| Year | Policies Earning Premium | Net Acres Insured | Liability | Gross Premium | Losses | Loss Ratio |
|---|---|---|---|---|---|---|
| 2004 | 10,274 | 2,838,205 | 403,427,582 | 37,251,593 | 29,458,745 | 0.79 |
| 2005 | 9,423 | 2,648,309 | 367,167,429 | 33,546,452 | 17,329,684 | 0.52 |
| 2006 | 8,331 | 2,522,109 | 387,088,613 | 37,592,066 | 21,848,405 | 0.58 |
| 2007 | 8,760 | 2,663,156 | 488,999,528 | 50,778,260 | 15,786,694 | 0.31 |
| 2008 | 9,100 | 2,835,933 | 606,289,901 | 62,981,725 | 76,348,458 | 1.21 |
| 2009 | 8,085 | 2,735,545 | 686,036,875 | 75,664,101 | 64,906,109 | 0.86 |
| 2010 | 8,151 | 2,761,606 | 715,175,033 | 76,296,139 | 32,549,113 | 0.42 |
| 2011 | 8,478 | 2,785,985 | 981,221,331 | 101,762,450 | 64,511,050 | 0.63 |
| 2012 | 8,468 | 2,815,336 | 959,638,952 | 94,459,859 | 32,327,324 | 0.34 |
| 2013 | 8,243 | 2,845,893 | 1,109,057,457 | 98,684,158 | 28,410,200 | 0.29 |
| 2014 | 8,036 | 2,877,638 | 1,009,145,316 | 81,814,494 | 30,366,357 | 0.37 |
| 2015 | 7,924 | 2,905,415 | 892,716,289 | 73,388,028 | 84,232,745 | 1.15 |
| 2016 | 8,195 | 3,064,248 | 947,339,083 | 75,189,919 | 99,344,626 | 1.32 |
| 2017 | 7,371 | 2,780,896 | 977,507,614 | 83,270,704 | 52,888,630 | 0.64 |
| 2018 | 7,229 | 2,872,609 | 1,096,335,421 | 79,833,794 | 83,759,774 | 1.05 |
| 2019 | 7,501 | 2,932,903 | 1,101,257,803 | 83,429,925 | 112,701,008 | 1.35 |
Data current as of January 7, 2020. For current data go to RMA’s Summary of Business tool.
Where to Buy Crop Insurance
All multi-peril crop insurance, including Catastrophic Risk Protection policies, are available from private crop insurance agents. A list of crop insurance agents is available at all USDA service centers and on RMA’s website.