Crop-loss band · Minnesota
Sibley County, Minnesota — crop-loss band
- 1.75Low end of the filed band
- 2.32Middle of the filed band
- 3.68High end of the filed band
- 2020Worst year filed (3.91)
- 10Years filed
Every year the Risk Management Agency has filed for Sibley 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 1.75 at the low end to 3.68 at the high end, with 2.32 in the middle. The worst year filed is 2020, at 3.91. 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 | $180,291 | $460,161 | $1,788,412 | 54 | 54 | 2.55 |
| 2016 | $781,147 | $1,584,422 | $11,266,695 | 194 | 194 | 2.03 |
| 2017 | $1,799,823 | $3,928,136 | $24,278,440 | 387 | 387 | 2.18 |
| 2018 | $3,028,449 | $6,687,607 | $42,645,730 | 554 | 553 | 2.21 |
| 2019 | $2,304,325 | $7,839,507 | $29,606,045 | 494 | 493 | 3.40 |
| 2020 | $1,298,932 | $5,078,126 | $16,082,321 | 296 | 295 | 3.91 |
| 2021 | $357,731 | $896,642 | $3,005,173 | 76 | 76 | 2.51 |
| 2022 | $665,402 | $1,166,876 | $7,828,536 | 110 | 110 | 1.75 |
| 2023 | $10,465,773 | $24,269,762 | $158,776,296 | 1,077 | 1,077 | 2.32 |
| 2024 | $11,181,070 | $41,132,896 | $163,965,088 | 1,683 | 1,683 | 3.68 |
Commodities insured in Sibley County
6 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
- 1.15Low end of the filed band
- 2.53Middle of the filed band
- 4.23High end of the filed band
- 2020Worst year filed (5.16)
- 10Years filed
- $19,404,464Premium filed
- $59,830,367Indemnity paid
- $305,922,053Liability insured
- 383,772Quantity planted
- 369,500Quantity lost
- 2,439Policies
- 2,437Policies with a loss
- 3.08Loss ratio, whole span
Causes that carried the indemnity in Sibley County
- Excess Moisture/Precipitation/Rain $31,579,857 indemnity · 9 years
- Drought $15,942,405 indemnity · 7 years
- Hail $4,253,944 indemnity · 8 years
- Decline in Price $3,402,703 indemnity · 7 years
- ARPI/SCO/ECO/STAX/MP/HIP-WI/PACE Crops Only $2,738,125 indemnity · 2 years
- Cold Wet Weather $1,242,537 indemnity · 5 years
Soybeans 10 years filed
- 1.27Low end of the filed band
- 1.81Middle of the filed band
- 2.73High end of the filed band
- 2024Worst year filed (3.24)
- 10Years filed
- $10,348,953Premium filed
- $24,653,291Indemnity paid
- $134,437,024Liability insured
- 252,187Quantity planted
- 242,784Quantity lost
- 1,916Policies
- 1,915Policies with a loss
- 2.38Loss ratio, whole span
Causes that carried the indemnity in Sibley County
- Excess Moisture/Precipitation/Rain $15,315,527 indemnity · 9 years
- Drought $4,831,490 indemnity · 6 years
- Hail $2,271,939 indemnity · 8 years
- Decline in Price $1,190,703 indemnity · 8 years
- ARPI/SCO/ECO/STAX/MP/HIP-WI/PACE Crops Only $492,378 indemnity · 2 years
- Cold Wet Weather $425,994 indemnity · 6 years
Sugar Beets 9 years filed
- 0.26Low end of the filed band
- 1.72Middle of the filed band
- 6.39High end of the filed band
- 2024Worst year filed (6.39)
- 9Years filed
- $689,403Premium filed
- $2,748,966Indemnity paid
- $9,038,047Liability insured
- 7,584Quantity planted
- 7,816Quantity lost
- 95Policies
- 95Policies with a loss
- 3.99Loss ratio, whole span
Causes that carried the indemnity in Sibley County
- Excess Moisture/Precipitation/Rain $2,653,287 indemnity · 7 years
- Flood $52,679 indemnity · 2 years
- Drought $17,339 indemnity · 3 years
- Freeze $13,328 indemnity · 1 years
- ARPI/SCO/STAX/MP Crops Only $10,340 indemnity · 1 years
- Hail $1,937 indemnity · 1 years
Sweet Corn 10 years filed
- 4.78Low end of the filed band
- 8.54Middle of the filed band
- 15.26High end of the filed band
- 2015Worst year filed (15.92)
- 10Years filed
- $274,999Premium filed
- $2,319,058Indemnity paid
- $4,284,471Liability insured
- 12,850Quantity planted
- 12,910Quantity lost
- 255Policies
- 255Policies with a loss
- 8.43Loss ratio, whole span
Causes that carried the indemnity in Sibley County
- Excess Moisture/Precipitation/Rain $1,198,718 indemnity · 7 years
- Heat $622,534 indemnity · 8 years
- Cold Wet Weather $289,539 indemnity · 3 years
- Drought $81,822 indemnity · 4 years
- Hail $48,950 indemnity · 1 years
- ARPI/SCO/STAX/MP/HIP WI Crops Only $37,355 indemnity · 2 years
Green Peas 10 years filed
- 0.54Low end of the filed band
- 1.57Middle of the filed band
- 4.01High end of the filed band
- 2016Worst year filed (4.37)
- 10Years filed
- $1,029,844Premium filed
- $1,950,461Indemnity paid
- $3,341,012Liability insured
- 11,438Quantity planted
- 11,438Quantity lost
- 188Policies
- 188Policies with a loss
- 1.89Loss ratio, whole span
Causes that carried the indemnity in Sibley County
- Heat $1,019,389 indemnity · 9 years
- Excess Moisture/Precipitation/Rain $643,092 indemnity · 7 years
- Hail $170,711 indemnity · 1 years
- Cold Wet Weather $40,478 indemnity · 2 years
- Other (Snow, Lightning, Etc.) $40,203 indemnity · 2 years
- Drought $20,755 indemnity · 4 years
Dry Beans 9 years filed
- 0.11Low end of the filed band
- 3.25Middle of the filed band
- 7.09High end of the filed band
- 2024Worst year filed (7.09)
- 9Years filed
- $315,280Premium filed
- $1,541,992Indemnity paid
- $2,220,129Liability insured
- 2,863Quantity planted
- 2,745Quantity lost
- 32Policies
- 32Policies with a loss
- 4.89Loss ratio, whole span
Causes that carried the indemnity in Sibley County
- Excess Moisture/Precipitation/Rain $1,014,820 indemnity · 6 years
- Hail $283,706 indemnity · 3 years
- Drought $95,612 indemnity · 3 years
- ARPI/SCO/STAX/MP/HIP WI Crops Only $74,729 indemnity · 2 years
- Cold Wet Weather $38,546 indemnity · 1 years
- All Other Causes $17,607 indemnity · 1 years
Every county-crop the agency files in Minnesota → Buy the Sibley 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.