RMA Quick Stats

Printable and Accessible PDF Version of Securing the Future of Agriculture

• The 10-year loss ratio meets target.
• Improper payment rate has been under 3% for 8 consecutive years, one of the lowest improper payment rates in government.
• Commodity review: Insurance rates are reviewed frequently and effectively using historical program experience.
• Producer investments: $43.3 billion in premiums collected over the last 10 years.

• More products insured: 50 plus insurance products developed through the 508(h) process, overseen by the Federal Crop Insurance Corporation (FCIC) Board.
• Available Choices: 134 crops insured, up from 112 crops in 2000; 604 varieties insured, up from 325 varieties in 200; 36 types of plans, up from 20 plans in 2012.
• Coverage level: producers have elected for higher coverage levels.

• Best place to work at USDA for 3 years in a row according to the Federal Employee Viewpoint Survey.

• Written agreements: Turnaround times reduced by 35% for individualized coverage applications during the pandemic, from 13.35 days to 8.74 days on average.
• Public engagement: 700,000 public participants were engaged with in 2022 through RMA outreach efforts.

• Whole-Farm Revenue Protection;
  • insurable coverage increased from $8.5 million to $17 million;
  • 16.7K policies sold and $961.2 million in premiums received from 2015-2022;
  • reduced paperwork for easy reporting;
  • Micro Farm program added in 2022 to protect small, diversified producers.
• Supplemental policies earning premium: policies have increased greatly since 2015.
  Organic:
  • organic policies have increased greatly since 2013. From 2013 to 2022; a total of 86,685 policies have been sold and 12,996,020 acres have been insured;
  • top 10 organic commodities insured are 1-corn, 2-apples, 3-soybeans, 4-wheat, 5-blueberries, 6-almonds, 7-grapes, 8-peanut, 9-potatoes, 10-citrus fruit;
  • Producers have purchased organic coverage for 70 plus crops.