Crop-loss band · Minnesota
Big Stone County, Minnesota — crop-loss band
- 0.68Low end of the filed band
- 2.42Middle of the filed band
- 3.96High end of the filed band
- 2020Worst year filed (4.81)
- 10Years filed
Every year the Risk Management Agency has filed for Big Stone 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 0.68 at the low end to 3.96 at the high end, with 2.42 in the middle. The worst year filed is 2020, at 4.81. 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 | $1,643,244 | $2,644,722 | $17,495,299 | 322 | 319 | 1.61 |
| 2016 | $267,738 | $182,975 | $2,867,192 | 41 | 41 | 0.68 |
| 2017 | $2,165,727 | $1,657,963 | $22,343,484 | 262 | 262 | 0.77 |
| 2018 | $610,902 | $1,815,775 | $6,696,965 | 197 | 196 | 2.97 |
| 2019 | $3,256,193 | $12,906,622 | $35,072,297 | 731 | 729 | 3.96 |
| 2020 | $461,067 | $2,215,698 | $4,653,187 | 182 | 182 | 4.81 |
| 2021 | $711,967 | $1,719,869 | $7,646,978 | 145 | 145 | 2.42 |
| 2022 | $4,697,800 | $13,557,710 | $45,155,193 | 589 | 589 | 2.89 |
| 2023 | $2,876,719 | $5,005,053 | $33,298,488 | 313 | 313 | 1.74 |
| 2024 | $5,404,332 | $16,693,959 | $62,543,118 | 760 | 760 | 3.09 |
Commodities insured in Big Stone County
3 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
- 0.21Low end of the filed band
- 1.86Middle of the filed band
- 3.83High end of the filed band
- 2020Worst year filed (5.57)
- 10Years filed
- $13,762,192Premium filed
- $37,046,940Indemnity paid
- $138,544,071Liability insured
- 226,885Quantity planted
- 194,760Quantity lost
- 1,680Policies
- 1,677Policies with a loss
- 2.69Loss ratio, whole span
Causes that carried the indemnity in Big Stone County
- Excess Moisture/Precipitation/Rain $25,916,537 indemnity · 10 years
- Drought $4,719,877 indemnity · 8 years
- Cold Wet Weather $2,729,232 indemnity · 8 years
- Hail $1,399,518 indemnity · 9 years
- Decline in Price $951,914 indemnity · 7 years
- ARPI/SCO/STAX/MP Crops Only $757,197 indemnity · 3 years
Soybeans 10 years filed
- 1.00Low end of the filed band
- 2.30Middle of the filed band
- 4.09High end of the filed band
- 2019Worst year filed (4.44)
- 10Years filed
- $7,978,272Premium filed
- $20,016,745Indemnity paid
- $94,944,898Liability insured
- 221,329Quantity planted
- 207,235Quantity lost
- 1,591Policies
- 1,588Policies with a loss
- 2.51Loss ratio, whole span
Causes that carried the indemnity in Big Stone County
- Excess Moisture/Precipitation/Rain $11,191,783 indemnity · 10 years
- Drought $5,658,818 indemnity · 7 years
- Hail $1,373,846 indemnity · 10 years
- Cold Wet Weather $746,882 indemnity · 8 years
- ARPI/SCO/STAX/MP Crops Only $445,651 indemnity · 4 years
- Decline in Price $308,741 indemnity · 7 years
Wheat 10 years filed
- 2.13Low end of the filed band
- 3.46Middle of the filed band
- 4.89High end of the filed band
- 2015Worst year filed (5.51)
- 10Years filed
- $355,225Premium filed
- $1,336,661Indemnity paid
- $4,283,232Liability insured
- 16,317Quantity planted
- 16,400Quantity lost
- 271Policies
- 271Policies with a loss
- 3.76Loss ratio, whole span
Causes that carried the indemnity in Big Stone County
- Excess Moisture/Precipitation/Rain $523,109 indemnity · 10 years
- Drought $317,597 indemnity · 7 years
- Hail $310,891 indemnity · 6 years
- Heat $78,284 indemnity · 3 years
- Cold Wet Weather $61,475 indemnity · 3 years
- Decline in Price $27,191 indemnity · 5 years
Every county-crop the agency files in Minnesota → Buy the Big Stone 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.