Crop-loss band · South Dakota
Spink County, South Dakota — crop-loss band
- 1.47Low end of the filed band
- 1.95Middle of the filed band
- 4.07High end of the filed band
- 2020Worst year filed (4.43)
- 10Years filed
Every year the Risk Management Agency has filed for Spink 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 1.47 at the low end to 4.07 at the high end, with 1.95 in the middle. The worst year filed is 2020, at 4.43. 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 | $2,047,718 | $4,657,140 | $14,093,817 | 284 | 284 | 2.27 |
| 2016 | $3,920,282 | $6,016,734 | $25,708,584 | 487 | 487 | 1.53 |
| 2017 | $4,059,552 | $5,958,759 | $29,079,293 | 568 | 568 | 1.47 |
| 2018 | $5,807,660 | $9,219,072 | $52,755,029 | 839 | 839 | 1.59 |
| 2019 | $12,298,638 | $50,051,093 | $71,758,346 | 1,759 | 1,759 | 4.07 |
| 2020 | $8,424,356 | $37,316,779 | $42,424,443 | 1,711 | 1,711 | 4.43 |
| 2021 | $8,033,659 | $12,091,926 | $55,761,420 | 724 | 724 | 1.51 |
| 2022 | $13,744,071 | $31,905,333 | $95,662,415 | 1,273 | 1,273 | 2.32 |
| 2023 | $11,446,793 | $23,804,353 | $77,610,915 | 1,151 | 1,151 | 2.08 |
| 2024 | $11,281,746 | $21,955,891 | $90,771,571 | 1,427 | 1,427 | 1.95 |
Commodities insured in Spink County
6 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
- 1.34Low end of the filed band
- 1.76Middle of the filed band
- 3.69High end of the filed band
- 2020Worst year filed (4.28)
- 10Years filed
- $49,964,182Premium filed
- $126,259,740Indemnity paid
- $312,202,585Liability insured
- 564,585Quantity planted
- 604,933Quantity lost
- 4,256Policies
- 4,256Policies with a loss
- 2.53Loss ratio, whole span
Causes that carried the indemnity in Spink County
- Excess Moisture/Precipitation/Rain $81,576,503 indemnity · 10 years
- Drought $17,066,529 indemnity · 8 years
- Cold Wet Weather $13,156,260 indemnity · 10 years
- ARPI/SCO/ECO/STAX/MP/HIP WI Crops Only $5,091,385 indemnity · 4 years
- Hail $4,138,918 indemnity · 10 years
- Decline in Price $2,247,256 indemnity · 7 years
Soybeans 10 years filed
- 1.20Low end of the filed band
- 1.68Middle of the filed band
- 5.31High end of the filed band
- 2020Worst year filed (5.49)
- 10Years filed
- $26,041,225Premium filed
- $63,266,518Indemnity paid
- $213,847,450Liability insured
- 571,019Quantity planted
- 571,249Quantity lost
- 4,223Policies
- 4,223Policies with a loss
- 2.43Loss ratio, whole span
Causes that carried the indemnity in Spink County
- Excess Moisture/Precipitation/Rain $32,319,336 indemnity · 10 years
- Drought $10,896,177 indemnity · 8 years
- Cold Wet Weather $5,610,314 indemnity · 10 years
- Hail $5,195,815 indemnity · 10 years
- ARPI/SCO/ECO/STAX/MP/HIP WI Crops Only $4,413,608 indemnity · 3 years
- Decline in Price $2,396,960 indemnity · 8 years
Wheat 10 years filed
- 1.81Low end of the filed band
- 2.66Middle of the filed band
- 3.85High end of the filed band
- 2020Worst year filed (4.11)
- 10Years filed
- $2,834,297Premium filed
- $8,515,864Indemnity paid
- $18,801,842Liability insured
- 75,949Quantity planted
- 76,333Quantity lost
- 807Policies
- 807Policies with a loss
- 3.00Loss ratio, whole span
Causes that carried the indemnity in Spink County
- Drought $3,863,672 indemnity · 6 years
- Excess Moisture/Precipitation/Rain $2,254,225 indemnity · 10 years
- Cold Winter $663,891 indemnity · 4 years
- Cold Wet Weather $367,807 indemnity · 9 years
- Hail $350,454 indemnity · 8 years
- Mycotoxin $318,687 indemnity · 3 years
Pasture,Rangeland,Forage 9 years filed
- 1.15Low end of the filed band
- 1.76Middle of the filed band
- 2.58High end of the filed band
- 2015Worst year filed (2.58)
- 9Years filed
- $1,076,677Premium filed
- $1,997,257Indemnity paid
- $5,306,306Liability insured
- 93,710Quantity planted
- 0Quantity lost
- 715Policies
- 715Policies with a loss
- 1.86Loss ratio, whole span
Causes that carried the indemnity in Spink County
- ARPI/SCO/STAX Crops Only $1,997,257 indemnity · 9 years
Sunflowers 9 years filed
- 0.60Low end of the filed band
- 2.61Middle of the filed band
- 4.09High end of the filed band
- 2019Worst year filed (4.09)
- 9Years filed
- $658,093Premium filed
- $1,881,702Indemnity paid
- $3,132,764Liability insured
- 10,851Quantity planted
- 10,540Quantity lost
- 126Policies
- 126Policies with a loss
- 2.86Loss ratio, whole span
Causes that carried the indemnity in Spink County
- Excess Moisture/Precipitation/Rain $1,150,443 indemnity · 8 years
- Cold Wet Weather $548,595 indemnity · 5 years
- Drought $89,203 indemnity · 5 years
- Hail $73,486 indemnity · 2 years
- Insects $16,364 indemnity · 1 years
- Decline in Price $2,880 indemnity · 3 years
Apiculture 9 years filed
- 0.68Low end of the filed band
- 1.73Middle of the filed band
- 3.78High end of the filed band
- 2015Worst year filed (3.78)
- 9Years filed
- $490,000Premium filed
- $1,055,999Indemnity paid
- $2,334,885Liability insured
- 14,188Quantity planted
- 0Quantity lost
- 96Policies
- 96Policies with a loss
- 2.16Loss ratio, whole span
Causes that carried the indemnity in Spink County
- ARPI/SCO/STAX Crops Only $1,055,999 indemnity · 9 years
Every county-crop the agency files in South Dakota → Buy the Spink 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.