Price Loss Coverage Program (PLC) in New Mexico, 2021
Subsidy Recipients 1 to 20 of 1,406
Recipients of Price Loss Coverage Program (PLC) from farms in New Mexico totaled $9,250,000 in in 2021.
| Rank | Recipient (* ownership information available) |
Location | Price Loss Coverage Program (PLC) 2021 |
|---|---|---|---|
| 1 | Gary & Karen Jackson Farms | Hobbs, NM 88241 | $291,974 |
| 2 | Lone Star State Bank Of West Texa ** | Lubbock, TX 79424 | $286,300 |
| 3 | Agrifund LLC ** | Amarillo, TX 79106 | $174,393 |
| 4 | David N Bergen & Maria Martens Jv | Seminole, TX 79360 | $173,138 |
| 5 | H & S Partnership | Rogers, NM 88132 | $128,068 |
| 6 | Bogle Ltd Co | Dexter, NM 88230 | $125,000 |
| 7 | Lawrence Enterprises Limited Partnership Llp | Hobbs, NM 88242 | $107,626 |
| 8 | Aimbank ** | Plains, TX 79355 | $105,590 |
| 9 | Nathan Thomas Hilburn | Denver City, TX 79355 | $100,198 |
| 10 | Palla Terra | Clovis, NM 88101 | $99,631 |
| 11 | Wall Farms Inc | Rogers, NM 88132 | $97,190 |
| 12 | John T Wright | Vernon, TX 76384 | $89,218 |
| 13 | Breshears Enterprise | Portales, NM 88130 | $88,973 |
| 14 | Matthew R Hilburn | Denver City, TX 79323 | $87,925 |
| 15 | Pleasure Lake Farms, Inc. | Texico, NM 88135 | $82,400 |
| 16 | Milton D Bennett | Elida, NM 88116 | $75,565 |
| 17 | Shannon Kizer | Pep, NM 88126 | $75,265 |
| 18 | Bonestroo & Sons Dairies LLC | Portales, NM 88130 | $73,144 |
| 19 | David C Sanders & Carolyn S Sanders Revocable Trus | Portales, NM 88130 | $72,591 |
| 20 | Z-7 Farms Inc | Portales, NM 88130 | $71,847 |
* 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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