Price Loss Coverage Program (PLC) in Vermilion Parish, Louisiana, 2020
Subsidy Recipients 1 to 20 of 1,692
Recipients of Price Loss Coverage Program (PLC) from farms in Vermilion Parish, Louisiana totaled $8,638,000 in in 2020.
| Rank | Recipient (* ownership information available) |
Location | Price Loss Coverage Program (PLC) 2020 |
|---|---|---|---|
| 1 | First Guaranty Bank ** | Abbeville, LA 70511 | $841,079 |
| 2 | First South Farm Credit Aca ** | Winnsboro, LA 71295 | $441,667 |
| 3 | Agrifund LLC ** | Amarillo, TX 79106 | $430,266 |
| 4 | Vermilion Bank & Trust Co ** | Kaplan, LA 70548 | $204,059 |
| 5 | Capital One Bank ** | Plano, TX 75024 | $175,068 |
| 6 | Vermilion Bank & Trust Co | Gueydan, LA 70542 | $156,156 |
| 7 | The Evangeline Bank & Trust Co ** | Ville Platte, LA 70586 | $143,245 |
| 8 | Washington State Bank ** | Opelousas, LA 70570 | $141,278 |
| 9 | Louisiana Land Bank Aca ** | Monroe, LA 71211 | $123,356 |
| 10 | P & G Acres | Abbeville, LA 70510 | $110,990 |
| 11 | Christian J Richard | Kaplan, LA 70548 | $103,439 |
| 12 | Pedestal Bank ** | Kaplan, LA 70548 | $103,053 |
| 13 | Julie B Richard | Kaplan, LA 70548 | $101,760 |
| 14 | Red River Bank ** | Lake Charles, LA 70605 | $93,384 |
| 15 | Bank Of Erath ** | Abbeville, LA 70511 | $93,248 |
| 16 | F & D Farms | Abbeville, LA 70510 | $76,651 |
| 17 | Z & Z Farms | Gueydan, LA 70542 | $73,341 |
| 18 | Dimension Ranch LLC | Carencro, LA 70520 | $71,164 |
| 19 | 3h Rice & Cattle | Gueydan, LA 70542 | $62,663 |
| 20 | Paradise Islands Inc | Kaplan, LA 70548 | $61,116 |
* 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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