Price Loss Coverage Program (PLC) in Louisiana, 2019
Subsidy Recipients 1 to 20 of 9,640
Recipients of Price Loss Coverage Program (PLC) from farms in Louisiana totaled $133,300,000 in in 2019.
| Rank | Recipient (* ownership information available) |
Location | Price Loss Coverage Program (PLC) 2019 |
|---|---|---|---|
| 1 | First South Farm Credit Aca ** | Winnsboro, LA 71295 | $9,890,196 |
| 2 | St Martin Bank & Trust Co ** | Jennings, LA 70546 | $3,815,811 |
| 3 | Delta Bank ** | Lake Providence, LA 71254 | $3,593,231 |
| 4 | First South Farm Credit Aca | Opelousas, LA 70571 | $3,388,757 |
| 5 | The Evangeline Bank & Trust Co ** | Ville Platte, LA 70586 | $3,319,857 |
| 6 | Capital One Bank ** | Plano, TX 75024 | $2,852,658 |
| 7 | First Guaranty Bank ** | Abbeville, LA 70511 | $2,248,611 |
| 8 | Commercial Capital Bank ** | Delhi, LA 71232 | $1,788,920 |
| 9 | Agrifund LLC ** | Amarillo, TX 79106 | $1,732,585 |
| 10 | Cross Keys Bank ** | Rayville, LA 71269 | $1,723,028 |
| 11 | Jd Bank ** | Eunice, LA 70535 | $1,717,079 |
| 12 | Pedestal Bank ** | Kaplan, LA 70548 | $1,627,705 |
| 13 | Farm Services Agency ** | Washington, DC 20250 | $1,613,576 |
| 14 | Caldwell Bank And Trust Co | Columbia, LA 71418 | $1,547,966 |
| 15 | Business First Bank ** | Houma, LA 70360 | $1,516,961 |
| 16 | Louisiana Land Bank Aca ** | Monroe, LA 71211 | $1,463,645 |
| 17 | The Bank ** | Jennings, LA 70546 | $1,448,845 |
| 18 | Catahoula-lasalle Bank ** | Jonesville, LA 71343 | $1,164,216 |
| 19 | Commerce Community Bank/wccb ** | Oak Grove, LA 71263 | $1,131,052 |
| 20 | Washington State Bank ** | Opelousas, LA 70570 | $1,085,615 |
* 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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