Crop-loss band · Minnesota
Sunflowers in Minnesota
- 1.71Low end of the filed band
- 2.14Middle of the filed band
- 3.07High end of the filed band
- 2017Worst year filed (3.63)
- 10Years filed
Every year the Risk Management Agency has filed for Sunflowers in Minnesota, summed across the 9 counties that insure it. The annual loss ratio — indemnity divided by premium — runs from 1.71 at the low end to 3.07 at the high end, with 2.14 in the middle. The worst year filed is 2017, at 3.63.
- $7,114,628Premium filed
- $16,538,349Indemnity paid
- $28,884,284Liability insured
- 684Policies
- 684Policies with a loss
- 113,161Quantity planted
- 112,214Quantity lost
Sunflowers in Minnesota, year by year
| Year | Premium | Indemnity | Liability | Policies | Policies with a loss | Loss ratio |
|---|---|---|---|---|---|---|
| 2015 | $851,378 | $2,039,503 | $4,483,029 | 97 | 97 | 2.40 |
| 2016 | $829,933 | $2,548,993 | $4,082,788 | 108 | 108 | 3.07 |
| 2017 | $304,664 | $1,106,046 | $1,464,312 | 32 | 32 | 3.63 |
| 2018 | $534,460 | $1,143,962 | $2,284,416 | 49 | 49 | 2.14 |
| 2019 | $485,230 | $1,391,975 | $2,059,970 | 81 | 81 | 2.87 |
| 2020 | $619,494 | $1,056,466 | $2,371,376 | 77 | 77 | 1.71 |
| 2021 | $510,418 | $946,062 | $1,969,065 | 34 | 34 | 1.85 |
| 2022 | $1,391,232 | $3,085,387 | $3,742,597 | 93 | 93 | 2.22 |
| 2023 | $624,178 | $1,265,131 | $2,848,478 | 25 | 25 | 2.03 |
| 2024 | $963,641 | $1,954,824 | $3,578,253 | 88 | 88 | 2.03 |
Every county-crop the agency files in Minnesota → Buy one county-crop’s 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, summed to the commodity and state. The loss ratio is the agency’s own published column, re-derived at this grain.