Price Loss Coverage Program (PLC) in Arkansas, 2020
Subsidy Recipients 1 to 20 of 12,970
Recipients of Price Loss Coverage Program (PLC) from farms in Arkansas totaled $306,978,000 in in 2020.
| Rank | Recipient (* ownership information available) |
Location | Price Loss Coverage Program (PLC) 2020 |
|---|---|---|---|
| 1 | Agheritage ** | Brinkley, AR 72021 | $18,783,915 |
| 2 | Simmons 1st National Bank ** | Lake Village, AR 71653 | $8,752,384 |
| 3 | Farm Credit Midsouth Pca ** | Barton, AR 72312 | $8,229,589 |
| 4 | Agrifund LLC ** | Amarillo, TX 79106 | $8,149,240 |
| 5 | First National Bank ** | Paragould, AR 72451 | $8,068,451 |
| 6 | Farmers & Merchants Bank ** | Stuttgart, AR 72160 | $6,463,765 |
| 7 | Merchants & Planters Bank ** | Newport, AR 72112 | $5,784,688 |
| 8 | First National Bank Of Wynne ** | Wynne, AR 72396 | $5,539,958 |
| 9 | Fnb Of Eastern Arkansas ** | Forrest City, AR 72335 | $5,189,322 |
| 10 | Relyance Bank ** | Pine Bluff, AR 71611 | $5,066,755 |
| 11 | Cross County Bank ** | Wynne, AR 72396 | $4,739,061 |
| 12 | Southern Bancorp Bank ** | Trumann, AR 72472 | $4,680,900 |
| 13 | Farmers Bank & Trust ** | Blytheville, AR 72315 | $3,855,078 |
| 14 | Helena National Bank ** | Helena, AR 72342 | $3,501,827 |
| 15 | Mcgehee Bank Inc | Mc Gehee, AR 71654 | $3,435,418 |
| 16 | Bancorp South Bank ** | Paragould, AR 72450 | $3,137,850 |
| 17 | Arkansas County Bank ** | De Witt, AR 72042 | $3,111,604 |
| 18 | Farm Services Agency ** | Washington, DC 20250 | $2,821,958 |
| 19 | Delta Production Credit Assn ** | Dermott, AR 71638 | $2,573,603 |
| 20 | Bank Of Lake Village | Lake Village, AR 71653 | $2,563,968 |
* 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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