Price Loss Coverage Program (PLC) in Minnesota, 2021
Subsidy Recipients 1 to 20 of 11,452
Recipients of Price Loss Coverage Program (PLC) from farms in Minnesota totaled $33,127,000 in in 2021.
| Rank | Recipient (* ownership information available) |
Location | Price Loss Coverage Program (PLC) 2021 |
|---|---|---|---|
| 1 | Agcountry Farm Credit Services ** | Jamestown, ND 58402 | $1,990,639 |
| 2 | American Federal Bank ** | Fosston, MN 56542 | $865,591 |
| 3 | Chs Capital LLC ** | Inver Grove Heights, MN 55077 | $327,315 |
| 4 | Choice Financial Group ** | Langdon, ND 58249 | $319,337 |
| 5 | Farm Services Agency ** | Washington, DC 20250 | $313,988 |
| 6 | Bell Bank ** | Fargo, ND 58103 | $213,212 |
| 7 | Kodabank ** | Drayton, ND 58225 | $202,291 |
| 8 | Field Brothers Farms Gp | Stephen, MN 56757 | $178,587 |
| 9 | Ultima Bank ** | Bemidji, MN 56601 | $131,424 |
| 10 | Magnusson Farms | Roseau, MN 56751 | $130,966 |
| 11 | Bremer Bank ** | Devils Lake, ND 58301 | $127,034 |
| 12 | Christianson Ag | Blomkest, MN 56216 | $124,826 |
| 13 | Waage Farms | Greenbush, MN 56726 | $103,137 |
| 14 | Stoltman Farms | Argyle, MN 56713 | $102,375 |
| 15 | Wald Farms | East Grand Forks, MN 56721 | $98,656 |
| 16 | M & M Farms | Crookston, MN 56716 | $94,220 |
| 17 | Hapka Farms Inc | Excelsior, MN 55331 | $92,773 |
| 18 | Bauer Farms | Erskine, MN 56535 | $89,552 |
| 19 | First Community Credit Union ** | Jamestown, ND 58402 | $83,731 |
| 20 | Lindegard Farms | Hallock, MN 56728 | $83,161 |
* 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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