Price Loss Coverage Program (PLC) in Louisiana, 2019
Subsidy Recipients 21 to 40 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 |
|---|---|---|---|
| 21 | Rayne State Bank ** | Rayne, LA 70578 | $960,330 |
| 22 | Concordia Bank & Trust Company ** | Vidalia, LA 71373 | $870,592 |
| 23 | Basile State Bank ** | Basile, LA 70515 | $859,033 |
| 24 | First National Bank ** | Crowley, LA 70527 | $822,355 |
| 25 | Citizens Progressive Bank ** | Columbia, LA 71418 | $821,310 |
| 26 | Schenley Farm Ptrshp | Mer Rouge, LA 71261 | $789,792 |
| 27 | Hancock Whitney ** | Jennings, LA 70546 | $772,121 |
| 28 | Vermilion Bank & Trust Co ** | Kaplan, LA 70548 | $741,964 |
| 29 | Sweetlake Farm Partners | Lake Charles, LA 70605 | $738,743 |
| 30 | Cottonport Bank ** | Mansura, LA 71350 | $636,711 |
| 31 | Familia Farm Partnership | Mer Rouge, LA 71261 | $592,771 |
| 32 | The Mer Rouge State Bank ** | Mer Rouge, LA 71261 | $589,633 |
| 33 | Citizens Bank Of Ville Platte ** | Ville Platte, LA 70586 | $588,798 |
| 34 | F & W Farms | Crowley, LA 70526 | $527,577 |
| 35 | Ash More Farm Partnership | Mer Rouge, LA 71261 | $511,035 |
| 36 | Franklin State Bank ** | Winnsboro, LA 71295 | $506,754 |
| 37 | Bank Of Commerce ** | Crowley, LA 70527 | $495,473 |
| 38 | Farm & Livestock Credit LLC ** | Newellton, LA 71357 | $478,261 |
| 39 | Fisher Creek LLC | Mer Rouge, LA 71261 | $467,068 |
| 40 | Four Oaks Farms | Morganza, LA 70759 | $459,484 |
* 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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