Price Loss Coverage Program (PLC) in Texas, 2019
Subsidy Recipients 1 to 20 of 43,056
Recipients of Price Loss Coverage Program (PLC) from farms in Texas totaled $364,459,000 in in 2019.
| Rank | Recipient (* ownership information available) |
Location | Price Loss Coverage Program (PLC) 2019 |
|---|---|---|---|
| 1 | Capital Farm Credit ** | El Campo, TX 77437 | $16,773,520 |
| 2 | Prosperity Bank ** | El Campo, TX 77437 | $10,807,379 |
| 3 | Agtexas Fcs ** | Brownfield, TX 79316 | $8,876,037 |
| 4 | First State Bank ** | Louise, TX 77455 | $7,951,863 |
| 5 | City Bank ** | Lubbock, TX 79408 | $6,185,544 |
| 6 | Agrifund LLC ** | Amarillo, TX 79106 | $5,389,604 |
| 7 | First United Bank ** | Seagraves, TX 79359 | $5,317,911 |
| 8 | First National Bank Of Eagle Lake ** | Eagle Lake, TX 77434 | $4,912,120 |
| 9 | Lone Star State Bank Of West Texa ** | Lubbock, TX 79424 | $4,648,922 |
| 10 | Farm Services Agency ** | Washington, DC 20250 | $4,123,669 |
| 11 | Happy State Bank ** | Dumas, TX 79029 | $3,483,979 |
| 12 | New First National Bank ** | Victoria, TX 77904 | $3,421,902 |
| 13 | Sundown State Bank ** | Levelland, TX 79336 | $3,025,938 |
| 14 | Aimbank ** | Plains, TX 79355 | $3,009,514 |
| 15 | West Texas National Bank ** | Seminole, TX 79360 | $2,710,441 |
| 16 | Wellington State Bank ** | Wellington, TX 79095 | $2,473,604 |
| 17 | Peoples Bank ** | Lorenzo, TX 79343 | $2,136,576 |
| 18 | Vista Bank Of Texas ** | Ralls, TX 79357 | $1,691,147 |
| 19 | First National Bank Of Hereford ** | Hereford, TX 79045 | $1,286,537 |
| 20 | Citizens State Bank Sealy ** | Sealy, TX 77474 | $1,235,656 |
* 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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