Crop-loss band · Minnesota
Mille Lacs County, Minnesota — crop-loss band
- 0.94Low end of the filed band
- 1.88Middle of the filed band
- 2.51High end of the filed band
- 2019Worst year filed (2.88)
- 10Years filed
Every year the Risk Management Agency has filed for Mille Lacs 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 0.94 at the low end to 2.51 at the high end, with 1.88 in the middle. The worst year filed is 2019, at 2.88. 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 | $35,106 | $65,233 | $174,591 | 22 | 22 | 1.86 |
| 2016 | $53,498 | $50,046 | $234,335 | 18 | 18 | 0.94 |
| 2017 | $508,324 | $956,484 | $2,592,676 | 108 | 108 | 1.88 |
| 2018 | $223,905 | $403,006 | $1,524,176 | 58 | 58 | 1.80 |
| 2019 | $1,391,645 | $4,003,735 | $7,876,216 | 317 | 317 | 2.88 |
| 2020 | $62,122 | $156,129 | $428,747 | 27 | 27 | 2.51 |
| 2021 | $1,223,893 | $2,418,787 | $7,622,781 | 170 | 170 | 1.98 |
| 2022 | $553,475 | $1,127,017 | $2,905,306 | 71 | 71 | 2.04 |
| 2023 | $1,967,985 | $3,474,791 | $12,236,359 | 216 | 216 | 1.77 |
| 2024 | $1,294,357 | $2,647,268 | $6,467,093 | 217 | 217 | 2.05 |
Commodities insured in Mille Lacs County
2 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
- 0.48Low end of the filed band
- 1.99Middle of the filed band
- 2.79High end of the filed band
- 2020Worst year filed (3.02)
- 10Years filed
- $5,112,402Premium filed
- $10,848,694Indemnity paid
- $29,755,904Liability insured
- 57,300Quantity planted
- 57,324Quantity lost
- 754Policies
- 754Policies with a loss
- 2.12Loss ratio, whole span
Causes that carried the indemnity in Mille Lacs County
- Excess Moisture/Precipitation/Rain $5,378,989 indemnity · 8 years
- Drought $3,982,193 indemnity · 5 years
- ARPI/SCO/STAX/MP Crops Only $712,718 indemnity · 4 years
- Cold Wet Weather $323,882 indemnity · 5 years
- Decline in Price $298,349 indemnity · 8 years
- Wind/Excess Wind $50,154 indemnity · 2 years
Soybeans 10 years filed
- 1.06Low end of the filed band
- 1.80Middle of the filed band
- 2.19High end of the filed band
- 2019Worst year filed (3.15)
- 10Years filed
- $2,201,907Premium filed
- $4,453,802Indemnity paid
- $12,306,376Liability insured
- 39,857Quantity planted
- 38,988Quantity lost
- 470Policies
- 470Policies with a loss
- 2.02Loss ratio, whole span
Causes that carried the indemnity in Mille Lacs County
- Excess Moisture/Precipitation/Rain $2,474,637 indemnity · 8 years
- Drought $1,533,959 indemnity · 6 years
- Decline in Price $159,471 indemnity · 5 years
- Cold Wet Weather $149,549 indemnity · 6 years
- ARPI/SCO/ECO/STAX/MP/HIP-WI/PACE Crops Only $67,249 indemnity · 2 years
- Wildlife $29,094 indemnity · 3 years
Every county-crop the agency files in Minnesota → Buy the Mille Lacs 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.