Crop-loss band · North Dakota
Corn in North Dakota
- 1.58Low end of the filed band
- 2.44Middle of the filed band
- 3.42High end of the filed band
- 2020Worst year filed (3.84)
- 10Years filed
Every year the Risk Management Agency has filed for Corn in North Dakota, summed across the 53 counties that insure it. The annual loss ratio — indemnity divided by premium — runs from 1.58 at the low end to 3.42 at the high end, with 2.44 in the middle. The worst year filed is 2020, at 3.84.
- $814,171,166Premium filed
- $2,334,449,436Indemnity paid
- $4,190,596,693Liability insured
- 55,478Policies
- 55,453Policies with a loss
- 10,354,973Quantity planted
- 10,258,549Quantity lost
Corn in North Dakota, year by year
| Year | Premium | Indemnity | Liability | Policies | Policies with a loss | Loss ratio |
|---|---|---|---|---|---|---|
| 2015 | $43,528,774 | $74,920,415 | $195,583,280 | 3,472 | 3,465 | 1.72 |
| 2016 | $10,632,377 | $16,834,647 | $46,084,644 | 810 | 810 | 1.58 |
| 2017 | $40,810,345 | $99,707,815 | $204,553,033 | 4,571 | 4,570 | 2.44 |
| 2018 | $22,109,876 | $49,473,411 | $118,443,627 | 2,731 | 2,729 | 2.24 |
| 2019 | $88,540,514 | $235,801,984 | $497,941,343 | 7,319 | 7,313 | 2.66 |
| 2020 | $136,079,197 | $522,131,857 | $590,270,975 | 8,161 | 8,159 | 3.84 |
| 2021 | $141,351,125 | $405,489,246 | $921,097,112 | 8,342 | 8,336 | 2.87 |
| 2022 | $148,272,282 | $506,551,631 | $648,198,244 | 8,472 | 8,471 | 3.42 |
| 2023 | $113,112,078 | $241,937,719 | $574,470,823 | 6,254 | 6,254 | 2.14 |
| 2024 | $69,734,598 | $181,600,711 | $393,953,611 | 5,346 | 5,346 | 2.60 |
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.