Crop-loss band · Minnesota
Grant County, Minnesota — crop-loss band
- 1.13Low end of the filed band
- 2.64Middle of the filed band
- 3.62High end of the filed band
- 2019Worst year filed (4.64)
- 10Years filed
Every year the Risk Management Agency has filed for Grant 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 1.13 at the low end to 3.62 at the high end, with 2.64 in the middle. The worst year filed is 2019, at 4.64. 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 | $589,189 | $1,617,800 | $7,246,733 | 101 | 101 | 2.75 |
| 2016 | $143,510 | $161,465 | $1,826,988 | 36 | 36 | 1.13 |
| 2017 | $653,631 | $847,737 | $7,404,978 | 86 | 86 | 1.30 |
| 2018 | $324,366 | $856,758 | $4,175,828 | 101 | 101 | 2.64 |
| 2019 | $1,688,036 | $7,825,258 | $21,062,982 | 338 | 338 | 4.64 |
| 2020 | $1,145,012 | $3,397,177 | $10,048,478 | 174 | 174 | 2.97 |
| 2021 | $670,345 | $1,108,026 | $8,151,804 | 102 | 102 | 1.65 |
| 2022 | $2,847,990 | $10,308,755 | $26,714,106 | 280 | 280 | 3.62 |
| 2023 | $5,248,220 | $10,285,439 | $75,650,670 | 304 | 304 | 1.96 |
| 2024 | $5,497,671 | $15,927,598 | $63,748,569 | 618 | 618 | 2.90 |
Commodities insured in Grant County
5 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
- 0.59Low end of the filed band
- 3.27Middle of the filed band
- 4.86High end of the filed band
- 2020Worst year filed (5.42)
- 10Years filed
- $10,730,457Premium filed
- $32,525,083Indemnity paid
- $131,735,625Liability insured
- 184,856Quantity planted
- 163,719Quantity lost
- 884Policies
- 884Policies with a loss
- 3.03Loss ratio, whole span
Causes that carried the indemnity in Grant County
- Excess Moisture/Precipitation/Rain $19,304,778 indemnity · 10 years
- Drought $6,367,015 indemnity · 6 years
- Cold Wet Weather $2,977,780 indemnity · 10 years
- Decline in Price $1,725,058 indemnity · 5 years
- ARPI/SCO/ECO/STAX/MP/HIP-WI/PACE Crops Only $1,026,527 indemnity · 2 years
- Hail $613,445 indemnity · 3 years
Soybeans 10 years filed
- 1.34Low end of the filed band
- 2.37Middle of the filed band
- 3.38High end of the filed band
- 2019Worst year filed (4.92)
- 10Years filed
- $5,109,956Premium filed
- $11,646,685Indemnity paid
- $62,491,076Liability insured
- 141,351Quantity planted
- 134,107Quantity lost
- 868Policies
- 868Policies with a loss
- 2.28Loss ratio, whole span
Causes that carried the indemnity in Grant County
- Excess Moisture/Precipitation/Rain $5,010,664 indemnity · 9 years
- Drought $3,746,990 indemnity · 9 years
- Cold Wet Weather $804,561 indemnity · 9 years
- Hail $746,414 indemnity · 8 years
- Decline in Price $708,640 indemnity · 7 years
- ARPI/SCO/ECO/STAX/MP/HIP-WI/PACE Crops Only $289,808 indemnity · 3 years
Sugar Beets 10 years filed
- 0.30Low end of the filed band
- 1.83Middle of the filed band
- 3.92High end of the filed band
- 2019Worst year filed (5.70)
- 10Years filed
- $1,417,151Premium filed
- $4,472,780Indemnity paid
- $16,617,871Liability insured
- 15,280Quantity planted
- 13,655Quantity lost
- 163Policies
- 163Policies with a loss
- 3.16Loss ratio, whole span
Causes that carried the indemnity in Grant County
- Excess Moisture/Precipitation/Rain $2,154,468 indemnity · 7 years
- Cold Wet Weather $826,542 indemnity · 6 years
- Freeze $524,509 indemnity · 3 years
- Drought $511,463 indemnity · 5 years
- Plant Disease $146,251 indemnity · 1 years
- Wind/Excess Wind $101,305 indemnity · 5 years
Dry Beans 8 years filed
- 1.12Low end of the filed band
- 2.12Middle of the filed band
- 4.14High end of the filed band
- 2023Worst year filed (4.14)
- 8Years filed
- $1,250,028Premium filed
- $2,512,111Indemnity paid
- $10,387,078Liability insured
- 18,596Quantity planted
- 18,945Quantity lost
- 55Policies
- 55Policies with a loss
- 2.01Loss ratio, whole span
Causes that carried the indemnity in Grant County
- Excess Moisture/Precipitation/Rain $986,735 indemnity · 7 years
- Cold Wet Weather $529,929 indemnity · 4 years
- Decline in Price $491,437 indemnity · 2 years
- ARPI/SCO/STAX/MP/HIP WI Crops Only $254,658 indemnity · 1 years
- Drought $244,162 indemnity · 3 years
- Wind/Excess Wind $3,724 indemnity · 1 years
Wheat 10 years filed
- 1.95Low end of the filed band
- 3.76Middle of the filed band
- 5.67High end of the filed band
- 2021Worst year filed (7.26)
- 10Years filed
- $300,378Premium filed
- $1,179,354Indemnity paid
- $4,799,486Liability insured
- 15,259Quantity planted
- 15,252Quantity lost
- 170Policies
- 170Policies with a loss
- 3.93Loss ratio, whole span
Causes that carried the indemnity in Grant County
- Drought $450,009 indemnity · 8 years
- Excess Moisture/Precipitation/Rain $378,895 indemnity · 6 years
- Heat $217,256 indemnity · 3 years
- Decline in Price $75,719 indemnity · 5 years
- Hail $27,560 indemnity · 3 years
- Cold Wet Weather $12,068 indemnity · 1 years
Every county-crop the agency files in Minnesota → Buy the Grant 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.