Crop-loss band · Minnesota
Sherburne County, Minnesota — crop-loss band
- 1.20Low end of the filed band
- 1.71Middle of the filed band
- 3.60High end of the filed band
- 2020Worst year filed (4.37)
- 10Years filed
Every year the Risk Management Agency has filed for Sherburne 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 1.20 at the low end to 3.60 at the high end, with 1.71 in the middle. The worst year filed is 2020, at 4.37. 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 | $25,467 | $43,658 | $139,281 | 9 | 9 | 1.71 |
| 2016 | $44,773 | $53,899 | $201,106 | 12 | 12 | 1.20 |
| 2017 | $301,345 | $501,700 | $2,419,153 | 41 | 41 | 1.66 |
| 2018 | $173,648 | $274,204 | $1,247,809 | 41 | 41 | 1.58 |
| 2019 | $340,194 | $984,994 | $2,032,392 | 55 | 55 | 2.90 |
| 2020 | $58,565 | $256,078 | $441,450 | 18 | 18 | 4.37 |
| 2021 | $727,360 | $2,620,114 | $4,214,127 | 104 | 104 | 3.60 |
| 2022 | $687,760 | $1,717,891 | $4,258,839 | 84 | 84 | 2.50 |
| 2023 | $961,899 | $2,693,709 | $4,875,531 | 147 | 147 | 2.80 |
| 2024 | $756,222 | $1,251,837 | $4,623,681 | 69 | 69 | 1.66 |
Commodities insured in Sherburne 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
- 1.25Low end of the filed band
- 1.87Middle of the filed band
- 2.92High end of the filed band
- 2021Worst year filed (3.67)
- 10Years filed
- $2,659,434Premium filed
- $6,666,959Indemnity paid
- $13,087,335Liability insured
- 26,760Quantity planted
- 26,717Quantity lost
- 318Policies
- 318Policies with a loss
- 2.51Loss ratio, whole span
Causes that carried the indemnity in Sherburne County
- Drought $4,017,577 indemnity · 6 years
- Excess Moisture/Precipitation/Rain $1,374,446 indemnity · 7 years
- ARPI/SCO/ECO/STAX/MP/HIP WI Crops Only $647,933 indemnity · 4 years
- Heat $222,950 indemnity · 6 years
- Decline in Price $141,654 indemnity · 5 years
- Cold Wet Weather $113,806 indemnity · 4 years
Soybeans 10 years filed
- 0.86Low end of the filed band
- 2.07Middle of the filed band
- 3.35High end of the filed band
- 2023Worst year filed (3.47)
- 10Years filed
- $1,134,544Premium filed
- $2,636,746Indemnity paid
- $7,948,605Liability insured
- 26,713Quantity planted
- 26,992Quantity lost
- 252Policies
- 252Policies with a loss
- 2.32Loss ratio, whole span
Causes that carried the indemnity in Sherburne County
- Drought $1,547,737 indemnity · 5 years
- Excess Moisture/Precipitation/Rain $514,316 indemnity · 7 years
- ARPI/SCO/STAX/MP Crops Only $187,920 indemnity · 3 years
- Cold Wet Weather $168,980 indemnity · 4 years
- Decline in Price $101,310 indemnity · 6 years
- Heat $51,565 indemnity · 5 years
Potatoes 6 years filed
- 1.48Low end of the filed band
- 7.23Middle of the filed band
- 11.19High end of the filed band
- 2020Worst year filed (11.19)
- 6Years filed
- $283,255Premium filed
- $1,094,379Indemnity paid
- $3,417,429Liability insured
- 1,029Quantity planted
- 1,029Quantity lost
- 10Policies
- 10Policies with a loss
- 3.86Loss ratio, whole span
Causes that carried the indemnity in Sherburne County
- Excess Moisture/Precipitation/Rain $644,345 indemnity · 3 years
- Other (Snow, Lightning, Etc.) $321,741 indemnity · 3 years
- Heat $118,396 indemnity · 2 years
- Cold Wet Weather $9,897 indemnity · 1 years
Every county-crop the agency files in Minnesota → Buy the Sherburne 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.