Crop-loss band · North Dakota
Sugar Beets in North Dakota
- 2.22Low end of the filed band
- 2.86Middle of the filed band
- 5.16High end of the filed band
- 2019Worst year filed (10.79)
- 10Years filed
Every year the Risk Management Agency has filed for Sugar Beets in North Dakota, summed across the 6 counties that insure it. The annual loss ratio — indemnity divided by premium — runs from 2.22 at the low end to 5.16 at the high end, with 2.86 in the middle. The worst year filed is 2019, at 10.79.
- $19,080,027Premium filed
- $96,095,704Indemnity paid
- $285,923,200Liability insured
- 4,096Policies
- 4,091Policies with a loss
- 261,212Quantity planted
- 233,313Quantity lost
Sugar Beets in North Dakota, year by year
| Year | Premium | Indemnity | Liability | Policies | Policies with a loss | Loss ratio |
|---|---|---|---|---|---|---|
| 2015 | $694,529 | $1,606,398 | $11,739,896 | 165 | 163 | 2.31 |
| 2016 | $1,724,984 | $8,905,438 | $28,165,090 | 374 | 373 | 5.16 |
| 2017 | $504,417 | $1,443,977 | $7,026,064 | 110 | 110 | 2.86 |
| 2018 | $1,069,826 | $3,418,437 | $15,690,306 | 189 | 189 | 3.20 |
| 2019 | $4,510,023 | $48,652,413 | $73,794,132 | 1,597 | 1,596 | 10.79 |
| 2020 | $1,851,430 | $8,645,850 | $28,733,565 | 357 | 356 | 4.67 |
| 2021 | $3,055,929 | $7,447,766 | $40,015,668 | 440 | 440 | 2.44 |
| 2022 | $2,949,203 | $8,398,012 | $45,355,979 | 519 | 519 | 2.85 |
| 2023 | $1,312,681 | $4,450,152 | $14,952,299 | 160 | 160 | 3.39 |
| 2024 | $1,407,006 | $3,127,261 | $20,450,201 | 185 | 185 | 2.22 |
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.