Price Loss Coverage Program (PLC) in North Dakota, 2021
Subsidy Recipients 21 to 40 of 16,157
Recipients of Price Loss Coverage Program (PLC) from farms in North Dakota totaled $184,089,000 in in 2021.
| Rank | Recipient (* ownership information available) |
Location | Price Loss Coverage Program (PLC) 2021 |
|---|---|---|---|
| 21 | First Natl Bank & Trust ** | Bottineau, ND 58318 | $567,304 |
| 22 | Merchants Bank ** | Rugby, ND 58368 | $521,881 |
| 23 | Dakota West Credit Union ** | Grenora, ND 58845 | $521,333 |
| 24 | Ramsey National Bank & Trust ** | Devils Lake, ND 58301 | $471,521 |
| 25 | Dakota Heritage Bank Of North Dak ** | Hope, ND 58046 | $428,905 |
| 26 | Cornerstone Bank ** | Plaza, ND 58771 | $413,581 |
| 27 | Citizens State Bank ** | Hope, ND 58046 | $405,878 |
| 28 | Bank Of Glen Ullin ** | Glen Ullin, ND 58631 | $400,933 |
| 29 | First National Bank & Trust Co ** | Williston, ND 58802 | $380,202 |
| 30 | Commercial Bank Of Mott ** | Mott, ND 58646 | $379,247 |
| 31 | Dakota Community Bank & Trust ** | Hebron, ND 58638 | $367,613 |
| 32 | Bank Of Turtle Lake ** | Turtle Lake, ND 58575 | $312,455 |
| 33 | Dakota Western Bank | Hettinger, ND 58639 | $309,995 |
| 34 | Agrifund LLC ** | Amarillo, TX 79106 | $298,561 |
| 35 | Dakota Western Bank ** | Bowman, ND 58623 | $290,024 |
| 36 | Chs Capital LLC ** | Inver Grove Heights, MN 55077 | $288,775 |
| 37 | State Bank & Trust/kenmare ** | Kenmare, ND 58746 | $287,120 |
| 38 | Bnc National Bank ** | Linton, ND 58552 | $277,907 |
| 39 | Union State Bank ** | Hazen, ND 58545 | $277,629 |
| 40 | Citizens State Bank ** | Anton, TX 79313 | $256,135 |
* 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.”
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