Crop-loss band · South Dakota
Minnehaha County, South Dakota — crop-loss band
- 0.72Low end of the filed band
- 1.77Middle of the filed band
- 2.85High end of the filed band
- 2019Worst year filed (5.32)
- 10Years filed
Every year the Risk Management Agency has filed for Minnehaha 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 0.72 at the low end to 2.85 at the high end, with 1.77 in the middle. The worst year filed is 2019, at 5.32. 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 | $219,160 | $348,574 | $1,632,991 | 71 | 71 | 1.59 |
| 2016 | $593,007 | $1,387,934 | $4,006,434 | 217 | 217 | 2.34 |
| 2017 | $863,656 | $1,222,638 | $7,995,331 | 258 | 258 | 1.42 |
| 2018 | $836,484 | $2,093,966 | $8,876,362 | 215 | 215 | 2.50 |
| 2019 | $5,735,947 | $30,509,246 | $47,441,097 | 1,316 | 1,315 | 5.32 |
| 2020 | $1,014,742 | $2,893,197 | $11,643,772 | 409 | 409 | 2.85 |
| 2021 | $2,636,045 | $5,253,497 | $27,957,720 | 465 | 465 | 1.99 |
| 2022 | $2,540,072 | $1,827,625 | $37,690,283 | 391 | 391 | 0.72 |
| 2023 | $8,228,129 | $14,585,677 | $100,081,198 | 862 | 860 | 1.77 |
| 2024 | $4,980,291 | $7,306,143 | $58,850,648 | 709 | 709 | 1.47 |
Commodities insured in Minnehaha County
3 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
- 0.54Low end of the filed band
- 1.87Middle of the filed band
- 3.03High end of the filed band
- 2019Worst year filed (4.97)
- 10Years filed
- $20,651,319Premium filed
- $48,544,752Indemnity paid
- $226,552,484Liability insured
- 261,056Quantity planted
- 312,723Quantity lost
- 2,252Policies
- 2,249Policies with a loss
- 2.35Loss ratio, whole span
Causes that carried the indemnity in Minnehaha County
- Excess Moisture/Precipitation/Rain $24,778,179 indemnity · 9 years
- Drought $13,428,035 indemnity · 9 years
- ARPI/SCO/ECO/STAX/MP/HIP WI Crops Only $5,235,658 indemnity · 4 years
- Decline in Price $1,394,391 indemnity · 8 years
- Cold Wet Weather $1,368,000 indemnity · 6 years
- Wind/Excess Wind $1,281,199 indemnity · 6 years
Soybeans 10 years filed
- 0.99Low end of the filed band
- 1.94Middle of the filed band
- 3.67High end of the filed band
- 2019Worst year filed (6.78)
- 10Years filed
- $6,113,725Premium filed
- $17,189,481Indemnity paid
- $74,458,583Liability insured
- 165,823Quantity planted
- 162,016Quantity lost
- 1,605Policies
- 1,605Policies with a loss
- 2.81Loss ratio, whole span
Causes that carried the indemnity in Minnehaha County
- Excess Moisture/Precipitation/Rain $10,469,282 indemnity · 9 years
- Drought $3,693,331 indemnity · 7 years
- Hail $792,191 indemnity · 7 years
- ARPI/SCO/ECO/STAX/MP/PACE Crops Only $708,605 indemnity · 1 years
- Cold Wet Weather $603,338 indemnity · 7 years
- Decline in Price $416,028 indemnity · 9 years
Pasture,Rangeland,Forage 8 years filed
- 0.74Low end of the filed band
- 1.96Middle of the filed band
- 2.55High end of the filed band
- 2023Worst year filed (2.55)
- 8Years filed
- $882,489Premium filed
- $1,694,264Indemnity paid
- $5,164,769Liability insured
- 39,771Quantity planted
- 0Quantity lost
- 1,056Policies
- 1,056Policies with a loss
- 1.92Loss ratio, whole span
Causes that carried the indemnity in Minnehaha County
- ARPI/SCO/STAX Crops Only $1,694,264 indemnity · 8 years
Every county-crop the agency files in South Dakota → Buy the Minnehaha 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.