Crop Insurance
The United States
Crop Insurance premium subsidies by cause of loss for Wheat, 1995-2023
The premium subsidies by cause of loss in the table below are lower than total premium subsidies for this state because the USDA Risk Management Agency only reports premium subsidies by cause of loss for policies that paid an indemnity. Non-indemnified policies and their associated premium subsidies are not reported by cause of loss.
| Crop Insurance premium subsidies by cause of loss for Wheat, 1995-2023 | |||
|---|---|---|---|
| Cause of Loss | Premium subsidies 1995-2023 | ||
| Drought | $2,843,196,996 | ||
| Excess Moisture/Precipitation/Rain | $1,276,231,495 | ||
| Hail | $540,048,673 | ||
| Decline in Price | $386,047,927 | ||
| Freeze | $301,881,609 | ||
| Cold Winter | $183,853,036 | ||
| Wind/Excess Wind | $182,426,456 | ||
| Heat | $158,461,552 | ||
| Cold Wet Weather | $116,862,386 | ||
| Plant Disease | $64,372,480 | ||
| GRP/GRIP/ARPI/SCO/STAX/MP/HIP WI Crops Only * | $54,274,829 | ||
| Hot Wind | $49,497,955 | ||
| Frost | $37,214,472 | ||
| Other (Snow, Lightning, Etc.) | $22,075,752 | ||
| Mycotoxin | $20,295,875 | ||
| All Other Causes | $18,264,135 | ||
| Failure of Irrigation Equipment | $16,532,302 | ||
| Insects | $15,117,840 | ||
| Flood | $14,911,252 | ||
| Falling Numbers | $10,046,273 | ||
| Wildlife | $7,305,871 | ||
| Fire | $1,180,458 | ||
| Failure of Irrigation Supply | $854,249 | ||
| Hurricane/Tropical Depression | $580,718 | ||
| Erosion | $381,907 | ||
| Tornado | $360,336 | ||
| Cyclone | $241,716 | ||
| Inability to Prepare Land for Irrigation | $152,117 | ||
| Earthquake | $100,740 | ||
| Volcanic Eruption | $22,762 | ||
| Market Price Difference - Spring vs Harvest | $22,645 | ||
| Poor Drainage | $22,401 | ||
| Tropical Storm | $1,812 | ||
| Federal or State Ordered Destruction | $1,021 | ||
| 1995-2023 | $6,322,842,048 | ||
* Types of insurance policies; details on the RMA website. Indemnities for GRP/GRIP crops between 1995-2013; indemnities for ARPI, SCO, STAX, MP, HIP, WI crops 2014-2020, indemnities for ECO crops 2021 and 2022.
Increasing crop reference prices would hurt young farmers
Do billionaires get farm subsidies?
Crop insurance pays billions in weather-related losses linked to the climate crisis
Crop insurance costs soar over time, reaching a record high in 2022
As the climate emergency heats up the Southwest, crop insurance payouts for heat surge
In the intensifying climate crisis, a hotter Southwest spurs rising heat-related crop insurance costs
