Price Loss Coverage Program (PLC) in New Madrid County, Missouri, 2020
Subsidy Recipients 1 to 20 of 899
Recipients of Price Loss Coverage Program (PLC) from farms in New Madrid County, Missouri totaled $16,358,000 in in 2020.
| Rank | Recipient (* ownership information available) |
Location | Price Loss Coverage Program (PLC) 2020 |
|---|---|---|---|
| 1 | Southern Bank ** | Sikeston, MO 63801 | $1,078,432 |
| 2 | Alliance Bank ** | Sikeston, MO 63801 | $824,141 |
| 3 | Focus Bank ** | Charleston, MO 63834 | $413,750 |
| 4 | Farm Credit Southeast Missouri ** | Poplar Bluff, MO 63901 | $372,721 |
| 5 | First Missouri Bank Of Semo ** | Kennett, MO 63857 | $353,046 |
| 6 | Hoggard Farms | Portageville, MO 63873 | $300,014 |
| 7 | First State Bank And Trust Branch ** | Caruthersville, MO 63830 | $250,762 |
| 8 | Pearson Farms | Matthews, MO 63867 | $235,249 |
| 9 | J & M Priggel Farms | Portageville, MO 63873 | $232,560 |
| 10 | Joe Woolverton Farms | Gideon, MO 63848 | $231,064 |
| 11 | Bank Of Missouri ** | Charleston, MO 63834 | $219,925 |
| 12 | Barry L Richardson Jr Farms | Marston, MO 63866 | $205,887 |
| 13 | Brown Brothers Farms | Gideon, MO 63848 | $199,221 |
| 14 | Ricky Parker Farms | Sikeston, MO 63801 | $198,692 |
| 15 | Hayes Farm | Marston, MO 63866 | $185,351 |
| 16 | Parker Brothers Farm | Sikeston, MO 63801 | $182,189 |
| 17 | Rick Branch Farms | Gideon, MO 63848 | $178,805 |
| 18 | Jason E Cope Farms | New Madrid, MO 63869 | $167,256 |
| 19 | L & G Farms | Sikeston, MO 63801 | $163,049 |
| 20 | Farm Services Agency ** | Washington, DC 20250 | $157,849 |
* 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.”
Next >>
Federal crop insurance reform vital for incentivizing climate adaptation on farms
Farm Subsidies Ballooned Under Trump
Is Federal Crop Insurance Policy Leading to Another Dust Bowl?
Double Dipping:
The "Farm Crisis" Myth
Crying Wolf