Price Loss Coverage Program (PLC) in Matagorda County, Texas, 2019

Subsidy Recipients 1 to 20 of 398

Recipients of Price Loss Coverage Program (PLC) from farms in Matagorda County, Texas totaled $14,847,000 in in 2019.

Rank Recipient
(* ownership information available)
Location Price Loss Coverage Program (PLC)
1First State Bank **Louise, TX 77455$1,720,175
2Capital Farm Credit **El Campo, TX 77437$1,276,634
3Prosperity Bank **El Campo, TX 77437$1,119,437
4Triangle Cattle Co Rice FarmsBay City, TX 77414$557,064
5New First National Bank **Victoria, TX 77904$426,568
6Hess Farms PtspBrooks, MN 56715$394,379
7Ledwig PartnersBlessing, TX 77419$360,084
8Gulf Coast AgBay City, TX 77404$233,500
9Agrifund LLC **Amarillo, TX 79106$218,484
10Maj Farms PartnershipBay City, TX 77414$211,555
11Franzen FarmsCollegeport, TX 77428$206,551
12Vista Bank Of Texas **Ralls, TX 79357$199,478
13David & Linda Popek FarmsBay City, TX 77414$172,784
14Farm Services Agency **Washington, DC 20250$154,023
15Jenkins & JenkinsPalacios, TX 77465$141,896
16Robert & Tammy Binkley Dba Sunset FarmsBay City, TX 77414$136,524
17Smith & SonsBishop, TX 78343$118,761
18Cooperative Finance Association **El Campo, TX 77437$118,124
19E Cross Cattle Company IncWadsworth, TX 77483$117,250
20Pda Farms LtdBay City, TX 77404$114,605

* 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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