Crop-loss band · South Dakota
Grant County, South Dakota — crop-loss band
- 0.64Low end of the filed band
- 2.31Middle of the filed band
- 3.26High end of the filed band
- 2022Worst year filed (3.49)
- 10Years filed
Every year the Risk Management Agency has filed for Grant 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 0.64 at the low end to 3.26 at the high end, with 2.31 in the middle. The worst year filed is 2022, at 3.49. 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 | $529,278 | $1,221,623 | $3,570,116 | 120 | 120 | 2.31 |
| 2016 | $309,672 | $301,870 | $2,094,102 | 58 | 58 | 0.97 |
| 2017 | $3,303,755 | $2,123,646 | $25,183,848 | 377 | 376 | 0.64 |
| 2018 | $432,738 | $994,780 | $3,212,915 | 194 | 194 | 2.30 |
| 2019 | $4,310,488 | $12,094,659 | $26,728,314 | 772 | 769 | 2.81 |
| 2020 | $714,915 | $2,104,459 | $5,656,782 | 294 | 294 | 2.94 |
| 2021 | $468,773 | $1,410,294 | $4,256,389 | 152 | 152 | 3.01 |
| 2022 | $3,421,546 | $11,931,095 | $32,398,860 | 601 | 601 | 3.49 |
| 2023 | $6,505,993 | $14,220,755 | $86,489,844 | 580 | 579 | 2.19 |
| 2024 | $4,582,318 | $14,944,087 | $53,602,191 | 822 | 822 | 3.26 |
Commodities insured in Grant 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
- 0.35Low end of the filed band
- 2.23Middle of the filed band
- 3.62High end of the filed band
- 2024Worst year filed (3.71)
- 10Years filed
- $16,771,944Premium filed
- $41,835,014Indemnity paid
- $166,097,754Liability insured
- 235,023Quantity planted
- 226,006Quantity lost
- 1,671Policies
- 1,670Policies with a loss
- 2.49Loss ratio, whole span
Causes that carried the indemnity in Grant County
- Excess Moisture/Precipitation/Rain $24,835,554 indemnity · 9 years
- Drought $10,456,506 indemnity · 7 years
- ARPI/SCO/ECO/STAX/MP/HIP-WI/PACE Crops Only $2,125,479 indemnity · 3 years
- Cold Wet Weather $1,493,381 indemnity · 9 years
- Heat $1,060,997 indemnity · 5 years
- Hail $961,035 indemnity · 7 years
Soybeans 10 years filed
- 0.85Low end of the filed band
- 2.72Middle of the filed band
- 3.34High end of the filed band
- 2019Worst year filed (3.78)
- 10Years filed
- $6,440,384Premium filed
- $16,170,845Indemnity paid
- $66,814,586Liability insured
- 171,292Quantity planted
- 160,594Quantity lost
- 1,527Policies
- 1,525Policies with a loss
- 2.51Loss ratio, whole span
Causes that carried the indemnity in Grant County
- Excess Moisture/Precipitation/Rain $9,159,657 indemnity · 8 years
- Drought $3,126,685 indemnity · 9 years
- Hail $1,400,340 indemnity · 9 years
- ARPI/SCO/ECO/STAX/MP/HIP-WI/PACE Crops Only $667,237 indemnity · 3 years
- Cold Wet Weather $655,270 indemnity · 8 years
- Decline in Price $532,373 indemnity · 7 years
Wheat 10 years filed
- 1.21Low end of the filed band
- 2.25Middle of the filed band
- 4.36High end of the filed band
- 2024Worst year filed (4.40)
- 10Years filed
- $913,822Premium filed
- $2,389,248Indemnity paid
- $7,561,616Liability insured
- 26,628Quantity planted
- 26,969Quantity lost
- 395Policies
- 393Policies with a loss
- 2.61Loss ratio, whole span
Causes that carried the indemnity in Grant County
- Excess Moisture/Precipitation/Rain $806,259 indemnity · 9 years
- Drought $705,170 indemnity · 9 years
- Heat $193,643 indemnity · 6 years
- Hail $178,027 indemnity · 6 years
- ARPI/SCO/STAX/MP Crops Only $115,316 indemnity · 9 years
- Cold Winter $102,491 indemnity · 2 years
Pasture,Rangeland,Forage 10 years filed
- 0.06Low end of the filed band
- 1.82Middle of the filed band
- 2.13High end of the filed band
- 2024Worst year filed (3.02)
- 10Years filed
- $453,326Premium filed
- $952,161Indemnity paid
- $2,719,405Liability insured
- 32,055Quantity planted
- 0Quantity lost
- 377Policies
- 377Policies with a loss
- 2.10Loss ratio, whole span
Causes that carried the indemnity in Grant County
- ARPI/SCO/STAX Crops Only $952,161 indemnity · 10 years
Every county-crop the agency files in South Dakota → Buy the Grant 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.