Price Loss Coverage Program (PLC) in Texas, 2021
Subsidy Recipients 1 to 20 of 39,052
Recipients of Price Loss Coverage Program (PLC) from farms in Texas totaled $322,631,000 in in 2021.
| Rank | Recipient (* ownership information available) |
Location | Price Loss Coverage Program (PLC) 2021 |
|---|---|---|---|
| 1 | Capital Farm Credit ** | El Campo, TX 77437 | $13,486,723 |
| 2 | Agtexas Fcs ** | Brownfield, TX 79316 | $8,949,312 |
| 3 | Agrifund LLC ** | Amarillo, TX 79106 | $6,247,811 |
| 4 | Lone Star State Bank Of West Texa ** | Lubbock, TX 79424 | $6,155,974 |
| 5 | Prosperity Bank ** | El Campo, TX 77437 | $6,078,859 |
| 6 | First United Bank ** | Seagraves, TX 79359 | $5,495,625 |
| 7 | City Bank ** | Lubbock, TX 79408 | $5,474,045 |
| 8 | Aimbank ** | Plains, TX 79355 | $4,452,090 |
| 9 | Peoples Bank ** | Lorenzo, TX 79343 | $3,758,000 |
| 10 | Sundown State Bank ** | Levelland, TX 79336 | $3,757,148 |
| 11 | First State Bank ** | Louise, TX 77455 | $3,485,565 |
| 12 | Wellington State Bank ** | Wellington, TX 79095 | $3,009,871 |
| 13 | Happy State Bank ** | Dumas, TX 79029 | $2,905,316 |
| 14 | West Texas National Bank ** | Seminole, TX 79360 | $2,756,508 |
| 15 | Farm Services Agency ** | Langdon, ND 58249 | $2,658,470 |
| 16 | Vista Bank Of Texas ** | Ralls, TX 79357 | $2,416,209 |
| 17 | First National Bank Of Eagle Lake ** | Eagle Lake, TX 77434 | $2,374,837 |
| 18 | New First National Bank ** | Victoria, TX 77904 | $1,652,593 |
| 19 | The State National Bank | Big Spring, TX 79721 | $998,923 |
| 20 | Legend Bank ** | Bowie, TX 76230 | $994,308 |
* USDA data are not "transparent" for many payments made to recipients through most cooperatives. Recipients of payments made through most cooperatives, and the amounts, have not been made public. To see ownership information, click on the name, then click on the link that is titled Ownership Information.
** EWG has identified this recipient as a bank or lending institution that received the payment because the payment applicant had a loan requiring any subsidy payments go to the lender first. In 2019, the information provided to EWG by USDA began to include the entity that received the payment, rather than the person or entity that applied for it, which was previously provided. This move to shield subsidy recipients from disclosure enables USDA to further evade taxpayer accountability. Six percent of subsidy dollars went to banks, lending institutions, or the Farm Service Agency.”
Next >>
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
