Price Loss Coverage Program (PLC) in the United States, 2019
Subsidy Recipients 1 to 20 of 285,538
Recipients of Price Loss Coverage Program (PLC) from farms in the United States totaled $1,953,000,000 in in 2019.
| Rank | Recipient (* ownership information available) |
Location | Price Loss Coverage Program (PLC) 2019 |
|---|---|---|---|
| 1 | Agrifund LLC ** | Amarillo, TX 79106 | $25,723,552 |
| 2 | Agheritage ** | Brinkley, AR 72021 | $22,303,552 |
| 3 | Farm Services Agency ** | Washington, DC 20250 | $20,038,614 |
| 4 | First South Farm Credit Aca ** | Winnsboro, LA 71295 | $18,128,862 |
| 5 | Capital Farm Credit ** | El Campo, TX 77437 | $16,899,746 |
| 6 | Farmers & Merchants Bank ** | Stuttgart, AR 72160 | $11,848,653 |
| 7 | First National Bank ** | Paragould, AR 72451 | $11,537,758 |
| 8 | Farm Credit Midsouth Pca ** | Barton, AR 72312 | $11,528,903 |
| 9 | Simmons 1st National Bank ** | Lake Village, AR 71653 | $10,916,897 |
| 10 | Prosperity Bank ** | El Campo, TX 77437 | $10,807,379 |
| 11 | Agtexas Fcs ** | Brownfield, TX 79316 | $8,876,156 |
| 12 | First State Bank ** | Louise, TX 77455 | $7,951,863 |
| 13 | First State Bank Of Blakely ** | Colquitt, GA 39837 | $7,385,105 |
| 14 | Planters Bank & Trust Company ** | Indianola, MS 38751 | $7,353,134 |
| 15 | First National Bank Of Wynne ** | Wynne, AR 72396 | $7,141,624 |
| 16 | Merchants & Planters Bank ** | Newport, AR 72112 | $6,929,987 |
| 17 | Aggeorgia Farm Credit Aca ** | Ocilla, GA 31774 | $6,857,151 |
| 18 | Relyance Bank ** | Pine Bluff, AR 71611 | $6,460,156 |
| 19 | Regions Bank ** | Grenada, MS 38901 | $6,251,732 |
| 20 | City Bank ** | Lubbock, TX 79408 | $6,187,842 |
* USDA data are not "transparent" for many payments made to recipients through most cooperatives. Recipients of payments made through most cooperatives, and the amounts, have not been made public. To see ownership information, click on the name, then click on the link that is titled Ownership Information.
** EWG has identified this recipient as a bank or lending institution that received the payment because the payment applicant had a loan requiring any subsidy payments go to the lender first. In 2019, the information provided to EWG by USDA began to include the entity that received the payment, rather than the person or entity that applied for it, which was previously provided. This move to shield subsidy recipients from disclosure enables USDA to further evade taxpayer accountability. Six percent of subsidy dollars went to banks, lending institutions, or the Farm Service Agency.”
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