Crop-loss band · Minnesota
Becker County, Minnesota — crop-loss band
- 1.53Low end of the filed band
- 2.22Middle of the filed band
- 2.74High end of the filed band
- 2024Worst year filed (2.75)
- 10Years filed
Every year the Risk Management Agency has filed for Becker 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 1.53 at the low end to 2.74 at the high end, with 2.22 in the middle. The worst year filed is 2024, at 2.75. 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 | $798,680 | $1,323,144 | $3,552,429 | 102 | 102 | 1.66 |
| 2016 | $794,211 | $1,366,081 | $7,513,093 | 97 | 97 | 1.72 |
| 2017 | $1,070,486 | $1,640,061 | $5,498,528 | 86 | 85 | 1.53 |
| 2018 | $782,655 | $1,712,840 | $5,273,307 | 103 | 103 | 2.19 |
| 2019 | $2,207,541 | $4,892,940 | $14,040,858 | 227 | 227 | 2.22 |
| 2020 | $1,610,627 | $4,413,015 | $9,314,806 | 111 | 111 | 2.74 |
| 2021 | $1,461,200 | $3,615,024 | $10,952,387 | 206 | 206 | 2.47 |
| 2022 | $963,558 | $2,367,349 | $6,995,751 | 121 | 121 | 2.46 |
| 2023 | $1,789,533 | $4,033,901 | $13,598,609 | 163 | 163 | 2.25 |
| 2024 | $2,904,854 | $7,983,903 | $22,696,477 | 292 | 292 | 2.75 |
Commodities insured in Becker County
5 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
- 1.19Low end of the filed band
- 2.56Middle of the filed band
- 3.27High end of the filed band
- 2022Worst year filed (4.63)
- 10Years filed
- $5,029,211Premium filed
- $13,206,280Indemnity paid
- $32,790,933Liability insured
- 69,484Quantity planted
- 68,694Quantity lost
- 483Policies
- 483Policies with a loss
- 2.63Loss ratio, whole span
Causes that carried the indemnity in Becker County
- Excess Moisture/Precipitation/Rain $6,289,299 indemnity · 9 years
- Drought $3,894,379 indemnity · 10 years
- Cold Wet Weather $1,386,710 indemnity · 6 years
- Hail $556,504 indemnity · 7 years
- Insects $406,613 indemnity · 3 years
- Decline in Price $148,847 indemnity · 5 years
Soybeans 10 years filed
- 1.28Low end of the filed band
- 1.69Middle of the filed band
- 1.94High end of the filed band
- 2023Worst year filed (2.02)
- 10Years filed
- $7,198,325Premium filed
- $12,335,631Indemnity paid
- $43,794,785Liability insured
- 134,281Quantity planted
- 132,204Quantity lost
- 662Policies
- 661Policies with a loss
- 1.71Loss ratio, whole span
Causes that carried the indemnity in Becker County
- Excess Moisture/Precipitation/Rain $4,820,019 indemnity · 9 years
- Drought $3,916,816 indemnity · 9 years
- Hail $1,628,021 indemnity · 9 years
- Cold Wet Weather $553,367 indemnity · 7 years
- Decline in Price $347,405 indemnity · 5 years
- Frost $262,924 indemnity · 3 years
Wheat 10 years filed
- 2.46Low end of the filed band
- 3.46Middle of the filed band
- 6.73High end of the filed band
- 2021Worst year filed (8.59)
- 10Years filed
- $1,186,103Premium filed
- $4,796,744Indemnity paid
- $11,736,818Liability insured
- 43,069Quantity planted
- 43,069Quantity lost
- 261Policies
- 261Policies with a loss
- 4.04Loss ratio, whole span
Causes that carried the indemnity in Becker County
- Excess Moisture/Precipitation/Rain $2,139,327 indemnity · 9 years
- Drought $960,812 indemnity · 9 years
- Cold Wet Weather $407,003 indemnity · 4 years
- Heat $323,641 indemnity · 7 years
- Hail $313,353 indemnity · 4 years
- Falling Numbers $271,146 indemnity · 3 years
Dry Beans 8 years filed
- 0.44Low end of the filed band
- 2.79Middle of the filed band
- 5.55High end of the filed band
- 2023Worst year filed (5.55)
- 8Years filed
- $563,270Premium filed
- $1,824,139Indemnity paid
- $4,647,114Liability insured
- 6,515Quantity planted
- 6,494Quantity lost
- 36Policies
- 36Policies with a loss
- 3.24Loss ratio, whole span
Causes that carried the indemnity in Becker County
- Hail $728,394 indemnity · 3 years
- Excess Moisture/Precipitation/Rain $462,213 indemnity · 3 years
- Freeze $221,780 indemnity · 2 years
- ARPI/SCO/ECO/STAX/MP/PACE Crops Only $152,855 indemnity · 1 years
- Plant Disease $125,447 indemnity · 2 years
- Decline in Price $89,609 indemnity · 3 years
Sugar Beets 5 years filed
- 1.31Low end of the filed band
- 3.71Middle of the filed band
- 11.00High end of the filed band
- 2019Worst year filed (11.00)
- 5Years filed
- $406,436Premium filed
- $1,185,464Indemnity paid
- $6,466,595Liability insured
- 5,953Quantity planted
- 5,875Quantity lost
- 66Policies
- 66Policies with a loss
- 2.92Loss ratio, whole span
Causes that carried the indemnity in Becker County
- Freeze $329,104 indemnity · 1 years
- Excess Moisture/Precipitation/Rain $306,849 indemnity · 3 years
- Wind/Excess Wind $257,781 indemnity · 1 years
- Other (Snow, Lightning, Etc.) $174,534 indemnity · 1 years
- Drought $86,549 indemnity · 1 years
- Heat $30,648 indemnity · 1 years
Every county-crop the agency files in Minnesota → Buy the Becker 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.