Crop-loss band · Iowa
Sioux County, Iowa — crop-loss band
- 1.35Low end of the filed band
- 2.61Middle of the filed band
- 3.20High end of the filed band
- 2021Worst year filed (3.91)
- 10Years filed
Every year the Risk Management Agency has filed for Sioux County is in the series below, from 2015 to 2024. Read across those years the county’s annual loss ratio — indemnity divided by premium — runs from 1.35 at the low end to 3.20 at the high end, with 2.61 in the middle. The worst year filed is 2021, at 3.91. The band points are years the county actually ran, never a figure interpolated between two of them.
The county’s year-by-year record
| Year | Premium | Indemnity | Liability | Policies | Policies with a loss | Loss ratio |
|---|---|---|---|---|---|---|
| 2015 | $326,102 | $488,390 | $4,899,256 | 110 | 110 | 1.50 |
| 2016 | $326,694 | $439,650 | $6,430,620 | 108 | 108 | 1.35 |
| 2017 | $831,292 | $1,815,200 | $14,222,590 | 245 | 245 | 2.18 |
| 2018 | $1,185,314 | $3,788,531 | $22,616,781 | 552 | 552 | 3.20 |
| 2019 | $1,220,955 | $3,758,726 | $22,362,129 | 504 | 503 | 3.08 |
| 2020 | $1,249,028 | $3,358,284 | $23,195,809 | 358 | 358 | 2.69 |
| 2021 | $356,702 | $1,393,011 | $4,750,992 | 112 | 112 | 3.91 |
| 2022 | $8,219,093 | $22,864,579 | $112,358,399 | 955 | 955 | 2.78 |
| 2023 | $7,726,831 | $14,796,842 | $119,768,832 | 1,093 | 1,093 | 1.92 |
| 2024 | $4,673,120 | $12,187,528 | $72,687,406 | 980 | 980 | 2.61 |
Commodities insured in Sioux County
2 commodities here clear the desk’s floors — at least five filed years and a quarter of a million dollars of filed premium. Each carries its own band, so a reader can read the commodity they actually farm rather than the county average.
Corn 10 years filed
- 1.30Low end of the filed band
- 2.57Middle of the filed band
- 3.13High end of the filed band
- 2021Worst year filed (4.29)
- 10Years filed
- $19,731,526Premium filed
- $49,205,051Indemnity paid
- $288,871,168Liability insured
- 288,867Quantity planted
- 301,248Quantity lost
- 2,967Policies
- 2,966Policies with a loss
- 2.49Loss ratio, whole span
Causes that carried the indemnity in Sioux County
- Drought $26,327,790 indemnity · 8 years
- ARPI/SCO/STAX/MP Crops Only $5,753,475 indemnity · 5 years
- Excess Moisture/Precipitation/Rain $5,752,691 indemnity · 8 years
- Flood $4,022,646 indemnity · 5 years
- Decline in Price $3,776,242 indemnity · 10 years
- Hail $2,070,468 indemnity · 10 years
Soybeans 10 years filed
- 0.87Low end of the filed band
- 2.21Middle of the filed band
- 3.60High end of the filed band
- 2020Worst year filed (5.09)
- 10Years filed
- $6,383,604Premium filed
- $15,685,690Indemnity paid
- $114,421,646Liability insured
- 163,581Quantity planted
- 165,336Quantity lost
- 2,050Policies
- 2,050Policies with a loss
- 2.46Loss ratio, whole span
Causes that carried the indemnity in Sioux County
- Drought $6,646,487 indemnity · 8 years
- Excess Moisture/Precipitation/Rain $3,121,575 indemnity · 8 years
- Decline in Price $1,863,382 indemnity · 9 years
- ARPI/SCO/ECO/STAX/MP/HIP-WI/PACE Crops Only $1,436,931 indemnity · 3 years
- Flood $1,234,074 indemnity · 4 years
- Hail $835,683 indemnity · 9 years
Every county-crop the agency files in Iowa → Buy the Sioux County dossier →
Figures from the federal source files: EPA’s ECHO downloads, CMS provider files and the FMCSA census.
County cause-of-loss figures from the USDA Risk Management Agency’s Cause of Loss Summary of Business, county files, filed by the agency as a United States Government work. The loss ratio is the agency’s own published column: indemnity divided by premium, re-derived at the summed county-crop grain.