Crop-loss band · Minnesota
Pennington County, Minnesota — crop-loss band
- 1.97Low end of the filed band
- 2.45Middle of the filed band
- 2.83High end of the filed band
- 2024Worst year filed (2.99)
- 10Years filed
Every year the Risk Management Agency has filed for Pennington 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 1.97 at the low end to 2.83 at the high end, with 2.45 in the middle. The worst year filed is 2024, at 2.99. 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 | $839,620 | $2,027,018 | $4,480,348 | 126 | 126 | 2.41 |
| 2016 | $606,492 | $1,715,635 | $3,111,717 | 95 | 95 | 2.83 |
| 2017 | $2,829,232 | $6,787,020 | $17,065,917 | 198 | 198 | 2.40 |
| 2018 | $1,121,395 | $2,728,259 | $6,763,811 | 108 | 108 | 2.43 |
| 2019 | $1,856,901 | $5,198,223 | $11,541,249 | 292 | 292 | 2.80 |
| 2020 | $2,736,479 | $7,450,756 | $14,155,855 | 353 | 353 | 2.72 |
| 2021 | $7,930,747 | $20,925,157 | $51,932,255 | 557 | 557 | 2.64 |
| 2022 | $4,874,604 | $11,947,858 | $18,580,351 | 484 | 484 | 2.45 |
| 2023 | $1,716,862 | $3,386,597 | $9,347,745 | 230 | 230 | 1.97 |
| 2024 | $6,944,209 | $20,795,858 | $38,325,368 | 716 | 716 | 2.99 |
Commodities insured in Pennington County
8 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.
Soybeans 10 years filed
- 1.61Low end of the filed band
- 2.47Middle of the filed band
- 2.55High end of the filed band
- 2024Worst year filed (2.71)
- 10Years filed
- $14,019,810Premium filed
- $34,708,584Indemnity paid
- $80,933,440Liability insured
- 325,880Quantity planted
- 328,674Quantity lost
- 1,255Policies
- 1,255Policies with a loss
- 2.48Loss ratio, whole span
Causes that carried the indemnity in Pennington County
- Drought $19,316,442 indemnity · 7 years
- Excess Moisture/Precipitation/Rain $13,121,985 indemnity · 10 years
- Cold Wet Weather $892,772 indemnity · 5 years
- Freeze $362,887 indemnity · 5 years
- Hail $327,395 indemnity · 6 years
- Decline in Price $183,237 indemnity · 5 years
Wheat 10 years filed
- 1.61Low end of the filed band
- 2.63Middle of the filed band
- 3.45High end of the filed band
- 2024Worst year filed (4.17)
- 10Years filed
- $8,058,506Premium filed
- $26,674,886Indemnity paid
- $58,360,018Liability insured
- 214,792Quantity planted
- 213,517Quantity lost
- 1,011Policies
- 1,011Policies with a loss
- 3.31Loss ratio, whole span
Causes that carried the indemnity in Pennington County
- Excess Moisture/Precipitation/Rain $14,895,708 indemnity · 9 years
- Drought $7,009,968 indemnity · 7 years
- Cold Wet Weather $1,507,973 indemnity · 7 years
- Falling Numbers $1,166,270 indemnity · 3 years
- Mycotoxin $960,177 indemnity · 1 years
- Decline in Price $583,922 indemnity · 5 years
Corn 10 years filed
- 0.72Low end of the filed band
- 2.03Middle of the filed band
- 2.23High end of the filed band
- 2015Worst year filed (2.64)
- 10Years filed
- $5,667,628Premium filed
- $11,437,278Indemnity paid
- $18,413,926Liability insured
- 54,287Quantity planted
- 54,273Quantity lost
- 308Policies
- 308Policies with a loss
- 2.02Loss ratio, whole span
Causes that carried the indemnity in Pennington County
- Excess Moisture/Precipitation/Rain $7,512,924 indemnity · 9 years
- Drought $3,057,852 indemnity · 4 years
- Cold Wet Weather $616,497 indemnity · 4 years
- Decline in Price $155,627 indemnity · 3 years
- Hail $34,662 indemnity · 2 years
- Wind/Excess Wind $33,627 indemnity · 2 years
Canola 9 years filed
- 1.05Low end of the filed band
- 3.26Middle of the filed band
- 3.96High end of the filed band
- 2020Worst year filed (3.96)
- 9Years filed
- $915,679Premium filed
- $2,548,917Indemnity paid
- $4,044,141Liability insured
- 17,561Quantity planted
- 17,903Quantity lost
- 71Policies
- 71Policies with a loss
- 2.78Loss ratio, whole span
Causes that carried the indemnity in Pennington County
- Excess Moisture/Precipitation/Rain $1,310,809 indemnity · 6 years
- Hail $627,046 indemnity · 3 years
- Drought $458,867 indemnity · 3 years
- Wind/Excess Wind $63,548 indemnity · 2 years
- Other (Snow, Lightning, Etc.) $54,039 indemnity · 2 years
- Cold Wet Weather $26,476 indemnity · 2 years
Dry Beans 9 years filed
- 0.39Low end of the filed band
- 2.60Middle of the filed band
- 5.81High end of the filed band
- 2021Worst year filed (5.81)
- 9Years filed
- $692,615Premium filed
- $2,435,098Indemnity paid
- $3,748,229Liability insured
- 11,169Quantity planted
- 11,051Quantity lost
- 80Policies
- 80Policies with a loss
- 3.52Loss ratio, whole span
Causes that carried the indemnity in Pennington County
- Excess Moisture/Precipitation/Rain $1,253,839 indemnity · 6 years
- Drought $976,995 indemnity · 4 years
- Wind/Excess Wind $132,998 indemnity · 1 years
- Freeze $29,381 indemnity · 1 years
- Cold Wet Weather $29,228 indemnity · 3 years
- Decline in Price $12,658 indemnity · 1 years
Pasture,Rangeland,Forage 7 years filed
- 1.02Low end of the filed band
- 2.34Middle of the filed band
- 3.49High end of the filed band
- 2021Worst year filed (3.49)
- 7Years filed
- $954,561Premium filed
- $2,324,136Indemnity paid
- $5,038,928Liability insured
- 28,051Quantity planted
- 0Quantity lost
- 307Policies
- 307Policies with a loss
- 2.43Loss ratio, whole span
Causes that carried the indemnity in Pennington County
- ARPI/SCO/STAX/MP Crops Only $2,324,136 indemnity · 7 years
Sunflowers 9 years filed
- 1.67Low end of the filed band
- 2.29Middle of the filed band
- 4.26High end of the filed band
- 2016Worst year filed (4.26)
- 9Years filed
- $763,726Premium filed
- $2,009,558Indemnity paid
- $2,760,695Liability insured
- 12,903Quantity planted
- 13,687Quantity lost
- 79Policies
- 79Policies with a loss
- 2.63Loss ratio, whole span
Causes that carried the indemnity in Pennington County
- Excess Moisture/Precipitation/Rain $1,590,120 indemnity · 7 years
- Plant Disease $198,085 indemnity · 3 years
- Drought $133,011 indemnity · 3 years
- Cold Wet Weather $31,912 indemnity · 2 years
- All Other Causes $25,393 indemnity · 1 years
- Other (Snow, Lightning, Etc.) $12,421 indemnity · 1 years
Barley 10 years filed
- 1.26Low end of the filed band
- 2.50Middle of the filed band
- 4.68High end of the filed band
- 2019Worst year filed (6.84)
- 10Years filed
- $384,016Premium filed
- $823,924Indemnity paid
- $2,005,240Liability insured
- 8,903Quantity planted
- 8,903Quantity lost
- 48Policies
- 48Policies with a loss
- 2.15Loss ratio, whole span
Causes that carried the indemnity in Pennington County
- Excess Moisture/Precipitation/Rain $441,035 indemnity · 6 years
- Drought $317,646 indemnity · 3 years
- Hail $28,271 indemnity · 2 years
- Decline in Price $15,006 indemnity · 1 years
- Other (Snow, Lightning, Etc.) $12,586 indemnity · 1 years
- Insects $4,872 indemnity · 1 years
Every county-crop the agency files in Minnesota → Buy the Pennington 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.