Crop-loss band · South Dakota
Codington County, South Dakota — crop-loss band
- 1.82Low end of the filed band
- 2.27Middle of the filed band
- 4.30High end of the filed band
- 2020Worst year filed (4.87)
- 10Years filed
Every year the Risk Management Agency has filed for Codington 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 1.82 at the low end to 4.30 at the high end, with 2.27 in the middle. The worst year filed is 2020, at 4.87. 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 | $402,170 | $756,314 | $3,195,490 | 75 | 74 | 1.88 |
| 2016 | $1,476,351 | $3,034,189 | $10,631,713 | 248 | 248 | 2.06 |
| 2017 | $605,428 | $1,320,583 | $5,352,176 | 155 | 155 | 2.18 |
| 2018 | $549,560 | $1,661,869 | $4,929,366 | 295 | 295 | 3.02 |
| 2019 | $2,361,259 | $10,154,635 | $17,852,918 | 676 | 676 | 4.30 |
| 2020 | $2,009,454 | $9,789,730 | $15,177,304 | 696 | 696 | 4.87 |
| 2021 | $435,595 | $1,629,640 | $3,894,707 | 119 | 119 | 3.74 |
| 2022 | $3,321,439 | $14,122,599 | $23,890,817 | 669 | 669 | 4.25 |
| 2023 | $5,860,928 | $10,655,729 | $59,338,571 | 468 | 468 | 1.82 |
| 2024 | $3,165,988 | $7,189,039 | $30,328,777 | 551 | 551 | 2.27 |
Commodities insured in Codington 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
- 1.37Low end of the filed band
- 2.58Middle of the filed band
- 5.43High end of the filed band
- 2020Worst year filed (6.02)
- 10Years filed
- $12,998,025Premium filed
- $41,430,292Indemnity paid
- $107,232,834Liability insured
- 169,081Quantity planted
- 179,653Quantity lost
- 1,643Policies
- 1,642Policies with a loss
- 3.19Loss ratio, whole span
Causes that carried the indemnity in Codington County
- Excess Moisture/Precipitation/Rain $26,027,983 indemnity · 9 years
- Drought $9,639,407 indemnity · 9 years
- ARPI/SCO/ECO/STAX/MP/HIP-WI/PACE Crops Only $2,011,058 indemnity · 2 years
- Cold Wet Weather $1,337,788 indemnity · 9 years
- Decline in Price $835,220 indemnity · 7 years
- Heat $529,613 indemnity · 6 years
Soybeans 10 years filed
- 1.78Low end of the filed band
- 2.48Middle of the filed band
- 3.09High end of the filed band
- 2019Worst year filed (4.71)
- 10Years filed
- $6,115,836Premium filed
- $16,016,128Indemnity paid
- $58,568,900Liability insured
- 151,411Quantity planted
- 150,303Quantity lost
- 1,618Policies
- 1,618Policies with a loss
- 2.62Loss ratio, whole span
Causes that carried the indemnity in Codington County
- Excess Moisture/Precipitation/Rain $9,427,401 indemnity · 10 years
- Drought $2,823,262 indemnity · 9 years
- Hail $1,704,681 indemnity · 9 years
- Cold Wet Weather $505,955 indemnity · 7 years
- ARPI/SCO/ECO/STAX/MP/HIP-WI/PACE Crops Only $487,182 indemnity · 3 years
- Decline in Price $391,893 indemnity · 7 years
Wheat 10 years filed
- 2.17Low end of the filed band
- 3.10Middle of the filed band
- 3.98High end of the filed band
- 2021Worst year filed (4.69)
- 10Years filed
- $724,662Premium filed
- $2,286,004Indemnity paid
- $6,869,186Liability insured
- 22,701Quantity planted
- 24,240Quantity lost
- 365Policies
- 365Policies with a loss
- 3.15Loss ratio, whole span
Causes that carried the indemnity in Codington County
- Drought $864,450 indemnity · 8 years
- Excess Moisture/Precipitation/Rain $775,461 indemnity · 9 years
- Heat $246,935 indemnity · 5 years
- ARPI/SCO/ECO/STAX/MP/HIP WI Crops Only $147,639 indemnity · 4 years
- Decline in Price $120,544 indemnity · 7 years
- Hail $43,709 indemnity · 4 years
Pasture,Rangeland,Forage 10 years filed
- 0.32Low end of the filed band
- 1.61Middle of the filed band
- 2.51High end of the filed band
- 2015Worst year filed (2.89)
- 10Years filed
- $349,649Premium filed
- $581,903Indemnity paid
- $1,920,919Liability insured
- 26,764Quantity planted
- 0Quantity lost
- 326Policies
- 326Policies with a loss
- 1.66Loss ratio, whole span
Causes that carried the indemnity in Codington County
- ARPI/SCO/STAX Crops Only $581,903 indemnity · 10 years
Every county-crop the agency files in South Dakota → Buy the Codington 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.