Crop-loss band · South Dakota

Wheat in South Dakota

1.76Low end of the filed band
2.45Middle of the filed band
3.26High end of the filed band
2021Worst year filed (3.28)
10Years filed

Every year the Risk Management Agency has filed for Wheat in South Dakota, summed across the 52 counties that insure it. The annual loss ratio — indemnity divided by premium — runs from 1.76 at the low end to 3.26 at the high end, with 2.45 in the middle. The worst year filed is 2021, at 3.28.

$213,563,444Premium filed
$560,947,885Indemnity paid
$971,717,833Liability insured
28,273Policies
28,259Policies with a loss
5,025,448Quantity planted
4,962,190Quantity lost

Wheat in South Dakota, year by year

Year	Premium	Indemnity	Liability	Policies	Policies with a loss	Loss ratio
2015	$33,996,565	$92,382,634	$152,968,195	4,907	4,904	2.72
2016	$6,385,816	$11,995,130	$28,329,558	1,393	1,393	1.88
2017	$32,925,417	$107,489,087	$154,710,102	4,729	4,724	3.26
2018	$12,949,720	$31,666,275	$69,136,444	2,255	2,253	2.45
2019	$18,903,088	$53,952,503	$98,219,335	3,990	3,988	2.85
2020	$5,270,304	$13,683,822	$23,456,640	1,997	1,997	2.60
2021	$26,253,399	$86,036,023	$126,755,437	2,765	2,763	3.28
2022	$18,980,118	$37,173,009	$78,668,402	1,707	1,707	1.96
2023	$50,974,094	$114,352,221	$204,207,421	3,573	3,573	2.24
2024	$6,924,924	$12,217,181	$35,266,298	957	957	1.76

Every county-crop the agency files in South Dakota →

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.

What this page shows

This page of the Velarion Records public-records register covers South Dakota Wheat in South Dakota. It lists a low end of the filed band of 1.76, a middle of 2.45, and a high end of 3.26, with 2021 as the worst year filed at 3.28. It also lists premium filed of $ 213,563,444, indemnity paid of $ 560,947,885, liability insured of $ 971,717,833, 28,273 policies, 28,259 policies with a loss, quantity planted of 5,025,448, and quantity lost of 4,962,190.