Crop-loss band · Minnesota
Fillmore County, Minnesota — crop-loss band
- 1.30Low end of the filed band
- 1.98Middle of the filed band
- 2.68High end of the filed band
- 2023Worst year filed (3.52)
- 10Years filed
Every year the Risk Management Agency has filed for Fillmore 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 1.30 at the low end to 2.68 at the high end, with 1.98 in the middle. The worst year filed is 2023, at 3.52. 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 | $267,730 | $426,737 | $3,824,783 | 114 | 114 | 1.59 |
| 2016 | $294,686 | $473,232 | $4,927,439 | 85 | 85 | 1.61 |
| 2017 | $453,437 | $590,853 | $6,574,659 | 144 | 141 | 1.30 |
| 2018 | $1,668,565 | $3,329,260 | $28,411,425 | 473 | 473 | 2.00 |
| 2019 | $1,395,207 | $3,732,542 | $23,485,027 | 353 | 353 | 2.68 |
| 2020 | $383,897 | $938,872 | $6,499,388 | 102 | 102 | 2.45 |
| 2021 | $654,296 | $861,815 | $9,709,920 | 126 | 126 | 1.32 |
| 2022 | $1,108,017 | $2,348,386 | $16,408,222 | 116 | 116 | 2.12 |
| 2023 | $8,090,823 | $28,487,949 | $151,954,155 | 1,287 | 1,287 | 3.52 |
| 2024 | $1,926,374 | $3,806,862 | $28,655,621 | 392 | 392 | 1.98 |
Commodities insured in Fillmore 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
- 1.56Low end of the filed band
- 2.34Middle of the filed band
- 2.95High end of the filed band
- 2023Worst year filed (3.64)
- 10Years filed
- $10,151,785Premium filed
- $31,295,170Indemnity paid
- $181,374,291Liability insured
- 207,435Quantity planted
- 201,378Quantity lost
- 1,605Policies
- 1,605Policies with a loss
- 3.08Loss ratio, whole span
Causes that carried the indemnity in Fillmore County
- Drought $20,083,092 indemnity · 8 years
- Excess Moisture/Precipitation/Rain $5,147,601 indemnity · 9 years
- Decline in Price $2,538,654 indemnity · 9 years
- ARPI/SCO/STAX/MP Crops Only $1,530,719 indemnity · 3 years
- Cold Wet Weather $705,293 indemnity · 10 years
- Wind/Excess Wind $529,017 indemnity · 7 years
Soybeans 10 years filed
- 0.59Low end of the filed band
- 1.56Middle of the filed band
- 1.98High end of the filed band
- 2023Worst year filed (2.46)
- 10Years filed
- $5,806,424Premium filed
- $10,864,189Indemnity paid
- $83,895,148Liability insured
- 154,787Quantity planted
- 145,871Quantity lost
- 1,335Policies
- 1,332Policies with a loss
- 1.87Loss ratio, whole span
Causes that carried the indemnity in Fillmore County
- Drought $4,810,200 indemnity · 8 years
- Excess Moisture/Precipitation/Rain $3,025,496 indemnity · 10 years
- Decline in Price $1,516,231 indemnity · 8 years
- Cold Wet Weather $489,031 indemnity · 10 years
- ARPI/SCO/STAX/MP Crops Only $401,758 indemnity · 4 years
- Hail $346,918 indemnity · 7 years
Forage Production 8 years filed
- 3.48Low end of the filed band
- 4.87Middle of the filed band
- 15.39High end of the filed band
- 2017Worst year filed (15.39)
- 8Years filed
- $284,823Premium filed
- $2,837,149Indemnity paid
- $15,181,200Liability insured
- 20,362Quantity planted
- 20,362Quantity lost
- 252Policies
- 252Policies with a loss
- 9.96Loss ratio, whole span
Causes that carried the indemnity in Fillmore County
- ARPI/SCO/STAX/MP Crops Only $2,744,702 indemnity · 3 years
- Drought $42,851 indemnity · 2 years
- Excess Moisture/Precipitation/Rain $22,093 indemnity · 4 years
- Cold Winter $16,670 indemnity · 2 years
- Cold Wet Weather $7,175 indemnity · 1 years
- Other (Snow, Lightning, Etc.) $3,658 indemnity · 1 years
Every county-crop the agency files in Minnesota → Buy the Fillmore 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.