Spence & Spence Farm

 

USDA subsidy information for Spence & Spence Farm

Payment Breakdown

Subsidy ProgramTotal Payments 1995-2020‡
Total USDA - Subsidies$3,502,171
Subtotal, Farming Subsidies$3,203,603
Subtotal, Conservation Programs$17,565
Subtotal, Disaster Payments$281,003

Commodity subsidy breakdown

Subsidy ProgramTotal Payments 1995-2020‡
Subtotal, Farming Subsidies$3,203,603
Total Market Facilitation Program$374,242
Market Facilitation Program - Non-specified commodity crops$374,242
Total Price Loss Coverage$716,321
Price Loss Coverage - Peanuts$716,321
Total Agricultural Risk Coverage$18,198
Agricultural Risk Coverage County - Corn$11,910
Agricultural Risk Coverage County - Soybean$2,761
Agricultural Risk Coverage County - Wheat$3,527
Cotton Ginning Cost Share Program$90,994
Cotton Ginning Cost Share Payment$90,994
Total Direct Payments$579,838
Direct Payment - Corn$23,362
Direct Payment - Oats$129
Direct Payment - Peanuts$196,728
Direct Payment - Sorghum$40
Direct Payment - Soybeans$3,142
Direct Payment - Upland Cotton$334,218
Direct Payment - Wheat$22,219
Total Counter Cyclical Payments$524,768
Counter Cyclical Payment - Corn$4,288
Counter Cyclical Payment - Oats$0
Counter Cyclical Payment - Peanuts$224,788
Counter Cyclical Payment - Sorghum$4
Counter Cyclical Payment - Soybeans$24
Counter Cyclical Payment - Cotton$295,664
Counter Cyclical Payment - Wheat$0
Production Flexibility Contracts$87,634
Production Flexibility - Corn$23,912
Production Flexibility - Oats$10
Production Flexibility - Sorghum$120
Production Flexibility - Upland Cotton$55,174
Production Flexibility - Wheat$8,418
Mkt. Loss Asst. - Commodity Crops$57,188
Market Loss Assistance - Corn$18,134
Market Loss Assistance - Oats$10
Market Loss Assistance - Sorghum$132
Market Loss Assistance - Upland Cotton$33,108
Market Loss Assistance - Wheat$5,804
Loan Deficiency Payments$503,926
Loan Deficiency - Corn$380
Loan Deficiency - Upland Cotton$498,560
Loan Deficiency - Peanuts$4,986
Total Commodity Certificates$115,875
Commodity Certificates - Cotton$115,875
Marketing Loan Gains$12,900
Market Gains - Peanuts$12,900
Misc. Farm - Subsidies$28,926
Interest Penalty Payments$725
Peanut Marketing Assistance$28,201
Total Storage Program$9,226
Storage Forgiven - Upland Cotton$9,226
Cotton Transistion Assistance Program$31,160
Cotton Transistion Assistance Program$31,160

Conservation subsidy breakdown

Subsidy ProgramTotal Payments 1995-2020‡
Subtotal, Conservation Programs$17,565
Env. Quality Incentive Program$14,988
EQIP - Regular$14,988

Disaster subsidy breakdown

Subsidy ProgramTotal Payments 1995-2020‡
Subtotal, Disaster Payments$281,003
Emergency Conservation$7,387
Emergency Conservation - Flood$2,577
Emergency Conservation - Other$4,810
Supplemental Revenue Assistance Payments Program$80,162
SURE - Program Payments$80,162
Misc. Disaster Payments$185,003
Crop Disaster - Program$131,026
2019 Wildfires and Hurricane Disaster Payments$53,977
Livestock Disaster / Emergency$11,028
Livestock Forage Disaster Program$11,028

‡ Data for 2020 includes payments made by USDA through June 30, 2020 and does not include crop insurance premium subsidies.

 

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