Price Loss Coverage Program (PLC) in Louisiana, 2020
Subsidy Recipients 21 to 40 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 |
|---|---|---|---|
| 21 | Jd Bank ** | Eunice, LA 70535 | $1,020,594 |
| 22 | Commerce Community Bank/wccb ** | Oak Grove, LA 71263 | $1,009,576 |
| 23 | Concordia Bank & Trust Company ** | Vidalia, LA 71373 | $949,432 |
| 24 | Winnsboro State Bank ** | Winnsboro, LA 71295 | $914,496 |
| 25 | Pedestal Bank ** | Kaplan, LA 70548 | $892,206 |
| 26 | The Mer Rouge State Bank ** | Mer Rouge, LA 71261 | $856,103 |
| 27 | Tensas State Bank ** | Tallulah, LA 71284 | $742,269 |
| 28 | Farm Services Agency ** | Washington, DC 20250 | $672,470 |
| 29 | Condrey Farms | Lake Providence, LA 71254 | $623,876 |
| 30 | Familia Farm Partnership | Mer Rouge, LA 71261 | $567,718 |
| 31 | North Boeuf Farms Partnership | Mer Rouge, LA 71261 | $548,370 |
| 32 | Rayne State Bank ** | Rayne, LA 70578 | $516,791 |
| 33 | E. Eugene Hastings | Jonesville, LA 71343 | $493,910 |
| 34 | Sweetlake Farm Partners | Lake Charles, LA 70605 | $485,344 |
| 35 | Clark Farms Joint Venture | Mer Rouge, LA 71261 | $461,344 |
| 36 | Basile State Bank ** | Basile, LA 70515 | $451,260 |
| 37 | F & W Farms | Crowley, LA 70526 | $439,956 |
| 38 | First National Bank ** | Crowley, LA 70527 | $401,678 |
| 39 | Investar Bank ** | Ville Platte, LA 70586 | $390,220 |
| 40 | Schenley Farm Ptrshp | Mer Rouge, LA 71261 | $385,883 |
* 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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