Livestock Indemnity Program (LIP) payments in Vermilion Parish, Louisiana totaled $4.2 million from 1995-2023.
From 1995 to 2023, the top 10 percent of Livestock Indemnity Program (LIP) payment recipients were paid 37 percent of Livestock Indemnity Program (LIP) recipients.
| Pct. of Recipients | Pct. of Payments | Number of Recipients | Total Payments 1995-2023 | Payment per Recipient |
|---|---|---|---|---|
| Top 1% | 3% | 1 | $119,050 | $119,050 |
| Top 2% | 7% | 3 | $279,050 | $93,017 |
| Top 3% | 10% | 5 | $439,050 | $87,810 |
| Top 4% | 14% | 7 | $599,050 | $85,579 |
| Top 5% | 18% | 9 | $759,050 | $84,339 |
| Top 6% | 22% | 11 | $919,050 | $83,550 |
| Top 7% | 26% | 13 | $1,079,050 | $83,004 |
| Top 8% | 29% | 15 | $1,239,050 | $82,603 |
| Top 9% | 33% | 17 | $1,399,050 | $82,297 |
| Top 10% | 37% | 19 | $1,559,050 | $82,055 |
| Top 11% | 40% | 21 | $1,712,759 | $81,560 |
| Top 12% | 44% | 23 | $1,857,430 | $80,758 |
| Top 13% | 46% | 24 | $1,926,758 | $80,282 |
| Top 14% | 49% | 26 | $2,054,408 | $79,016 |
| Top 15% | 51% | 28 | $2,178,814 | $77,815 |
| Top 16% | 54% | 30 | $2,300,603 | $76,687 |
| Top 17% | 57% | 32 | $2,420,014 | $75,625 |
| Top 18% | 59% | 34 | $2,516,682 | $74,020 |
| Top 19% | 62% | 36 | $2,610,822 | $72,523 |
| Top 20% | 64% | 38 | $2,701,366 | $71,089 |
| Remaining 80% of recips. | 36% | 154 | $1,529,904 | $9,934 |
Increasing crop reference prices would hurt young farmers
Do billionaires get farm subsidies?
Crop insurance pays billions in weather-related losses linked to the climate crisis
Crop insurance costs soar over time, reaching a record high in 2022
As the climate emergency heats up the Southwest, crop insurance payouts for heat surge
In the intensifying climate crisis, a hotter Southwest spurs rising heat-related crop insurance costs
