Crop-loss band · South Dakota
Hutchinson County, South Dakota — crop-loss band
- 0.89Low end of the filed band
- 1.59Middle of the filed band
- 3.04High end of the filed band
- 2019Worst year filed (4.01)
- 10Years filed
Every year the Risk Management Agency has filed for Hutchinson 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 0.89 at the low end to 3.04 at the high end, with 1.59 in the middle. The worst year filed is 2019, at 4.01. 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 | $454,630 | $1,192,776 | $3,384,275 | 209 | 209 | 2.62 |
| 2016 | $6,791,973 | $7,498,685 | $30,584,506 | 936 | 913 | 1.10 |
| 2017 | $5,610,494 | $5,158,262 | $37,892,035 | 741 | 741 | 0.92 |
| 2018 | $2,624,709 | $6,361,915 | $18,365,188 | 624 | 623 | 2.42 |
| 2019 | $15,810,738 | $63,351,334 | $66,711,725 | 1,699 | 1,699 | 4.01 |
| 2020 | $3,125,928 | $7,630,399 | $22,126,848 | 825 | 825 | 2.44 |
| 2021 | $13,271,080 | $21,118,336 | $90,464,675 | 1,195 | 1,195 | 1.59 |
| 2022 | $35,376,778 | $107,675,610 | $231,247,185 | 2,448 | 2,446 | 3.04 |
| 2023 | $11,940,999 | $10,610,542 | $89,473,421 | 1,067 | 1,063 | 0.89 |
| 2024 | $15,213,038 | $20,071,902 | $108,894,776 | 1,637 | 1,637 | 1.32 |
Commodities insured in Hutchinson 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
- 0.55Low end of the filed band
- 1.12Middle of the filed band
- 3.42High end of the filed band
- 2019Worst year filed (3.43)
- 10Years filed
- $73,663,864Premium filed
- $164,884,572Indemnity paid
- $397,998,521Liability insured
- 644,450Quantity planted
- 632,003Quantity lost
- 5,315Policies
- 5,304Policies with a loss
- 2.24Loss ratio, whole span
Causes that carried the indemnity in Hutchinson County
- Drought $81,906,674 indemnity · 8 years
- Excess Moisture/Precipitation/Rain $60,286,581 indemnity · 10 years
- ARPI/SCO/ECO/STAX/MP/HIP WI Crops Only $12,267,970 indemnity · 4 years
- Heat $3,487,532 indemnity · 5 years
- Flood $2,688,380 indemnity · 7 years
- Hot Wind $1,392,307 indemnity · 2 years
Soybeans 10 years filed
- 0.98Low end of the filed band
- 1.75Middle of the filed band
- 2.77High end of the filed band
- 2019Worst year filed (6.21)
- 10Years filed
- $35,100,953Premium filed
- $81,510,916Indemnity paid
- $291,612,257Liability insured
- 633,922Quantity planted
- 621,317Quantity lost
- 4,828Policies
- 4,809Policies with a loss
- 2.32Loss ratio, whole span
Causes that carried the indemnity in Hutchinson County
- Drought $37,944,230 indemnity · 8 years
- Excess Moisture/Precipitation/Rain $29,925,560 indemnity · 10 years
- ARPI/SCO/ECO/STAX/MP/HIP WI Crops Only $9,008,071 indemnity · 4 years
- Hail $1,972,488 indemnity · 10 years
- Decline in Price $750,481 indemnity · 8 years
- Flood $656,201 indemnity · 7 years
Wheat 10 years filed
- 0.80Low end of the filed band
- 2.38Middle of the filed band
- 4.66High end of the filed band
- 2015Worst year filed (5.34)
- 10Years filed
- $628,602Premium filed
- $2,236,055Indemnity paid
- $4,423,163Liability insured
- 15,261Quantity planted
- 14,891Quantity lost
- 324Policies
- 324Policies with a loss
- 3.56Loss ratio, whole span
Causes that carried the indemnity in Hutchinson County
- Drought $1,289,430 indemnity · 5 years
- Cold Winter $483,437 indemnity · 4 years
- Excess Moisture/Precipitation/Rain $258,433 indemnity · 6 years
- Decline in Price $55,665 indemnity · 6 years
- Heat $43,750 indemnity · 4 years
- Flood $25,828 indemnity · 1 years
Pasture,Rangeland,Forage 10 years filed
- 0.83Low end of the filed band
- 1.54Middle of the filed band
- 2.97High end of the filed band
- 2015Worst year filed (3.58)
- 10Years filed
- $826,949Premium filed
- $2,038,218Indemnity paid
- $5,110,693Liability insured
- 43,740Quantity planted
- 0Quantity lost
- 914Policies
- 914Policies with a loss
- 2.46Loss ratio, whole span
Causes that carried the indemnity in Hutchinson County
- ARPI/SCO/STAX Crops Only $2,038,218 indemnity · 10 years
Every county-crop the agency files in South Dakota → Buy the Hutchinson 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.