Crop-loss band · Minnesota
Todd County, Minnesota — crop-loss band
- 1.28Low end of the filed band
- 1.73Middle of the filed band
- 2.33High end of the filed band
- 2023Worst year filed (2.59)
- 10Years filed
Every year the Risk Management Agency has filed for Todd 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 1.28 at the low end to 2.33 at the high end, with 1.73 in the middle. The worst year filed is 2023, at 2.59. 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 | $485,062 | $654,854 | $2,184,825 | 111 | 109 | 1.35 |
| 2016 | $124,373 | $158,892 | $540,287 | 34 | 34 | 1.28 |
| 2017 | $592,421 | $904,578 | $3,343,247 | 121 | 121 | 1.53 |
| 2018 | $674,362 | $1,165,884 | $4,139,419 | 129 | 129 | 1.73 |
| 2019 | $1,253,147 | $2,919,446 | $6,418,360 | 266 | 266 | 2.33 |
| 2020 | $182,107 | $275,551 | $1,141,248 | 46 | 46 | 1.51 |
| 2021 | $3,061,539 | $6,645,206 | $19,249,093 | 500 | 500 | 2.17 |
| 2022 | $1,206,613 | $2,661,937 | $5,549,904 | 176 | 176 | 2.21 |
| 2023 | $4,717,337 | $12,211,229 | $32,746,175 | 749 | 749 | 2.59 |
| 2024 | $2,874,722 | $5,905,889 | $18,919,085 | 592 | 592 | 2.05 |
Commodities insured in Todd County
2 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
- 1.01Low end of the filed band
- 1.80Middle of the filed band
- 2.37High end of the filed band
- 2023Worst year filed (2.69)
- 10Years filed
- $11,219,305Premium filed
- $25,935,607Indemnity paid
- $66,009,097Liability insured
- 127,549Quantity planted
- 125,225Quantity lost
- 1,692Policies
- 1,690Policies with a loss
- 2.31Loss ratio, whole span
Causes that carried the indemnity in Todd County
- Drought $14,547,767 indemnity · 8 years
- Excess Moisture/Precipitation/Rain $7,503,513 indemnity · 8 years
- Cold Wet Weather $1,499,758 indemnity · 7 years
- Decline in Price $905,247 indemnity · 7 years
- Hail $497,883 indemnity · 5 years
- Heat $317,387 indemnity · 6 years
Soybeans 10 years filed
- 1.53Low end of the filed band
- 1.73Middle of the filed band
- 2.22High end of the filed band
- 2019Worst year filed (2.57)
- 10Years filed
- $3,952,378Premium filed
- $7,567,859Indemnity paid
- $28,222,546Liability insured
- 81,872Quantity planted
- 81,067Quantity lost
- 1,032Policies
- 1,032Policies with a loss
- 1.91Loss ratio, whole span
Causes that carried the indemnity in Todd County
- Drought $3,570,675 indemnity · 8 years
- Excess Moisture/Precipitation/Rain $2,615,833 indemnity · 9 years
- Cold Wet Weather $507,221 indemnity · 6 years
- Hail $308,446 indemnity · 7 years
- Decline in Price $272,412 indemnity · 7 years
- Heat $119,582 indemnity · 5 years
Every county-crop the agency files in Minnesota → Buy the Todd 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.