Price Loss Coverage Program (PLC) in Louisiana, 2021
Subsidy Recipients 1 to 20 of 8,351
Recipients of Price Loss Coverage Program (PLC) from farms in Louisiana totaled $82,630,000 in in 2021.
| Rank | Recipient (* ownership information available) |
Location | Price Loss Coverage Program (PLC) 2021 |
|---|---|---|---|
| 1 | First South Farm Credit Aca ** | Winnsboro, LA 71295 | $6,061,754 |
| 2 | Delta Bank ** | Lake Providence, LA 71254 | $2,996,759 |
| 3 | The Bank ** | Jennings, LA 70546 | $2,528,995 |
| 4 | The Evangeline Bank & Trust Co ** | Ville Platte, LA 70586 | $2,178,093 |
| 5 | Commercial Capital Bank ** | Delhi, LA 71232 | $1,814,136 |
| 6 | Agrifund LLC ** | Amarillo, TX 79106 | $1,552,063 |
| 7 | Cross Keys Bank ** | Rayville, LA 71269 | $1,484,011 |
| 8 | First South Farm Credit Aca | Opelousas, LA 70571 | $1,316,438 |
| 9 | Caldwell Bank And Trust Co | Columbia, LA 71418 | $1,220,481 |
| 10 | Business First Bank ** | Houma, LA 70360 | $1,071,752 |
| 11 | Franklin State Bank ** | Winnsboro, LA 71295 | $1,061,563 |
| 12 | First Guaranty Bank ** | Abbeville, LA 70511 | $983,176 |
| 13 | Catahoula-lasalle Bank ** | Jonesville, LA 71343 | $919,195 |
| 14 | Louisiana Land Bank Aca ** | Monroe, LA 71211 | $910,456 |
| 15 | St Martin Bank & Trust Co ** | Jennings, LA 70546 | $904,302 |
| 16 | Washington State Bank ** | Opelousas, LA 70570 | $786,181 |
| 17 | Cottonport Bank ** | Mansura, LA 71350 | $756,897 |
| 18 | Jd Bank ** | Eunice, LA 70535 | $676,066 |
| 19 | Red River Bank ** | Lake Charles, LA 70605 | $612,485 |
| 20 | Commerce Community Bank/wccb ** | Oak Grove, LA 71263 | $610,492 |
* 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.”
Next >>
Federal crop insurance reform vital for incentivizing climate adaptation on farms
Farm Subsidies Ballooned Under Trump
Is Federal Crop Insurance Policy Leading to Another Dust Bowl?
Double Dipping:
The "Farm Crisis" Myth
Crying Wolf