Peoples State Bank

 

USDA subsidy information for Peoples State 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 1995-2020‡
Total USDA - Subsidies$161,811
Subtotal, Farming Subsidies$126,375
Subtotal, Conservation Programs$27,622
Subtotal, Disaster Payments$7,814

Commodity subsidy breakdown

Subsidy ProgramTotal Payments 1995-2020‡
Subtotal, Farming Subsidies$126,375
Total Market Facilitation Program$17,364
Market Facilitation Program - Non-specified commodity crops$17,364
Total Price Loss Coverage$82,464
Total Agricultural Risk Coverage$26,547
Agricultural Risk Coverage County Payment$26,547

Conservation subsidy breakdown

Subsidy ProgramTotal Payments 1995-2020‡
Subtotal, Conservation Programs$27,622
Conservation Reserve Program$27,622
CRP - Annual Land Rental$27,622

Disaster subsidy breakdown

Subsidy ProgramTotal Payments 1995-2020‡
Subtotal, Disaster Payments$7,814
Livestock Disaster / Emergency$7,814
Livestock Forage Disaster Program$7,814

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

 

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