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Lake County, South Dakota Summary Information

Crop Insurance is becoming more important to farmers than Direct Payments
2004
2005
2006
2007
2008
2009
2010
2011
2012
  • $184 million in subsidies 1995-2012.
  • $114 million in commodity subsidies.
  • $45.4 million in crop insurance subsidies.
  • $16.1 million in conservation subsidies.
  • $8.98 million in disaster subsidies.
  • South Dakota ranking: 8 of 50 States
  • 26 percent of farms in South Dakota did not collect subsidy payments - according to USDA.
  • Ten percent collected 64 percent of all subsidies.
  • Amounting to $89.2 million over 18 years.
  • Top 10%: $32,690 average per year between 1995 and 2012.
  • Bottom 80%: $1,030 average per year between 1995 and 2012.

Top programs in Lake County, South Dakota, 1995-2012:

Years:
Rank Program
(click for top recipients, payment concentration and regional rankings)
Number of Recipients
1995-2012
Subsidy Total
1995-2012
1 Corn Subsidies**
 1,457**   $102,979,228
2 Soybean Subsidies**
 1,084**   $43,457,921
3 Conservation Reserve Program
 514   $15,421,580
4 Disaster Payments
 836   $8,978,383
5 Wheat Subsidies**
 899**   $4,598,666