Price Loss Coverage Program (PLC) payments in South Dakota totaled $113 million in 2020
In 2020, the top 10 percent of Price Loss Coverage Program (PLC) payment recipients were paid 56 percent of Price Loss Coverage Program (PLC) recipients.
| Pct. of Recipients | Pct. of Payments | Number of Recipients | Total Payments 2020 | Payment per Recipient |
|---|---|---|---|---|
| Top 1% | 17% | 152 | $19,641,183 | $129,218 |
| Top 2% | 25% | 304 | $28,845,084 | $94,885 |
| Top 3% | 32% | 457 | $35,803,057 | $78,344 |
| Top 4% | 37% | 609 | $41,473,673 | $68,101 |
| Top 5% | 41% | 762 | $46,368,040 | $60,850 |
| Top 6% | 45% | 914 | $50,607,596 | $55,369 |
| Top 7% | 48% | 1,067 | $54,401,898 | $50,986 |
| Top 8% | 51% | 1,219 | $57,784,001 | $47,403 |
| Top 9% | 54% | 1,371 | $60,869,985 | $44,398 |
| Top 10% | 56% | 1,524 | $63,727,851 | $41,816 |
| Top 11% | 59% | 1,676 | $66,348,504 | $39,587 |
| Top 12% | 61% | 1,829 | $68,808,274 | $37,621 |
| Top 13% | 63% | 1,981 | $71,080,048 | $35,881 |
| Top 14% | 65% | 2,134 | $73,227,909 | $34,315 |
| Top 15% | 66% | 2,286 | $75,235,557 | $32,911 |
| Top 16% | 68% | 2,439 | $77,137,802 | $31,627 |
| Top 17% | 70% | 2,591 | $78,917,413 | $30,458 |
| Top 18% | 71% | 2,743 | $80,600,980 | $29,384 |
| Top 19% | 73% | 2,896 | $82,202,666 | $28,385 |
| Top 20% | 74% | 3,048 | $83,707,505 | $27,463 |
| Remaining 80% of recips. | 26% | 12,196 | $29,473,768 | $2,417 |
Federal crop insurance reform vital for incentivizing climate adaptation on farms
Farm Subsidies Ballooned Under Trump
Is Federal Crop Insurance Policy Leading to Another Dust Bowl?
Double Dipping:
The "Farm Crisis" Myth
Crying Wolf