Price Loss Coverage Program (PLC) in the United States, 2019
Subsidy Recipients 21 to 40 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 |
|---|---|---|---|
| 21 | Cross County Bank ** | Wynne, AR 72396 | $6,060,268 |
| 22 | Southern Bancorp Bank ** | Trumann, AR 72472 | $6,044,888 |
| 23 | Ameris Bank ** | Dothan, AL 36303 | $5,740,821 |
| 24 | Farm Credit Southeast Missouri ** | Poplar Bluff, MO 63901 | $5,609,891 |
| 25 | First United Bank ** | Seagraves, TX 79359 | $5,541,198 |
| 26 | Mcgehee Bank Inc | Mc Gehee, AR 71654 | $5,411,954 |
| 27 | First National Bank Of Eagle Lake ** | Eagle Lake, TX 77434 | $4,912,120 |
| 28 | Lone Star State Bank Of West Texa ** | Lubbock, TX 79424 | $4,889,543 |
| 29 | Fnb Of Eastern Arkansas ** | Forrest City, AR 72335 | $4,843,018 |
| 30 | Stockman Bank ** | Conrad, MT 59425 | $4,658,362 |
| 31 | Ag South Farm Credit Aca ** | Douglas, GA 31534 | $4,637,117 |
| 32 | Bancorp South Bank ** | Paragould, AR 72450 | $4,615,562 |
| 33 | Southwest Georgia Farm Credit ** | Bainbridge, GA 39817 | $4,501,098 |
| 34 | First National Bank Of Clarksdale ** | Clarksdale, MS 38614 | $4,367,880 |
| 35 | Farm Credit Services Of Nd ** | Dickinson, ND 58601 | $4,264,694 |
| 36 | Arkansas County Bank ** | De Witt, AR 72042 | $4,170,449 |
| 37 | The Jefferson Bank ** | Greenville, MS 38704 | $3,974,302 |
| 38 | St Martin Bank & Trust Co ** | Jennings, LA 70546 | $3,815,811 |
| 39 | Delta Bank ** | Lake Providence, LA 71254 | $3,798,748 |
| 40 | Happy State Bank ** | Dumas, TX 79029 | $3,490,354 |
* 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.”
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