Kentucky State Profile - 2019 | Risk Management Agency

Revised January 2020

Crops	Insured Acres	Total Acres	Percent Insured
Apples	N/A	N/A	N/A
Barley	1,069	2,130	50%
Canola	1,178	1,850	64%
Corn	1,373,125	1,550,000	89%
Grain Sorghum	1,743	5,290	33%
Peaches	21	200	11%
Popcorn	4,333	N/A	N/A
Soybeans	1,503,124	1,700,000	88%
Tobacco – Burley	37,243	41,000	91%
Tobacco – Dark Air Cured	6,375	6,900	92%
Tobacco – Fire Cured	8,276	9,500	87%
Wheat	380,104	460,000	83%

Crop Pilot Programs

Program	County Availability	Total Liability
Apiculture	All Counties	$2,530
Livestock Gross Margin – Dairy Cattle	All Counties	N/A
Livestock Gross Margin – Swine	All Counties	N/A
Livestock Risk Protection (LRP) – Fed Cattle	All Counties	N/A
Livestock Risk Protection (LRP) – Feeder Cattle	All Counties	$529,948
Livestock Risk Protection (LRP) – Swine	All Counties	N/A
Nursery Grower’s Price Endorsement	All Counties	N/A
Pasture, Rangeland and Forage	All Counties	$30,026,135
Whole-Farm Revenue Protection	All Counties	$13,511,832

Dollar Liability Program

Program	Total Dollar Liability
Nursery	$1,154,670

15 Year Crop Insurance History for Kentucky

Year	Policies Earning Premium	Net Acres Insured	Liability	Gross Premium	Losses	Loss Ratio
2005	12,413	1,850,621	390,624,721	34,597,205	19,766,248	0.57
2006	11,426	1,835,279	431,358,026	39,137,246	13,924,121	0.36
2007	11,785	1,945,021	659,405,868	59,982,827	110,608,000	1.84
2008	13,544	2,261,010	1,030,624,660	106,628,005	114,290,667	1.07
2009	14,211	2,405,750	990,122,556	103,273,969	70,254,384	0.68
2010	14,173	2,514,887	953,838,466	89,918,413	137,982,198	1.53
2011	15,270	2,781,235	1,462,051,356	154,188,747	99,129,881	0.64
2012	16,234	2,981,130	1,574,617,655	144,739,801	490,510,122	3.39
2013	17,884	3,300,497	1,736,469,223	166,202,749	62,260,294	0.37
2014	18,227	3,367,034	1,624,595,103	149,717,810	142,377,585	0.95
2015	17,068	4,088,398	1,462,081,420	145,587,407	100,069,751	0.69
2016	16,567	3,422,237	1,373,530,166	142,195,510	122,926,477	0.86
2017	16,337	3,378,918	1,507,622,561	155,741,151	92,558,778	0.59
2018	16,107	3,479,753	1,526,676,299	144,285,686	110,813,452	0.77
2019	16,136	3,459,674	1,560,115,664	154,649,004	67,585,537	0.44

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.