Price Loss Coverage Program (PLC) in Torrance County, New Mexico, 2022
Subsidy Recipients 1 to 6 of 6
Recipients of Price Loss Coverage Program (PLC) from farms in Torrance County, New Mexico totaled $69,475 in in 2022.
| Rank | Recipient (* ownership information available) |
Location | Price Loss Coverage Program (PLC) 2022 |
|---|---|---|---|
| 1 | Gordon Land And Cattle | Estancia, NM 87016 | $39,980 |
| 2 | Pine Canyon Ranch | Moriarty, NM 87035 | $21,934 |
| 3 | Lonnie H Vaughn | Edgewood, NM 87015 | $3,411 |
| 4 | Dba Spindle Land And Cattle | Moriarty, NM 87035 | $2,164 |
| 5 | Andy Otis | Estancia, NM 87016 | $1,232 |
| 6 | Rita Austin | Estancia, NM 87016 | $754 |
* 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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