Price Loss Coverage Program (PLC) payments in Virginia totaled $19.1 million in 2021
In 2021, the top 10 percent of Price Loss Coverage Program (PLC) payment recipients were paid 81 percent of Price Loss Coverage Program (PLC) recipients.
| Pct. of Recipients | Pct. of Payments | Number of Recipients | Total Payments 2021 | Payment per Recipient |
|---|---|---|---|---|
| Top 1% | 25% | 30 | $4,825,750 | $160,858 |
| Top 2% | 38% | 61 | $7,230,621 | $118,535 |
| Top 3% | 47% | 91 | $9,087,637 | $99,864 |
| Top 4% | 56% | 122 | $10,681,452 | $87,553 |
| Top 5% | 63% | 152 | $11,987,000 | $78,862 |
| Top 6% | 68% | 183 | $13,055,622 | $71,342 |
| Top 7% | 73% | 214 | $13,920,472 | $65,049 |
| Top 8% | 76% | 244 | $14,569,923 | $59,713 |
| Top 9% | 79% | 275 | $15,125,612 | $55,002 |
| Top 10% | 81% | 305 | $15,584,155 | $51,096 |
| Top 11% | 84% | 336 | $15,992,769 | $47,598 |
| Top 12% | 85% | 366 | $16,333,620 | $44,627 |
| Top 13% | 87% | 397 | $16,623,671 | $41,873 |
| Top 14% | 88% | 428 | $16,872,769 | $39,422 |
| Top 15% | 89% | 458 | $17,078,928 | $37,290 |
| Top 16% | 90% | 489 | $17,266,010 | $35,309 |
| Top 17% | 91% | 519 | $17,423,003 | $33,570 |
| Top 18% | 92% | 550 | $17,569,190 | $31,944 |
| Top 19% | 92% | 581 | $17,699,424 | $30,464 |
| Top 20% | 93% | 611 | $17,810,305 | $29,149 |
| Remaining 80% of recips. | 7% | 2,447 | $1,336,274 | $546 |
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