Crop-loss band · Minnesota
Clay County, Minnesota — crop-loss band
- 1.85Low end of the filed band
- 2.32Middle of the filed band
- 3.44High end of the filed band
- 2020Worst year filed (3.78)
- 10Years filed
Every year the Risk Management Agency has filed for Clay 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 1.85 at the low end to 3.44 at the high end, with 2.32 in the middle. The worst year filed is 2020, at 3.78. 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 | $1,791,168 | $4,000,760 | $11,479,963 | 210 | 210 | 2.23 |
| 2016 | $1,358,607 | $3,156,580 | $11,487,725 | 211 | 211 | 2.32 |
| 2017 | $1,414,229 | $2,723,244 | $8,925,557 | 152 | 152 | 1.93 |
| 2018 | $1,599,739 | $4,327,758 | $12,537,653 | 221 | 221 | 2.71 |
| 2019 | $4,780,818 | $16,468,224 | $39,352,887 | 783 | 783 | 3.44 |
| 2020 | $3,745,834 | $14,156,293 | $22,478,370 | 466 | 466 | 3.78 |
| 2021 | $4,182,879 | $7,726,832 | $33,980,600 | 443 | 443 | 1.85 |
| 2022 | $2,315,044 | $6,712,781 | $17,005,608 | 298 | 298 | 2.90 |
| 2023 | $5,610,136 | $10,985,179 | $51,536,384 | 437 | 437 | 1.96 |
| 2024 | $5,118,038 | $15,145,934 | $46,937,739 | 620 | 620 | 2.96 |
Commodities insured in Clay County
7 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
- 1.39Low end of the filed band
- 2.26Middle of the filed band
- 4.35High end of the filed band
- 2020Worst year filed (4.55)
- 10Years filed
- $12,361,467Premium filed
- $35,170,299Indemnity paid
- $92,441,886Liability insured
- 183,947Quantity planted
- 181,341Quantity lost
- 998Policies
- 998Policies with a loss
- 2.85Loss ratio, whole span
Causes that carried the indemnity in Clay County
- Excess Moisture/Precipitation/Rain $18,201,608 indemnity · 10 years
- Drought $7,346,708 indemnity · 8 years
- Cold Wet Weather $6,937,086 indemnity · 7 years
- Hail $742,739 indemnity · 5 years
- Decline in Price $424,486 indemnity · 6 years
- All Other Causes $401,314 indemnity · 3 years
Soybeans 10 years filed
- 1.77Low end of the filed band
- 2.20Middle of the filed band
- 2.93High end of the filed band
- 2016Worst year filed (3.28)
- 10Years filed
- $13,133,628Premium filed
- $29,757,557Indemnity paid
- $99,882,457Liability insured
- 302,805Quantity planted
- 298,205Quantity lost
- 1,681Policies
- 1,681Policies with a loss
- 2.27Loss ratio, whole span
Causes that carried the indemnity in Clay County
- Excess Moisture/Precipitation/Rain $11,374,106 indemnity · 9 years
- Drought $10,124,241 indemnity · 8 years
- Hail $4,647,245 indemnity · 10 years
- Cold Wet Weather $1,808,068 indemnity · 8 years
- Decline in Price $572,610 indemnity · 8 years
- Frost $289,783 indemnity · 3 years
Sugar Beets 10 years filed
- 0.94Low end of the filed band
- 2.21Middle of the filed band
- 6.34High end of the filed band
- 2017Worst year filed (7.06)
- 10Years filed
- $2,886,880Premium filed
- $9,766,679Indemnity paid
- $31,892,934Liability insured
- 29,604Quantity planted
- 27,164Quantity lost
- 469Policies
- 469Policies with a loss
- 3.38Loss ratio, whole span
Causes that carried the indemnity in Clay County
- Excess Moisture/Precipitation/Rain $4,016,105 indemnity · 8 years
- Plant Disease $1,498,167 indemnity · 3 years
- Cold Wet Weather $1,449,381 indemnity · 5 years
- Drought $1,009,819 indemnity · 7 years
- Wind/Excess Wind $593,142 indemnity · 3 years
- Freeze $437,374 indemnity · 3 years
Wheat 10 years filed
- 1.97Low end of the filed band
- 2.39Middle of the filed band
- 3.45High end of the filed band
- 2024Worst year filed (4.70)
- 10Years filed
- $2,544,658Premium filed
- $8,221,170Indemnity paid
- $25,082,426Liability insured
- 88,034Quantity planted
- 86,941Quantity lost
- 546Policies
- 546Policies with a loss
- 3.23Loss ratio, whole span
Causes that carried the indemnity in Clay County
- Excess Moisture/Precipitation/Rain $3,553,858 indemnity · 9 years
- Drought $1,602,208 indemnity · 7 years
- Cold Wet Weather $1,114,198 indemnity · 7 years
- Falling Numbers $528,017 indemnity · 2 years
- Mycotoxin $512,857 indemnity · 2 years
- Hail $404,220 indemnity · 7 years
Sunflowers 8 years filed
- 1.78Low end of the filed band
- 2.53Middle of the filed band
- 4.02High end of the filed band
- 2016Worst year filed (4.02)
- 8Years filed
- $448,770Premium filed
- $1,157,231Indemnity paid
- $3,132,312Liability insured
- 10,203Quantity planted
- 9,843Quantity lost
- 53Policies
- 53Policies with a loss
- 2.58Loss ratio, whole span
Causes that carried the indemnity in Clay County
- Excess Moisture/Precipitation/Rain $532,822 indemnity · 7 years
- Decline in Price $231,925 indemnity · 1 years
- Drought $142,712 indemnity · 2 years
- Wind/Excess Wind $115,203 indemnity · 4 years
- Cold Wet Weather $104,487 indemnity · 2 years
- Wildlife $22,019 indemnity · 2 years
All Other Crops 9 years filed
- 0.71Low end of the filed band
- 2.56Middle of the filed band
- 7.39High end of the filed band
- 2019Worst year filed (7.39)
- 9Years filed
- $260,692Premium filed
- $667,019Indemnity paid
- $1,732,321Liability insured
- 15,610Quantity planted
- 463Quantity lost
- 55Policies
- 55Policies with a loss
- 2.56Loss ratio, whole span
Causes that carried the indemnity in Clay County
- ARPI/SCO/STAX Crops Only $475,344 indemnity · 9 years
- Drought $91,600 indemnity · 3 years
- Excess Moisture/Precipitation/Rain $59,551 indemnity · 2 years
- Cold Wet Weather $37,685 indemnity · 1 years
- Wind/Excess Wind $2,839 indemnity · 1 years
Dry Beans 10 years filed
- 0.61Low end of the filed band
- 2.68Middle of the filed band
- 4.92High end of the filed band
- 2016Worst year filed (5.64)
- 10Years filed
- $280,397Premium filed
- $663,630Indemnity paid
- $1,558,150Liability insured
- 3,763Quantity planted
- 3,265Quantity lost
- 39Policies
- 39Policies with a loss
- 2.37Loss ratio, whole span
Causes that carried the indemnity in Clay County
- Excess Moisture/Precipitation/Rain $478,410 indemnity · 7 years
- Drought $62,863 indemnity · 3 years
- Cold Wet Weather $34,168 indemnity · 1 years
- ARPI/SCO/ECO/STAX/MP/PACE Crops Only $21,001 indemnity · 1 years
- Hail $20,599 indemnity · 1 years
- Wind/Excess Wind $15,918 indemnity · 1 years
Every county-crop the agency files in Minnesota → Buy the Clay 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.