Crop-loss band · Minnesota
Cottonwood County, Minnesota — crop-loss band
- 0.79Low end of the filed band
- 2.59Middle of the filed band
- 3.41High end of the filed band
- 2019Worst year filed (4.23)
- 10Years filed
Every year the Risk Management Agency has filed for Cottonwood 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 0.79 at the low end to 3.41 at the high end, with 2.59 in the middle. The worst year filed is 2019, at 4.23. 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 | $118,582 | $404,412 | $2,319,714 | 60 | 60 | 3.41 |
| 2016 | $287,990 | $227,936 | $5,723,260 | 77 | 75 | 0.79 |
| 2017 | $531,009 | $902,097 | $9,458,234 | 172 | 172 | 1.70 |
| 2018 | $3,726,411 | $12,132,033 | $83,462,535 | 994 | 994 | 3.26 |
| 2019 | $3,727,516 | $15,754,844 | $79,422,291 | 1,032 | 1,029 | 4.23 |
| 2020 | $161,407 | $433,520 | $3,612,411 | 71 | 71 | 2.69 |
| 2021 | $1,583,768 | $4,108,753 | $22,854,959 | 260 | 260 | 2.59 |
| 2022 | $1,120,874 | $1,560,480 | $17,221,618 | 200 | 200 | 1.39 |
| 2023 | $7,198,896 | $11,788,351 | $134,928,917 | 1,146 | 1,146 | 1.64 |
| 2024 | $9,019,612 | $23,970,030 | $162,874,464 | 1,491 | 1,491 | 2.66 |
Commodities insured in Cottonwood 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
- 0.65Low end of the filed band
- 2.36Middle of the filed band
- 3.17High end of the filed band
- 2019Worst year filed (4.80)
- 10Years filed
- $18,131,736Premium filed
- $46,847,576Indemnity paid
- $344,776,778Liability insured
- 446,790Quantity planted
- 424,255Quantity lost
- 3,021Policies
- 3,016Policies with a loss
- 2.58Loss ratio, whole span
Causes that carried the indemnity in Cottonwood County
- Excess Moisture/Precipitation/Rain $28,046,737 indemnity · 10 years
- Drought $7,402,906 indemnity · 7 years
- Wind/Excess Wind $4,144,921 indemnity · 5 years
- Decline in Price $4,036,109 indemnity · 7 years
- Hail $1,423,881 indemnity · 8 years
- ARPI/SCO/STAX/MP Crops Only $832,646 indemnity · 3 years
Soybeans 10 years filed
- 1.32Low end of the filed band
- 2.17Middle of the filed band
- 3.34High end of the filed band
- 2015Worst year filed (3.60)
- 10Years filed
- $9,022,050Premium filed
- $23,551,041Indemnity paid
- $174,194,958Liability insured
- 328,230Quantity planted
- 312,204Quantity lost
- 2,455Policies
- 2,455Policies with a loss
- 2.61Loss ratio, whole span
Causes that carried the indemnity in Cottonwood County
- Excess Moisture/Precipitation/Rain $14,846,728 indemnity · 9 years
- Drought $3,703,679 indemnity · 6 years
- Decline in Price $2,256,028 indemnity · 7 years
- Hail $1,969,795 indemnity · 10 years
- ARPI/SCO/STAX/MP Crops Only $389,106 indemnity · 3 years
- Cold Wet Weather $163,162 indemnity · 6 years
All Other Crops 8 years filed
- 0.76Low end of the filed band
- 2.28Middle of the filed band
- 4.24High end of the filed band
- 2017Worst year filed (4.24)
- 8Years filed
- $322,279Premium filed
- $883,839Indemnity paid
- $2,906,666Liability insured
- 4,014Quantity planted
- 4,139Quantity lost
- 27Policies
- 27Policies with a loss
- 2.74Loss ratio, whole span
Causes that carried the indemnity in Cottonwood County
- Excess Moisture/Precipitation/Rain $857,935 indemnity · 4 years
- ARPI/SCO/STAX/MP Crops Only $25,904 indemnity · 6 years
Every county-crop the agency files in Minnesota → Buy the Cottonwood 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.