Livestock Indemnity Program (LIP) payments in South Dakota totaled $152 million from 1995-2023.
From 1995 to 2023, the top 10 percent of Livestock Indemnity Program (LIP) payment recipients were paid 59 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% | 16% | 126 | $24,553,235 | $194,867 |
| Top 2% | 25% | 253 | $38,243,579 | $151,160 |
| Top 3% | 32% | 380 | $48,961,167 | $128,845 |
| Top 4% | 38% | 507 | $57,637,769 | $113,684 |
| Top 5% | 43% | 634 | $64,969,218 | $102,475 |
| Top 6% | 47% | 761 | $71,323,176 | $93,723 |
| Top 7% | 50% | 888 | $76,879,960 | $86,577 |
| Top 8% | 54% | 1,015 | $81,820,427 | $80,611 |
| Top 9% | 57% | 1,142 | $86,157,088 | $75,444 |
| Top 10% | 59% | 1,268 | $90,002,711 | $70,980 |
| Top 11% | 61% | 1,395 | $93,537,515 | $67,052 |
| Top 12% | 64% | 1,522 | $96,765,280 | $63,578 |
| Top 13% | 65% | 1,649 | $99,745,905 | $60,489 |
| Top 14% | 67% | 1,776 | $102,484,861 | $57,705 |
| Top 15% | 69% | 1,903 | $105,035,897 | $55,195 |
| Top 16% | 71% | 2,030 | $107,431,532 | $52,922 |
| Top 17% | 72% | 2,157 | $109,646,376 | $50,833 |
| Top 18% | 73% | 2,284 | $111,698,257 | $48,905 |
| Top 19% | 75% | 2,410 | $113,609,866 | $47,141 |
| Top 20% | 76% | 2,537 | $115,406,524 | $45,489 |
| Remaining 80% of recips. | 24% | 10,152 | $36,977,676 | $3,642 |
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
