Loan Deficiency payments in Chesapeake City, Virginia totaled $4.6 million from 1995-2023.
From 1995 to 2023, the top 10 percent of Loan Deficiency payment recipients were paid 60 percent of Loan Deficiency recipients.
| Pct. of Recipients | Pct. of Payments | Number of Recipients | Total Payments 1995-2023 | Payment per Recipient |
|---|---|---|---|---|
| Top 1% | 7% | 1 | $320,875 | $320,875 |
| Top 2% | 17% | 3 | $796,612 | $265,537 |
| Top 3% | 22% | 4 | $1,020,018 | $255,005 |
| Top 4% | 31% | 6 | $1,434,904 | $239,151 |
| Top 5% | 39% | 8 | $1,800,033 | $225,004 |
| Top 6% | 42% | 9 | $1,939,695 | $215,522 |
| Top 7% | 48% | 11 | $2,191,570 | $199,234 |
| Top 8% | 53% | 13 | $2,426,402 | $186,646 |
| Top 9% | 55% | 14 | $2,535,685 | $181,120 |
| Top 10% | 60% | 16 | $2,747,153 | $171,697 |
| Top 11% | 64% | 18 | $2,937,661 | $163,203 |
| Top 12% | 66% | 19 | $3,026,604 | $159,295 |
| Top 13% | 70% | 21 | $3,196,126 | $152,196 |
| Top 14% | 73% | 23 | $3,342,529 | $145,327 |
| Top 15% | 74% | 24 | $3,412,787 | $142,199 |
| Top 16% | 77% | 26 | $3,527,591 | $135,677 |
| Top 17% | 79% | 28 | $3,621,410 | $129,336 |
| Top 18% | 80% | 29 | $3,664,511 | $126,362 |
| Top 19% | 82% | 31 | $3,747,975 | $120,902 |
| Top 20% | 83% | 33 | $3,826,275 | $115,948 |
| Remaining 80% of recips. | 17% | 132 | $765,054 | $5,796 |
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
