Price Loss Coverage Program (PLC) in New Mexico, 2019
Subsidy Recipients 1 to 20 of 1,769
Recipients of Price Loss Coverage Program (PLC) from farms in New Mexico totaled $14,391,000 in in 2019.
| Rank | Recipient (* ownership information available) |
Location | Price Loss Coverage Program (PLC) 2019 |
|---|---|---|---|
| 1 | Gary & Karen Jackson Farms | Hobbs, NM 88241 | $312,965 |
| 2 | Citizens Bank | Tucumcari, NM 88401 | $302,207 |
| 3 | Lone Star State Bank Of West Texa ** | Lubbock, TX 79424 | $240,621 |
| 4 | Lakema LLC | Portales, NM 88130 | $234,689 |
| 5 | First United Bank ** | Seagraves, TX 79359 | $216,395 |
| 6 | Palla Terra | Clovis, NM 88101 | $206,998 |
| 7 | Agrifund LLC ** | Amarillo, TX 79106 | $206,512 |
| 8 | Farm Services Agency ** | Washington, DC 20250 | $164,600 |
| 9 | Wall Farms Inc | Rogers, NM 88132 | $159,937 |
| 10 | Aimbank ** | Plains, TX 79355 | $153,235 |
| 11 | Capital Farm Credit ** | El Campo, TX 77437 | $126,226 |
| 12 | Shannon Kizer | Pep, NM 88126 | $119,445 |
| 13 | Bogle Ltd Co | Dexter, NM 88230 | $117,251 |
| 14 | H & S Partnership | Rogers, NM 88132 | $115,431 |
| 15 | Breshears Enterprise | Portales, NM 88130 | $102,117 |
| 16 | Security State Bank ** | Farwell, TX 79325 | $93,563 |
| 17 | Nathan Thomas Hilburn | Denver City, TX 79355 | $85,831 |
| 18 | Southern Draw Dairy | Clovis, NM 88101 | $85,560 |
| 19 | Woods Farms Inc | Broadview, NM 88112 | $83,605 |
| 20 | William Kizer | Portales, NM 88130 | $81,878 |
* 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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