Crop-loss band · South Dakota
Bennett County, South Dakota — crop-loss band
- 1.92Low end of the filed band
- 2.50Middle of the filed band
- 3.16High end of the filed band
- 2022Worst year filed (3.39)
- 10Years filed
Every year the Risk Management Agency has filed for Bennett 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 1.92 at the low end to 3.16 at the high end, with 2.50 in the middle. The worst year filed is 2022, at 3.39. 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 | $851,330 | $2,181,576 | $3,222,396 | 176 | 176 | 2.56 |
| 2016 | $226,307 | $434,581 | $1,019,299 | 74 | 74 | 1.92 |
| 2017 | $329,147 | $698,294 | $1,605,635 | 97 | 97 | 2.12 |
| 2018 | $169,453 | $385,984 | $779,509 | 54 | 54 | 2.28 |
| 2019 | $940,365 | $2,728,123 | $3,883,267 | 202 | 202 | 2.90 |
| 2020 | $416,041 | $840,620 | $2,202,534 | 100 | 100 | 2.02 |
| 2021 | $1,207,556 | $3,814,909 | $7,458,018 | 174 | 174 | 3.16 |
| 2022 | $2,714,654 | $9,194,591 | $16,554,855 | 254 | 254 | 3.39 |
| 2023 | $911,840 | $2,632,018 | $4,312,453 | 138 | 138 | 2.89 |
| 2024 | $1,922,565 | $4,812,431 | $11,101,489 | 283 | 283 | 2.50 |
Commodities insured in Bennett County
7 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
- 1.28Low end of the filed band
- 2.52Middle of the filed band
- 4.04High end of the filed band
- 2022Worst year filed (5.02)
- 10Years filed
- $4,049,632Premium filed
- $13,621,288Indemnity paid
- $24,511,069Liability insured
- 85,523Quantity planted
- 85,038Quantity lost
- 451Policies
- 451Policies with a loss
- 3.36Loss ratio, whole span
Causes that carried the indemnity in Bennett County
- Drought $8,507,008 indemnity · 6 years
- Excess Moisture/Precipitation/Rain $1,788,516 indemnity · 9 years
- Hail $1,231,638 indemnity · 7 years
- Heat $802,631 indemnity · 4 years
- ARPI/SCO/ECO/STAX/MP/HIP WI Crops Only $597,353 indemnity · 3 years
- Decline in Price $324,427 indemnity · 4 years
Wheat 10 years filed
- 1.63Low end of the filed band
- 2.51Middle of the filed band
- 3.33High end of the filed band
- 2017Worst year filed (4.35)
- 10Years filed
- $2,093,659Premium filed
- $6,077,346Indemnity paid
- $9,726,612Liability insured
- 67,480Quantity planted
- 67,611Quantity lost
- 418Policies
- 418Policies with a loss
- 2.90Loss ratio, whole span
Causes that carried the indemnity in Bennett County
- Drought $1,946,260 indemnity · 9 years
- Hail $1,926,380 indemnity · 8 years
- Excess Moisture/Precipitation/Rain $658,905 indemnity · 6 years
- Decline in Price $458,722 indemnity · 6 years
- Cold Winter $443,846 indemnity · 9 years
- Cold Wet Weather $175,110 indemnity · 4 years
Sunflowers 10 years filed
- 0.93Low end of the filed band
- 2.80Middle of the filed band
- 3.84High end of the filed band
- 2017Worst year filed (4.37)
- 10Years filed
- $1,814,053Premium filed
- $4,261,031Indemnity paid
- $9,197,513Liability insured
- 30,338Quantity planted
- 31,359Quantity lost
- 169Policies
- 169Policies with a loss
- 2.35Loss ratio, whole span
Causes that carried the indemnity in Bennett County
- Drought $2,303,920 indemnity · 7 years
- Hail $799,862 indemnity · 7 years
- Excess Moisture/Precipitation/Rain $657,597 indemnity · 6 years
- ARPI/SCO/ECO/STAX/MP/HIP-WI/PACE Crops Only $284,312 indemnity · 2 years
- Flood $99,116 indemnity · 1 years
- Heat $37,368 indemnity · 3 years
Pasture,Rangeland,Forage 7 years filed
- 0.29Low end of the filed band
- 1.95Middle of the filed band
- 2.22High end of the filed band
- 2022Worst year filed (2.22)
- 7Years filed
- $766,688Premium filed
- $1,412,122Indemnity paid
- $4,418,411Liability insured
- 187,876Quantity planted
- 0Quantity lost
- 231Policies
- 231Policies with a loss
- 1.84Loss ratio, whole span
Causes that carried the indemnity in Bennett County
- ARPI/SCO/STAX/MP Crops Only $1,412,122 indemnity · 7 years
Millet 10 years filed
- 1.88Low end of the filed band
- 2.31Middle of the filed band
- 3.37High end of the filed band
- 2019Worst year filed (3.58)
- 10Years filed
- $361,837Premium filed
- $910,607Indemnity paid
- $1,323,357Liability insured
- 17,914Quantity planted
- 17,914Quantity lost
- 147Policies
- 147Policies with a loss
- 2.52Loss ratio, whole span
Causes that carried the indemnity in Bennett County
- Drought $389,094 indemnity · 8 years
- Excess Moisture/Precipitation/Rain $262,806 indemnity · 5 years
- Hail $232,056 indemnity · 4 years
- Cold Wet Weather $16,609 indemnity · 3 years
- Heat $10,016 indemnity · 2 years
- Other (Snow, Lightning, Etc.) $26 indemnity · 1 years
Grain Sorghum 10 years filed
- 1.22Low end of the filed band
- 1.87Middle of the filed band
- 2.68High end of the filed band
- 2022Worst year filed (3.33)
- 10Years filed
- $348,008Premium filed
- $740,319Indemnity paid
- $1,160,607Liability insured
- 8,567Quantity planted
- 8,806Quantity lost
- 46Policies
- 46Policies with a loss
- 2.13Loss ratio, whole span
Causes that carried the indemnity in Bennett County
- Drought $534,208 indemnity · 6 years
- Excess Moisture/Precipitation/Rain $84,002 indemnity · 4 years
- Hail $71,226 indemnity · 5 years
- ARPI/SCO/ECO/STAX/MP/HIP WI Crops Only $39,526 indemnity · 1 years
- Decline in Price $5,371 indemnity · 1 years
- Cold Wet Weather $4,591 indemnity · 1 years
Forage Production 7 years filed
- 0.19Low end of the filed band
- 2.67Middle of the filed band
- 3.89High end of the filed band
- 2022Worst year filed (3.89)
- 7Years filed
- $255,381Premium filed
- $700,414Indemnity paid
- $1,801,887Liability insured
- 23,817Quantity planted
- 23,982Quantity lost
- 90Policies
- 90Policies with a loss
- 2.74Loss ratio, whole span
Causes that carried the indemnity in Bennett County
- Drought $644,442 indemnity · 6 years
- Heat $38,374 indemnity · 3 years
- Hail $10,276 indemnity · 1 years
- Freeze $7,322 indemnity · 1 years
Every county-crop the agency files in South Dakota → Buy the Bennett 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.