Crop-loss band · Minnesota
Blue Earth County, Minnesota — crop-loss band
- 1.63Low end of the filed band
- 1.98Middle of the filed band
- 2.82High end of the filed band
- 2024Worst year filed (3.58)
- 10Years filed
Every year the Risk Management Agency has filed for Blue Earth 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 1.63 at the low end to 2.82 at the high end, with 1.98 in the middle. The worst year filed is 2024, at 3.58. 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 | $269,636 | $466,277 | $4,106,666 | 65 | 63 | 1.73 |
| 2016 | $1,189,134 | $2,507,357 | $23,585,123 | 332 | 318 | 2.11 |
| 2017 | $688,321 | $1,129,202 | $11,361,908 | 199 | 199 | 1.64 |
| 2018 | $5,089,677 | $14,342,449 | $100,268,391 | 992 | 991 | 2.82 |
| 2019 | $3,116,600 | $8,656,814 | $60,025,127 | 760 | 758 | 2.78 |
| 2020 | $636,709 | $1,038,822 | $11,728,483 | 234 | 234 | 1.63 |
| 2021 | $665,883 | $1,286,713 | $9,450,139 | 110 | 110 | 1.93 |
| 2022 | $410,074 | $811,614 | $4,624,428 | 68 | 68 | 1.98 |
| 2023 | $8,580,154 | $17,454,753 | $173,543,112 | 1,265 | 1,265 | 2.03 |
| 2024 | $12,016,439 | $42,976,123 | $210,697,926 | 1,637 | 1,637 | 3.58 |
Commodities insured in Blue Earth 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
- 1.33Low end of the filed band
- 2.17Middle of the filed band
- 3.20High end of the filed band
- 2024Worst year filed (3.85)
- 10Years filed
- $20,947,271Premium filed
- $61,269,198Indemnity paid
- $417,257,996Liability insured
- 510,432Quantity planted
- 515,554Quantity lost
- 3,198Policies
- 3,189Policies with a loss
- 2.92Loss ratio, whole span
Causes that carried the indemnity in Blue Earth County
- Excess Moisture/Precipitation/Rain $37,407,500 indemnity · 9 years
- Drought $9,158,517 indemnity · 6 years
- Decline in Price $6,074,899 indemnity · 8 years
- ARPI/SCO/STAX/MP Crops Only $3,546,012 indemnity · 3 years
- Cold Wet Weather $2,783,957 indemnity · 10 years
- Wind/Excess Wind $1,015,388 indemnity · 6 years
Soybeans 10 years filed
- 1.15Low end of the filed band
- 1.74Middle of the filed band
- 2.54High end of the filed band
- 2024Worst year filed (3.23)
- 10Years filed
- $11,401,580Premium filed
- $28,818,292Indemnity paid
- $190,885,786Liability insured
- 351,496Quantity planted
- 340,474Quantity lost
- 2,402Policies
- 2,392Policies with a loss
- 2.53Loss ratio, whole span
Causes that carried the indemnity in Blue Earth County
- Excess Moisture/Precipitation/Rain $20,539,012 indemnity · 10 years
- Decline in Price $2,090,160 indemnity · 8 years
- Drought $1,752,390 indemnity · 7 years
- ARPI/SCO/ECO/STAX/MP/PACE Crops Only $1,525,566 indemnity · 1 years
- Cold Wet Weather $1,478,526 indemnity · 8 years
- Hail $1,054,092 indemnity · 8 years
Green Peas 8 years filed
- 0.54Low end of the filed band
- 1.71Middle of the filed band
- 3.14High end of the filed band
- 2017Worst year filed (3.14)
- 8Years filed
- $313,776Premium filed
- $582,634Indemnity paid
- $1,247,521Liability insured
- 2,841Quantity planted
- 2,841Quantity lost
- 62Policies
- 62Policies with a loss
- 1.86Loss ratio, whole span
Causes that carried the indemnity in Blue Earth County
- Excess Moisture/Precipitation/Rain $277,949 indemnity · 6 years
- Heat $248,040 indemnity · 6 years
- Cold Wet Weather $38,491 indemnity · 2 years
- Drought $14,413 indemnity · 2 years
- All Other Causes $3,741 indemnity · 1 years
Every county-crop the agency files in Minnesota → Buy the Blue Earth 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.