Panola County, Mississippi — crop-loss band

What stands out

Between its 2023 and 2024 filings its loss ratio rose from 2.47 to 2.79 and its premium rose from $1,833,228 to $2,402,663.
Its middle loss ratio of 2.79 ranks 7th highest of the 43 counties in Mississippi with a filed crop-loss record.
It insures 5 commodities, against a range of 2 to 7 across Mississippi’s 43 county records.
Across its 10 filed years it paid $48,627,585 of indemnity on $18,648,576 of premium, a loss ratio of 2.61.
Every one of its 10 filed years ran a loss ratio above 1.0; its lowest was 1.63 in 2017 and its highest 3.45 in 2020.

Every line is computed by formula from this county’s own filed figures; nothing is estimated.

Year	Premium	Indemnity	Liability	Policies	Policies with a loss	Loss ratio
2015	$1,392,584	$4,248,408	$9,841,717	174	172	3.05
2016	$1,198,710	$3,583,310	$7,595,665	156	155	2.99
2017	$1,731,806	$2,821,839	$7,575,096	101	98	1.63
2018	$2,263,180	$5,552,393	$11,997,997	169	169	2.45
2019	$1,810,355	$5,101,118	$11,079,329	167	164	2.82
2020	$1,293,887	$4,466,514	$9,648,473	142	140	3.45
2021	$1,150,722	$3,787,652	$10,043,228	110	110	3.29
2022	$3,571,441	$7,841,800	$18,790,137	155	155	2.20
2023	$1,833,228	$4,532,717	$12,624,975	140	140	2.47
2024	$2,402,663	$6,691,834	$15,535,663	174	174	2.79

Commodity	Years	Low	Middle	High	Worst year	Whole span
Corn	10	2.36	3.09	3.93	2015 (4.20)	3.02
Soybeans	10	1.25	1.96	2.92	2021 (3.42)	2.38
Cotton	10	0.81	2.27	4.69	2016 (4.70)	1.94
Rice	10	2.35	4.69	6.05	2016 (7.42)	4.66
Wheat	10	0.66	2.33	4.16	2021 (4.60)	2.81

Commodity	Premium	Indemnity	Liability	Planted	Lost	Policies	With a loss
Corn	$6,299,736	$19,053,986	$38,430,562	116,920	113,860	407	407
Soybeans	$5,039,283	$11,995,482	$40,077,624	131,629	126,693	652	646
Cotton	$5,258,353	$10,214,490	$22,276,253	28,602	81,801	236	236
Rice	$867,111	$4,037,721	$8,227,717	13,241	11,662	88	84
Wheat	$1,184,093	$3,325,906	$5,720,124	37,692	37,643	105	104