Crop-loss band · North Dakota
Canola in North Dakota
- 1.14Low end of the filed band
- 2.11Middle of the filed band
- 2.74High end of the filed band
- 2021Worst year filed (2.82)
- 10Years filed
Every year the Risk Management Agency has filed for Canola in North Dakota, summed across the 36 counties that insure it. The annual loss ratio — indemnity divided by premium — runs from 1.14 at the low end to 2.74 at the high end, with 2.11 in the middle. The worst year filed is 2021, at 2.82.
- $236,968,850Premium filed
- $524,020,675Indemnity paid
- $1,134,792,450Liability insured
- 27,521Policies
- 27,510Policies with a loss
- 3,820,444Quantity planted
- 3,764,661Quantity lost
Canola in North Dakota, year by year
| Year | Premium | Indemnity | Liability | Policies | Policies with a loss | Loss ratio |
|---|---|---|---|---|---|---|
| 2015 | $14,781,572 | $16,917,722 | $76,366,007 | 1,951 | 1,944 | 1.14 |
| 2016 | $7,125,003 | $14,010,897 | $32,492,942 | 962 | 960 | 1.97 |
| 2017 | $18,669,970 | $42,987,920 | $94,009,215 | 2,890 | 2,890 | 2.30 |
| 2018 | $10,499,511 | $16,415,319 | $45,315,623 | 1,282 | 1,282 | 1.56 |
| 2019 | $16,330,866 | $44,713,503 | $89,995,656 | 2,625 | 2,624 | 2.74 |
| 2020 | $12,197,928 | $27,869,969 | $45,691,363 | 2,242 | 2,242 | 2.28 |
| 2021 | $46,245,920 | $130,297,875 | $236,233,539 | 4,269 | 4,268 | 2.82 |
| 2022 | $45,784,979 | $101,352,644 | $198,977,630 | 4,164 | 4,164 | 2.21 |
| 2023 | $37,262,670 | $78,665,726 | $184,324,019 | 3,744 | 3,744 | 2.11 |
| 2024 | $28,070,432 | $50,789,100 | $131,386,458 | 3,392 | 3,392 | 1.81 |
Every county-crop the agency files in North Dakota → 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.