Loan Deficiency Payments in Minnesota totaled $2.3 billion from 1995-2020‡.
From 1995 to 2020, the top 10 percent of Loan Deficiency Payments payment recipients were paid 49 percent of Loan Deficiency Payments recipients.
Pct. of Recipients | Pct. of Payments | Number of Recipients | Total Payments 1995-2020‡ | Payment per Recipient |
---|---|---|---|---|
Top 1% | 12% | 622 | $268,156,435 | $431,120 |
Top 2% | 18% | 1,244 | $419,870,198 | $337,516 |
Top 3% | 23% | 1,866 | $545,819,940 | $292,508 |
Top 4% | 28% | 2,488 | $655,718,943 | $263,553 |
Top 5% | 32% | 3,111 | $754,573,306 | $242,550 |
Top 6% | 36% | 3,733 | $844,141,232 | $226,129 |
Top 7% | 40% | 4,355 | $926,152,176 | $212,664 |
Top 8% | 43% | 4,977 | $1,002,070,666 | $201,340 |
Top 9% | 46% | 5,599 | $1,072,710,850 | $191,590 |
Top 10% | 49% | 6,222 | $1,138,380,759 | $182,961 |
Top 11% | 52% | 6,844 | $1,199,601,574 | $175,278 |
Top 12% | 54% | 7,466 | $1,257,043,789 | $168,369 |
Top 13% | 56% | 8,088 | $1,311,124,723 | $162,107 |
Top 14% | 59% | 8,710 | $1,361,970,445 | $156,369 |
Top 15% | 61% | 9,333 | $1,409,996,610 | $151,076 |
Top 16% | 63% | 9,955 | $1,455,325,853 | $146,190 |
Top 17% | 64% | 10,577 | $1,498,245,198 | $141,651 |
Top 18% | 66% | 11,199 | $1,538,961,128 | $137,420 |
Top 19% | 68% | 11,821 | $1,577,562,709 | $133,454 |
Top 20% | 69% | 12,444 | $1,614,365,891 | $129,730 |
Remaining 80% of recips. | 31% | 49,776 | $710,044,490 | $14,265 |
‡ Data for 2020 includes payments made by USDA through June 30, 2020 and does not include crop insurance premium subsidies.