USDA subsidy information for First Guaranty 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 Program | Total Payments 1995-2021 |
|---|
| Total Commodity Programs | $6,467,281 |
| Total Disaster Programs | $914,478 |
Commodity subsidy breakdown
| Subsidy Program | Total Payments 1995-2021 |
|---|
| Total Commodity Programs | $6,467,281 |
| Coronavirus Food Assistance Program - Round 1 | $578,677 |
| CFAP Round 1 Payments | $568,434 |
| CFAP Round 1 - Top up payment for cattle | $10,243 |
| Coronavirus Food Assistance Program - Round 2 | $678,369 |
| CFAP Round 2 Payments | $413,699 |
| CFAP Round 2 - Top up payment for acreage based commodities | $264,670 |
| Market Facilitation Program (MFP) | $498,880 |
| Market Facilitation Program Payment (MFP) - Non-specialty crops | $498,880 |
| Agricultural Risk Coverage (ARC) Program | $146,883 |
| Agricultural Risk Coverage County Payment (ARC-CO) | $146,883 |
| Price Loss Coverage Program (PLC) | $4,564,471 |
| Price Loss Coverage Program Payments (PLC) | $4,564,471 |
Disaster subsidy breakdown
| Subsidy Program | Total Payments 1995-2021 |
|---|
| Total Disaster Programs | $914,478 |
| Wildfires and Hurricane Indemnity Program Payments | $914,478 |
| Wildfires and Hurricane Indemnity Program Payments - Milk Loss | $914,478 |
Federal crop insurance reform vital for incentivizing climate adaptation on farms
Farm Subsidies Ballooned Under Trump
Is Federal Crop Insurance Policy Leading to Another Dust Bowl?
Double Dipping:
The "Farm Crisis" Myth
Crying Wolf