Follow this countyUnsubscribe any time.
Crop-loss band · Minnesota
Chisago County, Minnesota — crop-loss band
- 1.26Low end of the band
- 2.12Middle of the band
- 3.19High end of the band
- 2019Worst year (3.29)
- 10Years filed
Chisago County by filed year
| Year | Premium | Indemnity | Liability | Policies | Policies with a loss | Loss ratio |
|---|---|---|---|---|---|---|
| 2015 | $36,643 | $76,839 | $206,159 | 18 | 18 | 2.10 |
| 2016 | $73,763 | $234,939 | $469,601 | 15 | 15 | 3.19 |
| 2017 | $344,659 | $522,986 | $2,510,301 | 68 | 68 | 1.52 |
| 2018 | $275,351 | $345,946 | $1,753,382 | 48 | 48 | 1.26 |
| 2019 | $897,791 | $2,957,229 | $5,373,469 | 215 | 215 | 3.29 |
| 2020 | $101,112 | $214,829 | $700,904 | 40 | 40 | 2.12 |
| 2021 | $462,836 | $897,984 | $3,252,405 | 68 | 68 | 1.94 |
| 2022 | $518,721 | $1,314,200 | $3,355,226 | 56 | 56 | 2.53 |
| 2023 | $1,805,346 | $4,541,272 | $14,305,139 | 281 | 281 | 2.52 |
| 2024 | $1,660,409 | $4,080,701 | $12,245,189 | 275 | 275 | 2.46 |
2 commodities insured in Chisago County
| Commodity | Years | Low | Middle | High | Worst year | Whole span |
|---|---|---|---|---|---|---|
| Corn | 10 | 1.53 | 2.65 | 3.54 | 2018 (3.58) | 2.64 |
| Soybeans | 10 | 1.12 | 2.16 | 2.64 | 2019 (2.68) | 2.17 |
| Commodity | Premium | Indemnity | Liability | Planted | Lost | Policies | With a loss |
|---|---|---|---|---|---|---|---|
| Corn | $3,801,533 | $10,024,911 | $28,437,138 | 52,271 | 51,703 | 579 | 579 |
| Soybeans | $2,375,097 | $5,162,014 | $15,734,637 | 47,484 | 47,558 | 505 | 505 |
Causes that carried Chisago County’s indemnity
Corn
- Excess Moisture/Precipitation/Rain $4,713,235 indemnity · 8 years
- Drought $4,101,372 indemnity · 7 years
- ARPI/SCO/ECO/STAX/MP/HIP-WI/PACE Crops Only $303,704 indemnity · 2 years
- Flood $227,234 indemnity · 1 years
- Cold Wet Weather $209,748 indemnity · 3 years
- Hail $99,955 indemnity · 2 years
Soybeans
- Excess Moisture/Precipitation/Rain $2,453,385 indemnity · 8 years
- Drought $2,067,856 indemnity · 8 years
- Cold Wet Weather $258,922 indemnity · 5 years
- Decline in Price $135,168 indemnity · 6 years
- Flood $101,071 indemnity · 2 years
- Hail $47,910 indemnity · 3 years
All county-crop bands in Minnesota →
Source: USDA Risk Management Agency, Cause of Loss Summary of Business. Methodology.