Merchants & Planters Bank

 

USDA subsidy information for Merchants & Planters Bank

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.

Payment Breakdown

Subsidy ProgramTotal Payments 1995-2021
Total Commodity Programs$23,976,643
Total Disaster Programs$51,205

Commodity subsidy breakdown

Subsidy ProgramTotal Payments 1995-2021
Total Commodity Programs$23,976,643
Coronavirus Food Assistance Program - Round 2$2,445,350
    CFAP Round 2 Payments$1,040,674
    CFAP Round 2 - Top up payment for acreage based commodities$1,404,675
Market Facilitation Program (MFP)$4,117,467
    Market Facilitation Program Payment (MFP) - Non-specialty crops$4,117,467
Agricultural Risk Coverage (ARC) Program$304,331
    Agricultural Risk Coverage County Payment (ARC-CO)$304,331
Price Loss Coverage Program (PLC)$17,109,495
    Price Loss Coverage Program Payments (PLC)$17,109,495

Disaster subsidy breakdown

Subsidy ProgramTotal Payments 1995-2021
Total Disaster Programs$51,205
Wildfires and Hurricane Indemnity Program Payments$51,205
    Wildfires and Hurricane Indemnity Program Payments - Milk Loss$51,205
 

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