Livestock Indemnity Program (LIP) in 3rd District of Iowa (Rep. Cynthia Axne), 2023
Subsidy Recipients 1 to 20 of 29
Recipients of Livestock Indemnity Program (LIP) from farms in 3rd District of Iowa (Rep. Cynthia Axne) totaled $706,000 in in 2023.
| Rank | Recipient (* ownership information available) |
Location | Livestock Indemnity Program (LIP) 2023 |
|---|---|---|---|
| 1 | Drake Cattle LLC | Nodaway, IA 50857 | $317,742 |
| 2 | Scot Alan Trost | Lenox, IA 50851 | $56,073 |
| 3 | Michael Bagby | Corning, IA 50841 | $53,402 |
| 4 | Justin Otto Petersen | Corning, IA 50841 | $46,955 |
| 5 | Ide Farms Inc | Shannon City, IA 50861 | $33,567 |
| 6 | R V Cattle Co | Treynor, IA 51575 | $24,412 |
| 7 | Rietkull Inc | Red Oak, IA 51566 | $24,412 |
| 8 | Gary D Stoaks | Lenox, IA 50851 | $22,887 |
| 9 | Rockin' R Farms Inc | Lucerne, MO 64655 | $15,258 |
| 10 | Jackie Lee Spencer | Bedford, IA 50833 | $13,732 |
| 11 | Christopher Joel Knox | Clearfield, IA 50840 | $10,680 |
| 12 | Jordan Russell Reed | Lenox, IA 50851 | $10,680 |
| 13 | , | $9,859 | |
| 14 | John P Walker | Red Oak, IA 51566 | $7,275 |
| 15 | Randal D Sleep | Bedford, IA 50833 | $7,136 |
| 16 | Kurt Alan Stoaks | Lenox, IA 50851 | $7,019 |
| 17 | Rodney Eugene Belding | Sharpsburg, IA 50862 | $6,860 |
| 18 | Steven J Baudler Revocable Trust | Fontanelle, IA 50846 | $5,187 |
| 19 | Chris Hogan | Lenox, IA 50851 | $5,187 |
| 20 | Todd Anthony Weber | Blockton, IA 50836 | $4,577 |
* 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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