Price Loss Coverage Program (PLC) in the United States, 2021
Subsidy Recipients 21 to 40 of 397,979
Recipients of Price Loss Coverage Program (PLC) from farms in the United States totaled $2,109,000,000 in in 2021.
| Rank | Recipient (* ownership information available) |
Location | Price Loss Coverage Program (PLC) 2021 |
|---|---|---|---|
| 21 | Farm Credit Midsouth Pca ** | Barton, AR 72312 | $5,195,624 |
| 22 | Planters Bank & Trust Company ** | Indianola, MS 38751 | $4,914,434 |
| 23 | Northwest Farm Credit Service ** | Great Falls, MT 59405 | $4,845,930 |
| 24 | Farmers & Merchants Bank ** | Stuttgart, AR 72160 | $4,753,853 |
| 25 | Aimbank ** | Plains, TX 79355 | $4,606,861 |
| 26 | Merchants & Planters Bank ** | Newport, AR 72112 | $4,394,820 |
| 27 | Choice Financial Group ** | Langdon, ND 58249 | $3,856,629 |
| 28 | Sundown State Bank ** | Levelland, TX 79336 | $3,789,280 |
| 29 | Peoples Bank ** | Lorenzo, TX 79343 | $3,788,348 |
| 30 | Fnb Of Eastern Arkansas ** | Forrest City, AR 72335 | $3,781,127 |
| 31 | Farm Credit Southeast Missouri ** | Poplar Bluff, MO 63901 | $3,743,433 |
| 32 | Southern Bancorp Bank ** | Trumann, AR 72472 | $3,648,108 |
| 33 | First National Bank Of Clarksdale ** | Clarksdale, MS 38614 | $3,637,834 |
| 34 | Guaranty Bank & Trust Co ** | Belzoni, MS 39038 | $3,600,897 |
| 35 | Cross County Bank ** | Wynne, AR 72396 | $3,570,485 |
| 36 | Regions Bank ** | Grenada, MS 38901 | $3,528,480 |
| 37 | Ag South Farm Credit Aca ** | Douglas, GA 31534 | $3,519,858 |
| 38 | First State Bank ** | Louise, TX 77455 | $3,485,565 |
| 39 | Southern Bank ** | Sikeston, MO 63801 | $3,357,474 |
| 40 | South Georgia Banking Company ** | Ashburn, GA 31714 | $3,281,803 |
* 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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