Crop-loss band · South Dakota
Corn in South Dakota
- 1.32Low end of the filed band
- 1.96Middle of the filed band
- 3.67High end of the filed band
- 2020Worst year filed (3.87)
- 10Years filed
Every year the Risk Management Agency has filed for Corn in South Dakota, summed across the 65 counties that insure it. The annual loss ratio — indemnity divided by premium — runs from 1.32 at the low end to 3.67 at the high end, with 1.96 in the middle. The worst year filed is 2020, at 3.87.
- $1,302,898,842Premium filed
- $3,208,231,726Indemnity paid
- $8,192,203,590Liability insured
- 108,417Policies
- 108,280Policies with a loss
- 14,744,448Quantity planted
- 15,409,648Quantity lost
Corn in South Dakota, year by year
| Year | Premium | Indemnity | Liability | Policies | Policies with a loss | Loss ratio |
|---|---|---|---|---|---|---|
| 2015 | $25,958,159 | $42,153,223 | $112,960,115 | 2,287 | 2,274 | 1.62 |
| 2016 | $69,920,500 | $92,394,740 | $311,633,385 | 7,293 | 7,256 | 1.32 |
| 2017 | $77,326,301 | $124,883,466 | $459,581,752 | 7,689 | 7,688 | 1.62 |
| 2018 | $43,717,726 | $99,420,514 | $279,525,001 | 5,956 | 5,953 | 2.27 |
| 2019 | $192,902,309 | $707,631,396 | $942,589,988 | 20,996 | 20,990 | 3.67 |
| 2020 | $83,124,299 | $321,902,911 | $393,051,310 | 11,189 | 11,187 | 3.87 |
| 2021 | $164,233,199 | $362,303,485 | $1,060,278,229 | 11,169 | 11,156 | 2.21 |
| 2022 | $291,232,628 | $816,439,810 | $1,836,890,953 | 17,266 | 17,250 | 2.80 |
| 2023 | $225,510,626 | $388,736,945 | $1,821,515,953 | 13,252 | 13,216 | 1.72 |
| 2024 | $128,973,097 | $252,365,236 | $974,176,905 | 11,320 | 11,310 | 1.96 |
Every county-crop the agency files in South 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.