Price Loss Coverage Program (PLC) in Louisiana, 2020
Subsidy Recipients 1 to 20 of 8,603
Recipients of Price Loss Coverage Program (PLC) from farms in Louisiana totaled $143,579,000 in in 2020.
| Rank | Recipient (* ownership information available) |
Location | Price Loss Coverage Program (PLC) 2020 |
|---|---|---|---|
| 1 | First South Farm Credit Aca ** | Winnsboro, LA 71295 | $10,212,038 |
| 2 | Delta Bank ** | Lake Providence, LA 71254 | $5,402,859 |
| 3 | Cross Keys Bank ** | Rayville, LA 71269 | $3,949,906 |
| 4 | Commercial Capital Bank ** | Delhi, LA 71232 | $3,366,453 |
| 5 | Agrifund LLC ** | Amarillo, TX 79106 | $3,076,278 |
| 6 | The Evangeline Bank & Trust Co ** | Ville Platte, LA 70586 | $2,640,225 |
| 7 | Franklin State Bank ** | Winnsboro, LA 71295 | $2,500,545 |
| 8 | Catahoula-lasalle Bank ** | Jonesville, LA 71343 | $2,248,897 |
| 9 | St Martin Bank & Trust Co ** | Jennings, LA 70546 | $2,146,713 |
| 10 | Caldwell Bank And Trust Co | Columbia, LA 71418 | $2,060,126 |
| 11 | First South Farm Credit Aca | Opelousas, LA 70571 | $1,942,858 |
| 12 | The Bank ** | Jennings, LA 70546 | $1,863,291 |
| 13 | Washington State Bank ** | Opelousas, LA 70570 | $1,362,815 |
| 14 | First Guaranty Bank ** | Abbeville, LA 70511 | $1,332,684 |
| 15 | Business First Bank ** | Houma, LA 70360 | $1,322,042 |
| 16 | Citizens Progressive Bank ** | Columbia, LA 71418 | $1,175,585 |
| 17 | Capital One Bank ** | Plano, TX 75024 | $1,120,353 |
| 18 | Louisiana Land Bank Aca ** | Monroe, LA 71211 | $1,074,807 |
| 19 | Cottonport Bank ** | Mansura, LA 71350 | $1,068,311 |
| 20 | Regions Bank ** | Grenada, MS 38901 | $1,032,790 |
* 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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