Crop-loss band · South Dakota
Forage Production in South Dakota
- 1.12Low end of the filed band
- 1.96Middle of the filed band
- 2.82High end of the filed band
- 2017Worst year filed (3.03)
- 10Years filed
Every year the Risk Management Agency has filed for Forage Production in South Dakota, summed across the 23 counties that insure it. The annual loss ratio — indemnity divided by premium — runs from 1.12 at the low end to 2.82 at the high end, with 1.96 in the middle. The worst year filed is 2017, at 3.03.
- $32,719,855Premium filed
- $72,779,272Indemnity paid
- $135,011,585Liability insured
- 9,401Policies
- 9,326Policies with a loss
- 1,994,622Quantity planted
- 1,996,863Quantity lost
Forage Production in South Dakota, year by year
| Year | Premium | Indemnity | Liability | Policies | Policies with a loss | Loss ratio |
|---|---|---|---|---|---|---|
| 2015 | $634,227 | $709,357 | $1,894,763 | 104 | 104 | 1.12 |
| 2016 | $4,913,323 | $10,151,900 | $19,322,596 | 1,869 | 1,847 | 2.07 |
| 2017 | $5,581,975 | $16,932,869 | $25,942,237 | 2,704 | 2,677 | 3.03 |
| 2018 | $608,323 | $824,041 | $2,497,646 | 213 | 206 | 1.35 |
| 2019 | $65,393 | $90,111 | $185,911 | 23 | 23 | 1.38 |
| 2020 | $1,890,069 | $3,708,840 | $7,469,759 | 562 | 556 | 1.96 |
| 2021 | $5,588,096 | $15,782,557 | $24,227,127 | 1,771 | 1,758 | 2.82 |
| 2022 | $2,591,526 | $5,586,999 | $10,939,304 | 661 | 661 | 2.16 |
| 2023 | $4,171,150 | $5,735,455 | $14,332,665 | 588 | 588 | 1.38 |
| 2024 | $6,675,773 | $13,257,143 | $28,199,578 | 906 | 906 | 1.99 |
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.