Crop-loss band · Minnesota
Yellow Medicine County, Minnesota — crop-loss band
- 1.32Low end of the filed band
- 2.10Middle of the filed band
- 2.57High end of the filed band
- 2019Worst year filed (5.72)
- 10Years filed
Every year the Risk Management Agency has filed for Yellow Medicine 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 1.32 at the low end to 2.57 at the high end, with 2.10 in the middle. The worst year filed is 2019, at 5.72. 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 | $228,304 | $586,349 | $2,651,650 | 102 | 102 | 2.57 |
| 2016 | $155,366 | $310,522 | $1,690,069 | 55 | 55 | 2.00 |
| 2017 | $1,294,890 | $1,706,211 | $16,548,431 | 312 | 312 | 1.32 |
| 2018 | $2,321,970 | $5,659,879 | $34,239,320 | 558 | 556 | 2.44 |
| 2019 | $5,332,114 | $30,473,800 | $69,516,568 | 1,378 | 1,375 | 5.72 |
| 2020 | $1,281,155 | $2,794,785 | $20,699,752 | 359 | 359 | 2.18 |
| 2021 | $4,293,325 | $8,366,570 | $52,183,663 | 602 | 602 | 1.95 |
| 2022 | $4,440,566 | $8,089,293 | $55,061,218 | 657 | 657 | 1.82 |
| 2023 | $10,105,020 | $21,956,774 | $154,493,494 | 1,267 | 1,267 | 2.17 |
| 2024 | $8,575,172 | $18,037,059 | $120,748,535 | 1,239 | 1,239 | 2.10 |
Commodities insured in Yellow Medicine County
4 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
- 1.30Low end of the filed band
- 2.17Middle of the filed band
- 3.51High end of the filed band
- 2019Worst year filed (6.16)
- 10Years filed
- $24,221,709Premium filed
- $67,463,119Indemnity paid
- $351,057,721Liability insured
- 469,760Quantity planted
- 460,742Quantity lost
- 3,370Policies
- 3,367Policies with a loss
- 2.79Loss ratio, whole span
Causes that carried the indemnity in Yellow Medicine County
- Excess Moisture/Precipitation/Rain $34,141,793 indemnity · 9 years
- Drought $21,086,305 indemnity · 8 years
- Cold Wet Weather $4,598,244 indemnity · 8 years
- Decline in Price $3,392,187 indemnity · 8 years
- ARPI/SCO/ECO/STAX/MP/HIP WI Crops Only $2,140,250 indemnity · 4 years
- Wind/Excess Wind $973,966 indemnity · 5 years
Soybeans 10 years filed
- 1.28Low end of the filed band
- 1.83Middle of the filed band
- 2.31High end of the filed band
- 2019Worst year filed (4.78)
- 10Years filed
- $12,470,845Premium filed
- $26,998,770Indemnity paid
- $165,189,329Liability insured
- 313,143Quantity planted
- 315,463Quantity lost
- 2,639Policies
- 2,639Policies with a loss
- 2.17Loss ratio, whole span
Causes that carried the indemnity in Yellow Medicine County
- Excess Moisture/Precipitation/Rain $12,138,589 indemnity · 10 years
- Drought $9,904,843 indemnity · 7 years
- Cold Wet Weather $1,570,485 indemnity · 7 years
- ARPI/SCO/STAX/MP Crops Only $1,446,745 indemnity · 4 years
- Decline in Price $851,422 indemnity · 9 years
- Hail $591,473 indemnity · 10 years
Sugar Beets 6 years filed
- 0.61Low end of the filed band
- 1.35Middle of the filed band
- 3.79High end of the filed band
- 2018Worst year filed (3.79)
- 6Years filed
- $945,102Premium filed
- $2,751,209Indemnity paid
- $9,414,844Liability insured
- 8,955Quantity planted
- 8,659Quantity lost
- 53Policies
- 51Policies with a loss
- 2.91Loss ratio, whole span
Causes that carried the indemnity in Yellow Medicine County
- Excess Moisture/Precipitation/Rain $2,456,957 indemnity · 6 years
- Drought $144,680 indemnity · 1 years
- ARPI/SCO/STAX/MP Crops Only $134,784 indemnity · 1 years
- Hail $10,564 indemnity · 1 years
- Cold Wet Weather $4,224 indemnity · 1 years
Pasture,Rangeland,Forage 9 years filed
- 0.71Low end of the filed band
- 2.00Middle of the filed band
- 3.06High end of the filed band
- 2024Worst year filed (3.06)
- 9Years filed
- $390,226Premium filed
- $768,144Indemnity paid
- $2,170,806Liability insured
- 13,387Quantity planted
- 0Quantity lost
- 467Policies
- 467Policies with a loss
- 1.97Loss ratio, whole span
Causes that carried the indemnity in Yellow Medicine County
- ARPI/SCO/STAX Crops Only $768,144 indemnity · 9 years
Every county-crop the agency files in Minnesota → Buy the Yellow Medicine 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.