Crop-loss band · Minnesota
McLeod County, Minnesota — crop-loss band
- 0.89Low end of the filed band
- 1.85Middle of the filed band
- 3.31High end of the filed band
- 2020Worst year filed (3.33)
- 10Years filed
Every year the Risk Management Agency has filed for McLeod 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 0.89 at the low end to 3.31 at the high end, with 1.85 in the middle. The worst year filed is 2020, at 3.33. 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 | $88,954 | $166,151 | $1,374,659 | 50 | 50 | 1.87 |
| 2016 | $773,829 | $1,074,824 | $12,586,205 | 199 | 199 | 1.39 |
| 2017 | $1,669,600 | $2,735,750 | $24,515,313 | 386 | 386 | 1.64 |
| 2018 | $1,380,182 | $3,013,628 | $19,413,117 | 347 | 347 | 2.18 |
| 2019 | $2,132,924 | $7,054,347 | $29,405,797 | 595 | 595 | 3.31 |
| 2020 | $412,207 | $1,372,331 | $4,888,363 | 89 | 89 | 3.33 |
| 2021 | $517,741 | $957,927 | $6,259,137 | 131 | 131 | 1.85 |
| 2022 | $939,351 | $836,220 | $10,763,902 | 150 | 150 | 0.89 |
| 2023 | $3,574,567 | $6,474,944 | $52,784,926 | 452 | 452 | 1.81 |
| 2024 | $7,521,416 | $23,700,735 | $111,168,698 | 1,231 | 1,231 | 3.15 |
Commodities insured in McLeod 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
- 0.65Low end of the filed band
- 1.82Middle of the filed band
- 3.66High end of the filed band
- 2020Worst year filed (4.81)
- 10Years filed
- $11,448,399Premium filed
- $29,393,767Indemnity paid
- $173,146,242Liability insured
- 231,925Quantity planted
- 208,607Quantity lost
- 1,777Policies
- 1,777Policies with a loss
- 2.57Loss ratio, whole span
Causes that carried the indemnity in McLeod County
- Excess Moisture/Precipitation/Rain $19,765,925 indemnity · 9 years
- Drought $4,241,607 indemnity · 6 years
- Decline in Price $1,647,845 indemnity · 8 years
- Hail $1,545,049 indemnity · 7 years
- ARPI/SCO/ECO/STAX/MP/HIP-WI/PACE Crops Only $1,191,758 indemnity · 2 years
- Cold Wet Weather $566,812 indemnity · 8 years
Soybeans 10 years filed
- 0.67Low end of the filed band
- 1.78Middle of the filed band
- 2.71High end of the filed band
- 2024Worst year filed (2.90)
- 10Years filed
- $6,322,352Premium filed
- $14,444,947Indemnity paid
- $88,678,581Liability insured
- 191,230Quantity planted
- 177,558Quantity lost
- 1,687Policies
- 1,687Policies with a loss
- 2.28Loss ratio, whole span
Causes that carried the indemnity in McLeod County
- Excess Moisture/Precipitation/Rain $9,757,568 indemnity · 9 years
- Hail $1,858,803 indemnity · 9 years
- Drought $1,497,607 indemnity · 7 years
- Decline in Price $718,294 indemnity · 8 years
- Cold Wet Weather $285,199 indemnity · 6 years
- Flood $129,447 indemnity · 1 years
Sugar Beets 9 years filed
- 0.12Low end of the filed band
- 3.35Middle of the filed band
- 6.65High end of the filed band
- 2016Worst year filed (6.65)
- 9Years filed
- $523,719Premium filed
- $1,923,987Indemnity paid
- $6,638,296Liability insured
- 6,140Quantity planted
- 5,859Quantity lost
- 60Policies
- 60Policies with a loss
- 3.67Loss ratio, whole span
Causes that carried the indemnity in McLeod County
- Excess Moisture/Precipitation/Rain $1,896,536 indemnity · 8 years
- Hail $19,756 indemnity · 1 years
- ARPI/SCO/STAX/MP Crops Only $7,695 indemnity · 1 years
Dry Beans 8 years filed
- 0.65Low end of the filed band
- 2.04Middle of the filed band
- 4.26High end of the filed band
- 2024Worst year filed (4.26)
- 8Years filed
- $413,495Premium filed
- $1,128,110Indemnity paid
- $3,588,815Liability insured
- 5,382Quantity planted
- 5,886Quantity lost
- 45Policies
- 45Policies with a loss
- 2.73Loss ratio, whole span
Causes that carried the indemnity in McLeod County
- Excess Moisture/Precipitation/Rain $878,855 indemnity · 6 years
- Hail $97,522 indemnity · 2 years
- Drought $54,572 indemnity · 2 years
- ARPI/SCO/STAX/MP Crops Only $47,797 indemnity · 2 years
- Heat $46,499 indemnity · 1 years
- All Other Causes $2,865 indemnity · 1 years
Green Peas 8 years filed
- 1.21Low end of the filed band
- 1.31Middle of the filed band
- 3.03High end of the filed band
- 2016Worst year filed (3.03)
- 8Years filed
- $302,805Premium filed
- $496,046Indemnity paid
- $1,108,183Liability insured
- 3,024Quantity planted
- 3,024Quantity lost
- 61Policies
- 61Policies with a loss
- 1.64Loss ratio, whole span
Causes that carried the indemnity in McLeod County
- Heat $299,574 indemnity · 4 years
- Excess Moisture/Precipitation/Rain $131,048 indemnity · 5 years
- Hail $31,999 indemnity · 2 years
- ARPI/SCO/STAX/MP/HIP WI Crops Only $18,853 indemnity · 2 years
- Other (Snow, Lightning, Etc.) $10,051 indemnity · 2 years
- Hot Wind $4,521 indemnity · 1 years
Every county-crop the agency files in Minnesota → Buy the McLeod 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.