Crops | Insured Acres | Total Acres | Percent Insured |
---|---|---|---|
Apples | 505 | N/A | - |
Barley | 40,973 | 80,000 | 51% |
Buckwheat | 273 | N/A | - |
Canola | 39,400 | 46,000 | 86% |
Corn | 7,479,852 | 7,900,000 | 95% |
Cultivated Wild Rice | 11,002 | N/A | - |
Dry Beans | 170,960 | 175,000 | 98% |
Dry Peas | 4,130 | N/A | - |
Flax | 2,738 | N/A | - |
Forage Production | 90,081 | 1,220,000 | 7% |
Grass Seed | 32,332 | N/A | - |
Green Peas | 48,518 | N/A | - |
Oats | 37,890 | 180,000 | 21% |
Potatoes | 36,692 | 44,000 | 83% |
Processing Beans | 456 | N/A | - |
Soybeans | 7,444,973 | 7,800,000 | 95% |
Sugar Beets | 405,350 | 415,000 | 98% |
Sunflowers | 47,888 | 52,500 | 91% |
Sweet Corn | 100,278 | N/A | - |
Wheat | 1,492,618 | 1,621,000 | 92% |
- Insured Acres include Prevented Planting acres - Total Acres are official National Agricultural Statistics Service estimates - NA - Not Available |
Crop Pilot Programs | ||
---|---|---|
Program | County Availability | Total Liability |
Apiculture – Rainfall Index | All Minnesota counties | $6,863,693 |
Grass Seed | Beltrami, Kittson, Koochiching, Lake of the Woods, Marshall, Pennington, Red Lake, and Roseau counties | $8,861,750 |
Livestock Gross Margin – Cattle, Dairy Cattle, & Swine | All Minnesota counties | $38,372,806 |
Livestock Risk Protection – Fed Cattle, Feeder Cattle, Lamb, & Swine | All Minnesota counties | $4,320,350 |
Pasture, Rangeland, Forage – Rainfall Index | All Minnesota counties | $6,219,901 |
Whole Farm Revenue Protection | All Minnesota counties | $18,197,169 |
Dollar Liability Program | Total Dollar Liability |
---|---|
Apiculture – Rainfall Index | $6,863,693 |
Forage Seeding | $3,814,757 |
Hybrid Corn Seed | $3,576,489 |
Livestock Gross Margin – Cattle | $0 |
Livestock Gross Margin – Dairy Cattle | $33,349,721 |
Livestock Gross Margin – Swine | $5,023,085 |
Livestock Risk Protection – Fed Cattle | $189,473 |
Livestock Risk Protection – Feeder Cattle | $426,345 |
Livestock Risk Protection – Lamb | $1,608,408 |
Livestock Risk Protection – Swine | $2,096,129 |
Nursery | $13,496,261 |
Pasture, Rangeland, Forage – Rainfall Index | $6,219,901 |
Whole Farm Revenue Protection | $18,197,169 |
Year | Policies Earning Premium | Net Acres Insured | Liability | Gross Premium | Losses | Loss Ratio |
---|---|---|---|---|---|---|
2004 | 83,489 | 16,321,513 | 3,578,420,577 | 332,694,713 | 343,087,206 | 1.03 |
2005 | 82,326 | 16,273,184 | 3,070,257,066 | 284,219,630 | 132,606,568 | 0.47 |
2006 | 79,691 | 16,270,737 | 3,493,016,166 | 317,664,199 | 87,305,662 | 0.27 |
2007 | 78,713 | 16,457,304 | 5,421,322,220 | 519,206,986 | 236,422,356 | 0.46 |
2008 | 80,401 | 16,619,535 | 7,758,246,676 | 844,241,528 | 691,538,991 | 0.82 |
2009 | 83,833 | 16,981,043 | 6,040,800,495 | 626,338,887 | 151,187,130 | 0.24 |
2010 | 80,718 | 16,951,421 | 6,121,725,685 | 524,551,109 | 80,276,029 | 0.15 |
2011 | 80,152 | 17,173,923 | 9,456,289,562 | 845,441,631 | 450,673,592 | 0.53 |
2012 | 81,946 | 17,495,000 | 10,026,519,982 | 824,623,342 | 245,894,120 | 0.30 |
2013 | 82,343 | 17,677,923 | 10,321,245,709 | 826,151,924 | 1,327,881,404 | 1.61 |
2014 | 82,176 | 17,689,514 | 8,750,340,468 | 656,315,740 | 1,395,321,449 | 2.13 |
2015 | 81,991 | 17,761,928 | 7,957,501,619 | 629,904,296 | 91,092,674 | 0.14 |
2016 | 79,047 | 17,670,397 | 7,535,513,903 | 558,975,946 | 18,366,225 | 0.21 |
2017 | 77,346 | 17,647,465 | 8,118,029,920 | 631,673,035 | 141,965,218 | 0.22 |
2018 | 76,224 | 17,569,122 | 8,272,126,865 | 574,566,479 | 352,171,853 | 0.61 |
Data current as of February 25, 2019. For current data go to RMA’s Summary of Business tool.
All multi-peril crop insurance, including Catastrophic Risk Protection policies, are available from private crop insurance agents. A list of crop insurance agents is available at all USDA service centers and on RMA’s website.