Price Loss Coverage Program (PLC) payments in Lea County, New Mexico totaled $2.1 million in 2021

In 2021, the top 10 percent of Price Loss Coverage Program (PLC) payment recipients were paid 64 percent of Price Loss Coverage Program (PLC) recipients.

Pct. of Recipients Pct. of Payments Number of Recipients Total Payments 2021 Payment per Recipient
Top 1%14%1$291,974$291,974
Top 2%28%2$578,274$289,137
Top 3%36%3$751,412$250,471
Top 4%41%4$859,038$214,760
Top 5%46%5$959,236$191,847
Top 6%50%6$1,048,454$174,742
Top 7%55%7$1,137,224$162,461
Top 8%59%8$1,225,149$153,144
Top 9%62%9$1,286,298$142,922
Top 10%64%10$1,334,702$133,470
Top 11%66%11$1,377,706$125,246
Top 12%68%12$1,418,680$118,223
Top 13%70%13$1,459,052$112,235
Top 14%72%14$1,495,335$106,810
Top 15%74%15$1,528,986$101,932
Top 16%75%16$1,561,118$97,570
Top 17%77%17$1,591,160$93,598
Top 18%78%18$1,620,229$90,013
Top 19%79%19$1,648,279$86,752
Top 20%82%21$1,701,953$81,045
Remaining 80% of recips.18%84$376,508$4,482
 

Farm Subsidies Education

AgMag