Price Loss Coverage Program (PLC) in Vermilion Parish, Louisiana, 2021
Subsidy Recipients 1 to 20 of 1,783
Recipients of Price Loss Coverage Program (PLC) from farms in Vermilion Parish, Louisiana totaled $6,708,000 in in 2021.
| Rank | Recipient (* ownership information available) |
Location | Price Loss Coverage Program (PLC) 2021 |
|---|---|---|---|
| 1 | First Guaranty Bank ** | Abbeville, LA 70511 | $639,022 |
| 2 | First South Farm Credit Aca ** | Winnsboro, LA 71295 | $417,612 |
| 3 | Bank Of Erath ** | Abbeville, LA 70511 | $386,168 |
| 4 | Agrifund LLC ** | Amarillo, TX 79106 | $312,926 |
| 5 | Vermilion Bank & Trust Co ** | Kaplan, LA 70548 | $215,086 |
| 6 | Richard Farms | Kaplan, LA 70548 | $189,628 |
| 7 | Business First Bank ** | Houma, LA 70360 | $172,632 |
| 8 | The Evangeline Bank & Trust Co ** | Ville Platte, LA 70586 | $148,259 |
| 9 | Louisiana Land Bank Aca ** | Monroe, LA 71211 | $103,086 |
| 10 | Vermilion Bank & Trust Co | Gueydan, LA 70542 | $100,694 |
| 11 | Farm Services Agency ** | Washington, DC 20250 | $99,333 |
| 12 | P & G Acres | Abbeville, LA 70510 | $76,681 |
| 13 | Munchrath Farms LLC | Lafayette, LA 70503 | $69,689 |
| 14 | Gr Il Property Holding LLC | Stratham, NH 03885 | $57,153 |
| 15 | F & D Farms | Abbeville, LA 70510 | $55,490 |
| 16 | Red River Bank ** | Lake Charles, LA 70605 | $55,376 |
| 17 | Z & Z Farms | Gueydan, LA 70542 | $54,421 |
| 18 | Advanced Agriculture Inc | Lafayette, LA 70598 | $53,186 |
| 19 | E. Eugene Hastings | Jonesville, LA 71343 | $46,348 |
| 20 | William Romero | Kaplan, LA 70548 | $45,940 |
* 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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