Crop-loss band · Minnesota
Wadena County, Minnesota — crop-loss band
- 1.25Low end of the filed band
- 2.37Middle of the filed band
- 3.63High end of the filed band
- 2021Worst year filed (5.68)
- 10Years filed
Every year the Risk Management Agency has filed for Wadena 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 1.25 at the low end to 3.63 at the high end, with 2.37 in the middle. The worst year filed is 2021, at 5.68. 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 | $136,672 | $249,370 | $768,593 | 34 | 34 | 1.82 |
| 2016 | $33,507 | $42,012 | $231,590 | 14 | 14 | 1.25 |
| 2017 | $67,374 | $159,882 | $611,565 | 21 | 21 | 2.37 |
| 2018 | $94,864 | $334,896 | $993,966 | 25 | 25 | 3.53 |
| 2019 | $135,025 | $443,400 | $963,991 | 40 | 40 | 3.28 |
| 2020 | $147,154 | $295,685 | $1,280,393 | 15 | 15 | 2.01 |
| 2021 | $644,440 | $3,661,103 | $4,686,951 | 243 | 243 | 5.68 |
| 2022 | $236,734 | $495,818 | $1,659,226 | 54 | 54 | 2.09 |
| 2023 | $834,197 | $3,030,963 | $5,303,017 | 181 | 181 | 3.63 |
| 2024 | $237,221 | $678,986 | $1,759,251 | 48 | 48 | 2.86 |
Commodities insured in Wadena 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
- 0.80Low end of the filed band
- 1.84Middle of the filed band
- 3.73High end of the filed band
- 2021Worst year filed (5.78)
- 10Years filed
- $1,693,152Premium filed
- $6,554,425Indemnity paid
- $10,573,337Liability insured
- 25,195Quantity planted
- 25,509Quantity lost
- 434Policies
- 434Policies with a loss
- 3.87Loss ratio, whole span
Causes that carried the indemnity in Wadena County
- Drought $4,290,716 indemnity · 9 years
- Hot Wind $898,378 indemnity · 4 years
- Heat $423,961 indemnity · 7 years
- Excess Moisture/Precipitation/Rain $318,814 indemnity · 7 years
- ARPI/SCO/ECO/STAX/MP/HIP WI Crops Only $151,892 indemnity · 2 years
- Other (Snow, Lightning, Etc.) $150,310 indemnity · 5 years
Soybeans 10 years filed
- 0.69Low end of the filed band
- 2.34Middle of the filed band
- 4.20High end of the filed band
- 2021Worst year filed (5.34)
- 10Years filed
- $467,618Premium filed
- $1,622,893Indemnity paid
- $3,669,131Liability insured
- 13,159Quantity planted
- 13,270Quantity lost
- 221Policies
- 221Policies with a loss
- 3.47Loss ratio, whole span
Causes that carried the indemnity in Wadena County
- Drought $1,176,298 indemnity · 6 years
- Excess Moisture/Precipitation/Rain $131,342 indemnity · 7 years
- Heat $114,851 indemnity · 5 years
- Freeze $48,176 indemnity · 3 years
- Decline in Price $43,189 indemnity · 7 years
- Hot Wind $39,924 indemnity · 2 years
Potatoes 8 years filed
- 1.42Low end of the filed band
- 2.22Middle of the filed band
- 4.57High end of the filed band
- 2024Worst year filed (4.57)
- 8Years filed
- $406,418Premium filed
- $1,214,797Indemnity paid
- $4,016,075Liability insured
- 1,846Quantity planted
- 1,846Quantity lost
- 20Policies
- 20Policies with a loss
- 2.99Loss ratio, whole span
Causes that carried the indemnity in Wadena County
- Excess Moisture/Precipitation/Rain $652,587 indemnity · 5 years
- Heat $310,934 indemnity · 3 years
- Cold Wet Weather $110,985 indemnity · 1 years
- Insects $76,332 indemnity · 1 years
- Plant Disease $47,028 indemnity · 2 years
- Hot Wind $16,932 indemnity · 1 years
Every county-crop the agency files in Minnesota → Buy the Wadena 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.