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2006 North Carolina Crop Insurance Profile

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2006 North Carolina Crop Insurance Profile Powered By Docstoc
					                                                         Insurance Plans Available in North Carolina
                                            Insurable Crops             Insured Acres           Total Acres        Percent Insured
                                       Apples                                        5,019              6,800                    73.8%
                                       Barley                                        3,681             24,000                    15.3%
                                       Blueberries                                   4,264              4,700                    90.7%
                                       Cabbage                                       1,328              8,000                    16.6%
                                       Corn – APH                                  315,661                                       40.0%
                                       Corn – CRC                                  176,200                                       22.3%
                                       Corn – GRIP                                       0                                        0.0%
                                                                                                      790,000
                                       Corn – GRP                                   11,090                                        1.4%
                                       Corn – IIP                                   10,939                                        1.4%
                                       Corn – RA                                    92,850                                       11.8%
                                       Cotton – APH                                430,574                                       49.5%
                                       Cotton – CRC                                393,411            870,000                    45.2%

         2006                          Cotton – GRIP
                                       Fresh Market Beans
                                                                                     2,633
                                                                                     3,537               7,200
                                                                                                                                  0.3%
                                                                                                                                 49.1%
                                       Grain Sorghum – APH                           3,265                                       19.2%
        North                          Grain Sorghum – CRC
                                       Grapes
                                                                                     1,404
                                                                                       219
                                                                                                       17,000
                                                                                                        1,300
                                                                                                                                  8.3%
                                                                                                                                 16.8%
       Carolina                        Oats
                                       Peaches
                                                                                     3,008
                                                                                       686
                                                                                                       60,000
                                                                                                        1,200
                                                                                                                                  5.0%
                                                                                                                                 57.2%

         Crop                          Peanuts – APH
                                       Peanuts – GRP
                                                                                    69,376
                                                                                        34
                                                                                                       85,000
                                                                                                                                 81.6%
                                                                                                                                  0.0%
                                       Potatoes                                     17,006             17,700                    96.1%
      Insurance                        Soybeans – APH
                                       Soybeans – CRC
                                                                                   551,342
                                                                                   452,883
                                                                                                                                 40.2%
                                                                                                                                 33.1%
        Profile                        Soybeans – GRIP
                                       Soybeans – GRP
                                                                                     1,794
                                                                                    24,782
                                                                                                    1,370,000
                                                                                                                                  0.1%
                                                                                                                                  1.8%
                                       Soybeans – IIP                                8,413                                        0.6%
                                       Soybeans – RA                                15,738                                        1.1%
                                       Strawberries                                    156              1,700                     9.2%
                                       Sweetpotatoes                                 8,194             40,000                    20.5%
                                       Tobacco – Burley                              2,263              3,800                    59.6%
                                       Tobacco – Flue Cured                        144,677            155,000                    93.3%
                                       Wheat – APH                                 162,243                                       29.0%
                                       Wheat – CRC                                 125,749            560,000                    22.5%
                                       Wheat – GRP                                       0                                        0.0%
                                                              Total              3,044,419          4,023,400                    75.7%

                                       Adjusted Gross Revenue-Lite                  Liability     $1,681,596
                                       Nursery                                      Liability   $171,077,884
                                       Pilot Programs
Raleigh Regional Office                Cabbage                                                   Pasquotank
Contact: Larry Atkinson, Director                                                    Hyde                        Tyrrell
Address: 4407 Bland Rd, Ste 160        Fresh Market Beans
                                                                              (Program discontinued after the 2006 crop year.)
           Raleigh, NC 27609           Indexed Income Protection      All counties with established Corn or Soybean APH programs
Phone: (919) 875-4880                                                 Brunswick, Buncombe, Columbus, Cumberland, Duplin, Guilford, Hay-
Fax:       (919) 875-4915              Strawberries                   wood, Henderson, Johnston, New Hanover, Pender, Robeson, Wake
E-Mail:                                                               Columbus, Cumberland, Duplin, Edgecombe, Greene, Harnett,
larry.atkinson@rma.usda.gov            Sweetpotatoes                  Johnston, Lenoir, Nash, Sampson, Wake, Wayne, Wilson
Eastern Regional
Compliance Office
Contact: Johnnie Perdue, Director
Address: 4407 Bland Rd, Ste 280
          Raleigh, NC 27609
Phone: (919) 875-4930
Fax:      (919) 875-4928
E-Mail:johnnie.perdue@rma.usda.gov

Data current as of February 19, 2007




                                                 Risk Management Agency/USDA
                               North Carolina
                     Fifteen-Year Crop Insurance History
                Policies                                        Gross
                Earning        Net Acres       Liability       Premium           Losses          Loss
   Year         Premium         Insured           $               $                $             Ratio
   1992               13,549        577,313      511,707,613        21,224,015     20,088,575     0.95
   1993               13,039        596,158      514,904,296        20,835,946     57,225,881     2.75
   1994               15,823        906,039      512,428,642        22,760,404     14,720,947     0.65
   1995               49,300      3,175,552      800,073,400        37,971,936     86,417,454     2.28
   1996               36,741      2,741,728      866,824,017        42,239,744     81,119,084     1.92
   1997               28,471      2,525,618      933,716,670        46,715,205     48,038,287     1.03
   1998               26,149      2,525,183      865,583,154        46,316,366     79,828,390     1.72
   1999               27,589      2,845,207      890,345,353        55,975,119    132,013,342     2.36
   2000               27,566      3,018,627      890,451,318        59,399,448     44,012,847     0.74
   2001               25,948      3,069,060      957,712,464        68,357,669     57,313,677     0.84
   2002               25,379      3,062,466      959,475,533        63,430,835    145,736,738     2.30
   2003               24,604      3,085,084    1,004,324,646        75,758,302    130,154,944     1.72
   2004               24,995      3,155,077    1,089,406,172        89,521,275     64,625,584     0.72
   2005               19,043      3,100,818      906,676,099        77,463,361     65,555,883     0.85
   2006               17,776      3,047,032    1,010,907,735        88,243,905    100,429,327     1.14
   Total             375,972     37,430,962   12,714,537,112    816,213,530      1,127,280,960    1.38




NOTE: To see detailed information on the above 15 Year Crop Insurance History by County, go to
RMA’s Summary of Business Application at: http://www3.rma.usda.gov/apps/sob/ and then click on
the “Run Application” button. Select the State/County tab and then select the appropriate Year and
State to get a listing by County. Select the desired output type – Web Output, Formatted Print, or
Download Data to Excel.




                                      Risk Management Agency/USDA

				
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