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)
1Capital Farm Credit **El Campo, TX 77437$16,773,520
2Prosperity Bank **El Campo, TX 77437$10,807,379
3Agtexas Fcs **Brownfield, TX 79316$8,876,037
4First State Bank **Louise, TX 77455$7,951,863
5City Bank **Lubbock, TX 79408$6,185,544
6Agrifund LLC **Amarillo, TX 79106$5,389,604
7First United Bank **Seagraves, TX 79359$5,317,911
8First National Bank Of Eagle Lake **Eagle Lake, TX 77434$4,912,120
9Lone Star State Bank Of West Texa **Lubbock, TX 79424$4,648,922
10Farm Services Agency **Washington, DC 20250$4,123,669
11Happy State Bank **Dumas, TX 79029$3,483,979
12New First National Bank **Victoria, TX 77904$3,421,902
13Sundown State Bank **Levelland, TX 79336$3,025,938
14Aimbank **Plains, TX 79355$3,009,514
15West Texas National Bank **Seminole, TX 79360$2,710,441
16Wellington State Bank **Wellington, TX 79095$2,473,604
17Peoples Bank **Lorenzo, TX 79343$2,136,576
18Vista Bank Of Texas **Ralls, TX 79357$1,691,147
19First National Bank Of Hereford **Hereford, TX 79045$1,286,537
20Citizens 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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