Crop-loss band · South Dakota
Grain Sorghum in South Dakota
- 1.08Low end of the filed band
- 1.66Middle of the filed band
- 2.08High end of the filed band
- 2017Worst year filed (2.09)
- 10Years filed
Every year the Risk Management Agency has filed for Grain Sorghum in South Dakota, summed across the 14 counties that insure it. The annual loss ratio — indemnity divided by premium — runs from 1.08 at the low end to 2.08 at the high end, with 1.66 in the middle. The worst year filed is 2017, at 2.09.
- $19,216,272Premium filed
- $34,786,967Indemnity paid
- $67,017,782Liability insured
- 2,363Policies
- 2,359Policies with a loss
- 377,249Quantity planted
- 370,394Quantity lost
Grain Sorghum in South Dakota, year by year
| Year | Premium | Indemnity | Liability | Policies | Policies with a loss | Loss ratio |
|---|---|---|---|---|---|---|
| 2015 | $738,282 | $967,704 | $1,579,732 | 123 | 123 | 1.31 |
| 2016 | $604,159 | $650,986 | $2,070,423 | 110 | 106 | 1.08 |
| 2017 | $2,197,650 | $4,598,870 | $8,376,490 | 386 | 386 | 2.09 |
| 2018 | $894,805 | $1,340,228 | $3,010,648 | 163 | 163 | 1.50 |
| 2019 | $2,250,015 | $4,595,911 | $6,444,940 | 374 | 374 | 2.04 |
| 2020 | $797,807 | $1,658,633 | $2,609,801 | 178 | 178 | 2.08 |
| 2021 | $4,017,972 | $8,091,212 | $14,680,899 | 343 | 343 | 2.01 |
| 2022 | $2,734,786 | $4,852,518 | $9,285,315 | 228 | 228 | 1.77 |
| 2023 | $2,329,803 | $3,860,513 | $9,004,959 | 173 | 173 | 1.66 |
| 2024 | $2,650,993 | $4,170,392 | $9,954,575 | 285 | 285 | 1.57 |
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.