Price Loss Coverage Program (PLC) in Matagorda County, Texas, 2020
Subsidy Recipients 1 to 20 of 241
Recipients of Price Loss Coverage Program (PLC) from farms in Matagorda County, Texas totaled $9,421,000 in in 2020.
| Rank | Recipient (* ownership information available) |
Location | Price Loss Coverage Program (PLC) 2020 |
|---|---|---|---|
| 1 | First State Bank ** | Louise, TX 77455 | $1,193,917 |
| 2 | Capital Farm Credit ** | El Campo, TX 77437 | $1,073,332 |
| 3 | Prosperity Bank ** | El Campo, TX 77437 | $694,747 |
| 4 | Agrifund LLC ** | Amarillo, TX 79106 | $350,225 |
| 5 | Ledwig Partners | Blessing, TX 77419 | $313,756 |
| 6 | New First National Bank ** | Victoria, TX 77904 | $300,191 |
| 7 | First Financial Bank ** | Abilene, TX 79601 | $259,862 |
| 8 | Gulf Coast Ag | Bay City, TX 77404 | $205,875 |
| 9 | Hess Farms Ptsp | Brooks, MN 56715 | $199,258 |
| 10 | Maj Farms Partnership | Bay City, TX 77414 | $137,983 |
| 11 | Smith & Sons | Bishop, TX 78343 | $128,426 |
| 12 | Paul Sliva Farms | Van Vleck, TX 77482 | $125,780 |
| 13 | Robert & Tammy Binkley Dba Sunset Farms | Bay City, TX 77414 | $116,340 |
| 14 | David & Linda Popek Farms | Bay City, TX 77414 | $110,572 |
| 15 | Richard Alan Beyer | Markham, TX 77456 | $106,012 |
| 16 | Virginia Catherine Beyer | Palacios, TX 77465 | $106,008 |
| 17 | Luke Ledwig | Blessing, TX 77419 | $97,047 |
| 18 | Carey D Orsak | Bay City, TX 77414 | $88,577 |
| 19 | Brittany Orsak | Bay City, TX 77414 | $88,577 |
| 20 | Cooperative Finance Association ** | El Campo, TX 77437 | $88,143 |
* 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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