USDA subsidy information for Pinnacle 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 1995-2023 |
|---|
| Total Commodity Programs | $36,286 |
| Total Conservation Programs | $28,032 |
Commodity subsidy breakdown
| Subsidy Program | Total Payments 1995-2023 |
|---|
| Total Commodity Programs | $36,286 |
| Agricultural Risk Coverage (ARC) Program | $7,609 |
| Agricultural Risk Coverage County Payment (ARC-CO) | $1,535 |
| Agricultural Risk Coverage Individual Payment (ARC-IC) | $6,074 |
| Price Loss Coverage Program (PLC) | $28,677 |
| Price Loss Coverage Program Payments (PLC) | $28,677 |
Conservation subsidy breakdown
| Subsidy Program | Total Payments 1995-2023 |
|---|
| Total Conservation Programs | $28,032 |
| Conservation Reserve Program | $28,032 |
| CRP - Annual Land Rental | $28,032 |
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
