Crop-loss band · Minnesota
Murray County, Minnesota — crop-loss band
- 0.40Low end of the filed band
- 2.25Middle of the filed band
- 3.07High end of the filed band
- 2019Worst year filed (6.28)
- 10Years filed
Every year the Risk Management Agency has filed for Murray 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 0.40 at the low end to 3.07 at the high end, with 2.25 in the middle. The worst year filed is 2019, at 6.28. 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 | $318,308 | $717,440 | $5,076,412 | 94 | 94 | 2.25 |
| 2016 | $552,476 | $220,436 | $9,342,103 | 106 | 103 | 0.40 |
| 2017 | $831,392 | $1,590,152 | $13,778,860 | 249 | 249 | 1.91 |
| 2018 | $4,522,647 | $13,906,021 | $93,636,470 | 1,139 | 1,136 | 3.07 |
| 2019 | $5,734,019 | $36,014,502 | $106,935,906 | 1,725 | 1,725 | 6.28 |
| 2020 | $434,708 | $1,087,832 | $7,650,247 | 196 | 195 | 2.50 |
| 2021 | $672,039 | $1,811,968 | $9,610,397 | 172 | 172 | 2.70 |
| 2022 | $3,736,521 | $7,561,570 | $54,505,834 | 568 | 568 | 2.02 |
| 2023 | $8,540,537 | $14,626,567 | $140,746,423 | 1,053 | 1,053 | 1.71 |
| 2024 | $10,418,913 | $31,183,988 | $169,492,489 | 1,539 | 1,539 | 2.99 |
Commodities insured in Murray 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
- 0.36Low end of the filed band
- 2.40Middle of the filed band
- 3.97High end of the filed band
- 2019Worst year filed (7.16)
- 10Years filed
- $22,655,416Premium filed
- $70,548,211Indemnity paid
- $372,199,623Liability insured
- 519,831Quantity planted
- 501,384Quantity lost
- 3,625Policies
- 3,622Policies with a loss
- 3.11Loss ratio, whole span
Causes that carried the indemnity in Murray County
- Excess Moisture/Precipitation/Rain $45,465,126 indemnity · 9 years
- Drought $12,378,548 indemnity · 5 years
- Cold Wet Weather $3,636,406 indemnity · 8 years
- Wind/Excess Wind $3,224,586 indemnity · 3 years
- Decline in Price $2,831,791 indemnity · 8 years
- Hail $1,844,031 indemnity · 7 years
Soybeans 10 years filed
- 1.80Low end of the filed band
- 2.46Middle of the filed band
- 3.53High end of the filed band
- 2024Worst year filed (3.97)
- 10Years filed
- $12,829,156Premium filed
- $37,238,396Indemnity paid
- $236,613,859Liability insured
- 461,357Quantity planted
- 454,782Quantity lost
- 3,172Policies
- 3,168Policies with a loss
- 2.90Loss ratio, whole span
Causes that carried the indemnity in Murray County
- Excess Moisture/Precipitation/Rain $21,902,294 indemnity · 9 years
- Drought $8,910,924 indemnity · 7 years
- Hail $3,022,412 indemnity · 10 years
- Decline in Price $1,590,868 indemnity · 8 years
- Cold Wet Weather $689,036 indemnity · 6 years
- ARPI/SCO/STAX/MP Crops Only $634,106 indemnity · 5 years
All Other Crops 8 years filed
- 0.11Low end of the filed band
- 2.09Middle of the filed band
- 6.71High end of the filed band
- 2018Worst year filed (6.71)
- 8Years filed
- $276,988Premium filed
- $933,869Indemnity paid
- $1,961,657Liability insured
- 6,218Quantity planted
- 1,525Quantity lost
- 44Policies
- 44Policies with a loss
- 3.37Loss ratio, whole span
Causes that carried the indemnity in Murray County
- Excess Moisture/Precipitation/Rain $666,135 indemnity · 2 years
- ARPI/SCO/STAX/MP Crops Only $265,812 indemnity · 7 years
- Drought $1,922 indemnity · 2 years
Every county-crop the agency files in Minnesota → Buy the Murray 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.