Price Loss Coverage Program (PLC) in Vermilion Parish, Louisiana, 2019
Subsidy Recipients 1 to 20 of 2,248
Recipients of Price Loss Coverage Program (PLC) from farms in Vermilion Parish, Louisiana totaled $14,409,000 in in 2019.
| Rank | Recipient (* ownership information available) |
Location | Price Loss Coverage Program (PLC) 2019 |
|---|---|---|---|
| 1 | First Guaranty Bank ** | Abbeville, LA 70511 | $1,458,557 |
| 2 | Vermilion Bank & Trust Co ** | Kaplan, LA 70548 | $640,448 |
| 3 | First South Farm Credit Aca ** | Winnsboro, LA 71295 | $556,998 |
| 4 | Capital One Bank ** | Plano, TX 75024 | $422,760 |
| 5 | Agrifund LLC ** | Amarillo, TX 79106 | $395,694 |
| 6 | Pedestal Bank ** | Kaplan, LA 70548 | $328,447 |
| 7 | Farm Services Agency ** | Washington, DC 20250 | $268,165 |
| 8 | Bank Of Erath ** | Abbeville, LA 70511 | $202,742 |
| 9 | Louisiana Land Bank Aca ** | Monroe, LA 71211 | $183,726 |
| 10 | P & G Acres | Abbeville, LA 70510 | $173,506 |
| 11 | The Evangeline Bank & Trust Co ** | Ville Platte, LA 70586 | $134,420 |
| 12 | F & D Farms | Abbeville, LA 70510 | $118,913 |
| 13 | Munchrath Farms LLC | Lafayette, LA 70503 | $116,750 |
| 14 | Z & Z Farms | Gueydan, LA 70542 | $116,498 |
| 15 | Julie B Richard | Kaplan, LA 70548 | $115,732 |
| 16 | Christian J Richard | Kaplan, LA 70548 | $115,679 |
| 17 | Paradise Islands Inc | Kaplan, LA 70548 | $104,282 |
| 18 | Willis Provost Farm Inc | New Iberia, LA 70560 | $87,069 |
| 19 | Mark Todd Sagrera | Abbeville, LA 70510 | $83,741 |
| 20 | Angela P Vincent | Kaplan, LA 70548 | $81,481 |
* 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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