Price Loss Coverage Program (PLC) in Matagorda County, Texas, 2021
Subsidy Recipients 1 to 20 of 207
Recipients of Price Loss Coverage Program (PLC) from farms in Matagorda County, Texas totaled $5,737,000 in in 2021.
| Rank | Recipient (* ownership information available) |
Location | Price Loss Coverage Program (PLC) 2021 |
|---|---|---|---|
| 1 | Prosperity Bank ** | El Campo, TX 77437 | $642,488 |
| 2 | Capital Farm Credit ** | El Campo, TX 77437 | $614,982 |
| 3 | First State Bank ** | Louise, TX 77455 | $614,870 |
| 4 | Franzen Farms | Collegeport, TX 77428 | $191,776 |
| 5 | Ledwig Partners | Blessing, TX 77419 | $179,388 |
| 6 | Vista Bank Of Texas ** | Ralls, TX 79357 | $139,339 |
| 7 | Hess Farms Ptsp | Brooks, MN 56715 | $125,398 |
| 8 | First Financial Bank ** | Abilene, TX 79601 | $119,621 |
| 9 | Gulf Coast Ag | Bay City, TX 77404 | $117,812 |
| 10 | Franz Agriculture | Bay City, TX 77414 | $112,770 |
| 11 | H Rugeley Ferguson Jr | San Antonio, TX 78217 | $90,815 |
| 12 | Hansen Farm | Palacios, TX 77465 | $77,077 |
| 13 | T & J Agriculture Joint Venture | Midfield, TX 77458 | $75,500 |
| 14 | David & Linda Popek Farms | Bay City, TX 77414 | $73,430 |
| 15 | Maj Farms Partnership | Bay City, TX 77414 | $67,730 |
| 16 | Luke Ledwig | Blessing, TX 77419 | $65,632 |
| 17 | Robert & Tammy Binkley Dba Sunset Farms | Bay City, TX 77414 | $59,646 |
| 18 | Mason D Ledwig | Elmaton, TX 77440 | $59,599 |
| 19 | B & D Hoffpauir Farms Joint Venture | Bay City, TX 77414 | $58,594 |
| 20 | Zernicek Farms | Bay City, TX 77414 | $56,462 |
* 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.”
Next >>
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