Rayne State Bank

 

USDA subsidy information for Rayne 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 1995-2023
Total Commodity Programs$2,779,675
Total Disaster Programs$252,199

Commodity subsidy breakdown

Subsidy ProgramTotal Payments 1995-2023
Total Commodity Programs$2,779,675
Coronavirus Food Assistance Program - Round 1$300,052
    CFAP Round 1 Payments$298,813
    CFAP Round 1 - Top up payment for cattle$1,239
Coronavirus Food Assistance Program - Round 2$117,804
    CFAP Round 2 Payments$96,315
    CFAP Round 2 - Top up payment for acreage based commodities$21,489
Market Facilitation Program (MFP)$410,152
    Market Facilitation Program Payment (MFP) - Non-specialty crops$410,152
Agricultural Risk Coverage (ARC) Program$106,478
    Agricultural Risk Coverage County Payment (ARC-CO)$106,478
Price Loss Coverage Program (PLC)$1,845,190
    Price Loss Coverage Program Payments (PLC)$1,845,190

Disaster subsidy breakdown

Subsidy ProgramTotal Payments 1995-2023
Total Disaster Programs$252,199
Wildfires and Hurricane Indemnity Program Payments$252,199
    Wildfires and Hurricane Indemnity Program Payments - Milk Loss$252,199
 

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