Price Loss Coverage Program (PLC) in Poinsett County, Arkansas, 2021
Subsidy Recipients 1 to 20 of 829
Recipients of Price Loss Coverage Program (PLC) from farms in Poinsett County, Arkansas totaled $12,384,000 in in 2021.
| Rank | Recipient (* ownership information available) |
Location | Price Loss Coverage Program (PLC) 2021 |
|---|---|---|---|
| 1 | Simmons 1st National Bank ** | Lake Village, AR 71653 | $1,082,447 |
| 2 | Cross County Bank ** | Wynne, AR 72396 | $854,490 |
| 3 | Southern Bancorp Bank ** | Trumann, AR 72472 | $752,634 |
| 4 | Farm Credit Midsouth Pca ** | Barton, AR 72312 | $631,656 |
| 5 | Agrifund LLC ** | Amarillo, TX 79106 | $627,041 |
| 6 | First Delta Bank ** | Marked Tree, AR 72365 | $420,858 |
| 7 | First Financial Bank ** | Wynne, AR 72396 | $400,355 |
| 8 | Southern Bank ** | Sikeston, MO 63801 | $282,032 |
| 9 | Farmers & Merchants Bank ** | Stuttgart, AR 72160 | $254,441 |
| 10 | Fidelity National Bank ** | West Memphis, AR 72303 | $238,554 |
| 11 | First Community Bank ** | Batesville, AR 72501 | $212,143 |
| 12 | Farm Services Agency ** | Washington, DC 20250 | $205,529 |
| 13 | Pohlner Farms Partnership | Fisher, AR 72429 | $133,287 |
| 14 | Walls Family Partnership | Harrisburg, AR 72432 | $127,040 |
| 15 | Hyneman And Associates Inc | Jonesboro, AR 72403 | $119,945 |
| 16 | Rabo Agrifinance LLC ** | Chesterfield, MO 63017 | $115,632 |
| 17 | First National Bank ** | Paragould, AR 72451 | $111,494 |
| 18 | Schwarz Farms Partnership | Weiner, AR 72479 | $107,184 |
| 19 | Craft Farms | Weiner, AR 72479 | $105,064 |
| 20 | Paul Bingham Farms Partnership | Trumann, AR 72472 | $103,006 |
* 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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