Crop-loss band · North Dakota
Wheat in North Dakota
- 2.00Low end of the filed band
- 2.22Middle of the filed band
- 3.09High end of the filed band
- 2021Worst year filed (3.61)
- 10Years filed
Every year the Risk Management Agency has filed for Wheat in North Dakota, summed across the 53 counties that insure it. The annual loss ratio — indemnity divided by premium — runs from 2.00 at the low end to 3.09 at the high end, with 2.22 in the middle. The worst year filed is 2021, at 3.61.
- $677,284,207Premium filed
- $1,842,318,170Indemnity paid
- $3,647,365,188Liability insured
- 80,888Policies
- 80,869Policies with a loss
- 16,540,296Quantity planted
- 16,531,442Quantity lost
Wheat in North Dakota, year by year
| Year | Premium | Indemnity | Liability | Policies | Policies with a loss | Loss ratio |
|---|---|---|---|---|---|---|
| 2015 | $27,977,952 | $57,869,847 | $149,804,533 | 4,915 | 4,913 | 2.07 |
| 2016 | $47,634,268 | $105,867,356 | $240,943,385 | 5,601 | 5,597 | 2.22 |
| 2017 | $82,689,153 | $219,193,017 | $432,830,356 | 9,426 | 9,423 | 2.65 |
| 2018 | $20,203,811 | $44,364,256 | $111,454,709 | 3,318 | 3,317 | 2.20 |
| 2019 | $94,964,438 | $293,466,181 | $573,938,477 | 13,382 | 13,381 | 3.09 |
| 2020 | $46,387,740 | $121,259,183 | $234,268,237 | 8,666 | 8,665 | 2.61 |
| 2021 | $142,191,156 | $514,008,534 | $880,102,048 | 12,040 | 12,033 | 3.61 |
| 2022 | $63,291,119 | $180,850,096 | $274,008,012 | 8,340 | 8,340 | 2.86 |
| 2023 | $110,498,181 | $221,512,495 | $523,843,641 | 9,475 | 9,475 | 2.00 |
| 2024 | $41,446,390 | $83,927,205 | $226,171,791 | 5,725 | 5,725 | 2.03 |
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.