Crop-loss band · Minnesota
Stearns County, Minnesota — crop-loss band
- 1.10Low end of the filed band
- 1.95Middle of the filed band
- 3.14High end of the filed band
- 2021Worst year filed (3.48)
- 10Years filed
Every year the Risk Management Agency has filed for Stearns 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 1.10 at the low end to 3.14 at the high end, with 1.95 in the middle. The worst year filed is 2021, at 3.48. 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 | $625,317 | $1,222,350 | $5,303,128 | 192 | 192 | 1.95 |
| 2016 | $367,990 | $404,138 | $1,933,361 | 73 | 73 | 1.10 |
| 2017 | $2,078,688 | $3,552,795 | $14,941,840 | 384 | 384 | 1.71 |
| 2018 | $688,566 | $1,070,166 | $5,808,272 | 176 | 176 | 1.55 |
| 2019 | $3,896,848 | $8,614,588 | $28,985,730 | 775 | 775 | 2.21 |
| 2020 | $375,861 | $799,521 | $2,715,547 | 89 | 89 | 2.13 |
| 2021 | $8,941,528 | $31,133,836 | $67,620,313 | 1,293 | 1,292 | 3.48 |
| 2022 | $3,655,805 | $7,404,088 | $26,264,255 | 456 | 456 | 2.03 |
| 2023 | $10,472,085 | $32,849,134 | $80,632,934 | 1,605 | 1,605 | 3.14 |
| 2024 | $2,533,525 | $3,516,294 | $19,335,785 | 433 | 433 | 1.39 |
Commodities insured in Stearns County
5 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
- 0.63Low end of the filed band
- 1.38Middle of the filed band
- 3.16High end of the filed band
- 2021Worst year filed (3.47)
- 10Years filed
- $25,905,272Premium filed
- $70,101,853Indemnity paid
- $188,373,776Liability insured
- 297,569Quantity planted
- 284,383Quantity lost
- 3,493Policies
- 3,493Policies with a loss
- 2.71Loss ratio, whole span
Causes that carried the indemnity in Stearns County
- Drought $53,578,316 indemnity · 10 years
- Excess Moisture/Precipitation/Rain $8,575,527 indemnity · 8 years
- Heat $1,984,773 indemnity · 9 years
- Cold Wet Weather $1,769,284 indemnity · 7 years
- Decline in Price $1,700,738 indemnity · 10 years
- ARPI/SCO/ECO/STAX/MP/HIP WI Crops Only $936,988 indemnity · 3 years
Soybeans 10 years filed
- 1.31Low end of the filed band
- 1.68Middle of the filed band
- 2.93High end of the filed band
- 2021Worst year filed (3.50)
- 10Years filed
- $6,448,371Premium filed
- $16,163,378Indemnity paid
- $52,523,712Liability insured
- 128,018Quantity planted
- 127,132Quantity lost
- 1,621Policies
- 1,621Policies with a loss
- 2.51Loss ratio, whole span
Causes that carried the indemnity in Stearns County
- Drought $10,950,292 indemnity · 8 years
- Excess Moisture/Precipitation/Rain $2,902,884 indemnity · 8 years
- Heat $577,462 indemnity · 6 years
- Cold Wet Weather $549,752 indemnity · 6 years
- Decline in Price $447,492 indemnity · 9 years
- Hail $370,237 indemnity · 9 years
Forage Production 10 years filed
- 1.07Low end of the filed band
- 3.79Middle of the filed band
- 6.14High end of the filed band
- 2018Worst year filed (6.38)
- 10Years filed
- $535,232Premium filed
- $2,426,128Indemnity paid
- $5,788,004Liability insured
- 11,955Quantity planted
- 11,995Quantity lost
- 255Policies
- 254Policies with a loss
- 4.53Loss ratio, whole span
Causes that carried the indemnity in Stearns County
- Drought $910,277 indemnity · 6 years
- Cold Winter $688,514 indemnity · 5 years
- Freeze $255,165 indemnity · 2 years
- Excess Moisture/Precipitation/Rain $192,650 indemnity · 7 years
- ARPI/SCO/STAX Crops Only $166,424 indemnity · 4 years
- Heat $100,664 indemnity · 4 years
Sugar Beets 8 years filed
- 0.08Low end of the filed band
- 1.90Middle of the filed band
- 5.40High end of the filed band
- 2020Worst year filed (5.40)
- 8Years filed
- $319,303Premium filed
- $1,012,163Indemnity paid
- $3,702,364Liability insured
- 3,521Quantity planted
- 2,713Quantity lost
- 29Policies
- 29Policies with a loss
- 3.17Loss ratio, whole span
Causes that carried the indemnity in Stearns County
- Cold Wet Weather $403,517 indemnity · 2 years
- Freeze $240,470 indemnity · 2 years
- Excess Moisture/Precipitation/Rain $212,351 indemnity · 5 years
- Drought $79,516 indemnity · 2 years
- Hail $51,220 indemnity · 1 years
- Plant Disease $19,158 indemnity · 1 years
Green Peas 10 years filed
- 0.71Low end of the filed band
- 2.05Middle of the filed band
- 2.60High end of the filed band
- 2022Worst year filed (2.81)
- 10Years filed
- $428,034Premium filed
- $863,388Indemnity paid
- $3,153,309Liability insured
- 6,181Quantity planted
- 6,181Quantity lost
- 78Policies
- 78Policies with a loss
- 2.02Loss ratio, whole span
Causes that carried the indemnity in Stearns County
- Heat $538,463 indemnity · 5 years
- Excess Moisture/Precipitation/Rain $250,981 indemnity · 7 years
- Hail $56,849 indemnity · 3 years
- Hot Wind $14,544 indemnity · 1 years
- Other (Snow, Lightning, Etc.) $2,551 indemnity · 1 years
Every county-crop the agency files in Minnesota → Buy the Stearns 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.