Total Agricultural Risk Coverage in Minnesota, 2019‡
Subsidy Recipients 1 to 20 of 18,931
Recipients of Total Agricultural Risk Coverage from farms in Minnesota totaled $53,563,000 in in 2019‡.
| Rank | Recipient (* ownership information available) |
Location | Total Agricultural Risk Coverage 2019 |
|---|---|---|---|
| 1 | Pioneer Bank ** | Saint James, MN 56081 | $1,396,010 |
| 2 | First Farmers & Merchant Bank ** | Fairmont, MN 56031 | $503,642 |
| 3 | Sanders Farms * | Truman, MN 56088 | $322,656 |
| 4 | Truesdell Family Farm Partnership * | Sherburn, MN 56171 | $284,237 |
| 5 | Agquest Financial Services Inc ** | Lakeville, MN 55044 | $259,658 |
| 6 | Commodity Credit Corporation ** | Langdon, ND 58249 | $246,418 |
| 7 | Agcountry Farm Credit Services ** | Valley City, ND 58072 | $219,173 |
| 8 | Waage Farms * | Greenbush, MN 56726 | $184,628 |
| 9 | Wolle Farms * | Saint James, MN 56081 | $180,874 |
| 10 | First Bank Blue Earth ** | Blue Earth, MN 56013 | $176,763 |
| 11 | American Federal Bank ** | Fosston, MN 56542 | $152,665 |
| 12 | Sjs Farms * | Sherburn, MN 56171 | $146,166 |
| 13 | Golly Farms * | Winnebago, MN 56098 | $139,509 |
| 14 | Cory & Layne Ebeling Partnership * | Trimont, MN 56176 | $133,914 |
| 15 | Ufer Farms Partnership * | Truman, MN 56088 | $127,156 |
| 16 | Maday Family Farms * | Granada, MN 56039 | $125,283 |
| 17 | Compeer Financial, Pca ** | Mankato, MN 56001 | $121,220 |
| 18 | Stone Lake Farm Inc * | Trimont, MN 56176 | $117,625 |
| 19 | Bentdale Farms Inc * | Truman, MN 56088 | $116,765 |
| 20 | Bottem Farms Inc * | Saint James, MN 56081 | $116,750 |
* 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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‡ Data for 2020 includes payments made by USDA through June 30, 2020 and does not include crop insurance premium subsidies.
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