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.

 

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