Price Loss Coverage Program (PLC) in Mississippi, 2020
Subsidy Recipients 1 to 20 of 5,954
Recipients of Price Loss Coverage Program (PLC) from farms in Mississippi totaled $169,586,000 in in 2020.
| Rank | Recipient (* ownership information available) |
Location | Price Loss Coverage Program (PLC) 2020 |
|---|---|---|---|
| 1 | First South Farm Credit Aca ** | Winnsboro, LA 71295 | $10,061,597 |
| 2 | Planters Bank & Trust Company ** | Indianola, MS 38751 | $8,667,509 |
| 3 | First National Bank Of Clarksdale ** | Clarksdale, MS 38614 | $6,131,256 |
| 4 | Guaranty Bank & Trust Co ** | Belzoni, MS 39038 | $5,167,915 |
| 5 | Regions Bank ** | Grenada, MS 38901 | $4,438,184 |
| 6 | Bank Of Commerce ** | Greenwood, MS 38935 | $4,260,829 |
| 7 | Agrifund LLC ** | Amarillo, TX 79106 | $4,132,651 |
| 8 | The Jefferson Bank ** | Greenville, MS 38704 | $4,126,470 |
| 9 | Bankplus ** | Yazoo City, MS 39194 | $3,954,420 |
| 10 | Bank Of Anguilla ** | Anguilla, MS 38721 | $3,922,528 |
| 11 | First Security Bank ** | Batesville, MS 38606 | $2,724,810 |
| 12 | State Bank & Trust Company ** | Greenwood, MS 38935 | $2,514,072 |
| 13 | Southern Agricultural Credit Corp ** | Rolling Fork, MS 39159 | $2,439,328 |
| 14 | Citizens Bank & Trust Co ** | Marks, MS 38646 | $2,306,727 |
| 15 | Southern Bancorp Bank ** | Trumann, AR 72472 | $1,812,913 |
| 16 | Bankplus | Belzoni, MS 39038 | $1,231,069 |
| 17 | Pinnacle Agriculture Distribution Inc | Cleveland, MS 38732 | $1,167,511 |
| 18 | Staple Cotton Discount Corp | Greenwood, MS 38935 | $1,154,961 |
| 19 | Bank Of Yazoo City ** | Yazoo City, MS 39194 | $1,117,031 |
| 20 | Community Bank North Mississippi ** | Amory, MS 38821 | $790,804 |
* 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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