Total Agricultural Risk Coverage payments in Michigan totaled $522 million from 1995-2020‡.
From 1995 to 2020, the top 10 percent of Total Agricultural Risk Coverage payment recipients were paid 58 percent of Total Agricultural Risk Coverage recipients.
Pct. of Recipients | Pct. of Payments | Number of Recipients | Total Payments 1995-2020‡ | Payment per Recipient |
---|---|---|---|---|
Top 1% | 15% | 186 | $76,679,047 | $412,253 |
Top 2% | 23% | 372 | $121,186,021 | $325,769 |
Top 3% | 30% | 558 | $156,773,261 | $280,956 |
Top 4% | 36% | 744 | $186,084,663 | $250,114 |
Top 5% | 40% | 930 | $211,246,231 | $227,146 |
Top 6% | 45% | 1,116 | $233,460,650 | $209,194 |
Top 7% | 49% | 1,302 | $253,443,949 | $194,657 |
Top 8% | 52% | 1,488 | $271,400,070 | $182,393 |
Top 9% | 55% | 1,674 | $287,702,796 | $171,865 |
Top 10% | 58% | 1,860 | $302,607,029 | $162,692 |
Top 11% | 61% | 2,046 | $316,284,617 | $154,587 |
Top 12% | 63% | 2,232 | $328,883,991 | $147,349 |
Top 13% | 65% | 2,419 | $340,637,388 | $140,817 |
Top 14% | 67% | 2,605 | $351,517,900 | $134,940 |
Top 15% | 69% | 2,791 | $361,711,400 | $129,599 |
Top 16% | 71% | 2,977 | $371,220,218 | $124,696 |
Top 17% | 73% | 3,163 | $380,124,870 | $120,179 |
Top 18% | 74% | 3,349 | $388,478,026 | $115,998 |
Top 19% | 76% | 3,535 | $396,254,941 | $112,095 |
Top 20% | 77% | 3,721 | $403,592,004 | $108,463 |
Remaining 80% of recips. | 23% | 14,887 | $118,874,314 | $7,985 |
‡ Data for 2020 includes payments made by USDA through June 30, 2020 and does not include crop insurance premium subsidies.