Price Loss Coverage Program (PLC) in Iowa, 2020
Subsidy Recipients 1 to 20 of 54,566
Recipients of Price Loss Coverage Program (PLC) from farms in Iowa totaled $234,238,000 in in 2020.
| Rank | Recipient (* ownership information available) |
Location | Price Loss Coverage Program (PLC) 2020 |
|---|---|---|---|
| 1 | Farm Services Agency ** | Washington, DC 20250 | $1,194,301 |
| 2 | Agrifund LLC ** | Amarillo, TX 79106 | $1,034,406 |
| 3 | United Bank Of Iowa ** | Carroll, IA 51401 | $290,544 |
| 4 | Farmop Capital, LLC ** | St Paul, MN 55101 | $256,598 |
| 5 | Iowa Family Farms | Batavia, IA 52533 | $245,566 |
| 6 | Degroote Grain Farms Gp | Parkersburg, IA 50665 | $185,160 |
| 7 | Doug Studer Farms | Britt, IA 50423 | $174,646 |
| 8 | I-80 Farms | Colfax, IA 50054 | $164,455 |
| 9 | Empire Land & Cattle II | Dunlap, IA 51529 | $158,656 |
| 10 | Dejay Farms | Ruthven, IA 51358 | $151,478 |
| 11 | Pinicon Farm | Mc Intire, IA 50455 | $130,888 |
| 12 | Cooperative Credit Company ** | Sioux Center, IA 51250 | $127,793 |
| 13 | A J M Farms | Duncombe, IA 50532 | $126,507 |
| 14 | Weiland Farms | Garner, IA 50438 | $125,097 |
| 15 | Saratoga Partnership | Riceville, IA 50466 | $119,119 |
| 16 | Merlyn J Hegland | Ellsworth, IA 50075 | $117,624 |
| 17 | Mbs Family Farms | Plainfield, IA 50666 | $109,207 |
| 18 | Vierkandt Farms | Alden, IA 50006 | $108,132 |
| 19 | Summit Farms LLC | Alden, IA 50006 | $105,807 |
| 20 | Dandyland Farms | Garner, IA 50438 | $103,479 |
* 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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