Price Loss Coverage Program (PLC) in Minnesota, 2020
Subsidy Recipients 21 to 40 of 24,545
Recipients of Price Loss Coverage Program (PLC) from farms in Minnesota totaled $160,408,000 in in 2020.
| Rank | Recipient (* ownership information available) |
Location | Price Loss Coverage Program (PLC) 2020 |
|---|---|---|---|
| 21 | M & M Farms | Crookston, MN 56716 | $200,585 |
| 22 | Pederson Brothers Partnership | Bejou, MN 56516 | $196,951 |
| 23 | Waage Farms | Greenbush, MN 56726 | $194,480 |
| 24 | Jeff Stamer Farms Partnership | Hector, MN 55342 | $173,755 |
| 25 | Minnwest Bank ** | Marshall, MN 56258 | $172,861 |
| 26 | Wald Farms | East Grand Forks, MN 56721 | $166,951 |
| 27 | Bauer Farms | Erskine, MN 56535 | $162,582 |
| 28 | Integrity Bank Plus ** | Tyler, MN 56178 | $160,997 |
| 29 | Jensen Farms Prtshp | Stephen, MN 56757 | $156,303 |
| 30 | First Community Credit Union ** | Jamestown, ND 58402 | $154,062 |
| 31 | United Valley Bank ** | Hallock, MN 56728 | $152,444 |
| 32 | Sparby Brothers | Grygla, MN 56727 | $151,648 |
| 33 | Damon & Ashley Stroble Partnership | Angus, MN 56762 | $150,907 |
| 34 | A & R Rivard Prtshp | Argyle, MN 56713 | $142,937 |
| 35 | Nathan & Michael Olsonawski | Hallock, MN 56728 | $142,888 |
| 36 | Granite Falls Bank ** | Marshall, MN 56258 | $139,264 |
| 37 | Compeer Financial ** | Fulda, MN 56131 | $137,187 |
| 38 | Prosser Kuznia Gp | Greenbush, MN 56726 | $136,750 |
| 39 | Four K Farms Ptshp | Morris, MN 56267 | $135,041 |
| 40 | Tollefson Farms | Beltrami, MN 56517 | $134,533 |
* 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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