Price Loss Coverage Program (PLC) in 3rd District of Louisiana (Rep. Clay Higgins), 2021
Subsidy Recipients 1 to 20 of 1,911
Recipients of Price Loss Coverage Program (PLC) from farms in 3rd District of Louisiana (Rep. Clay Higgins) totaled $8,252,000 in in 2021.
| Rank | Recipient (* ownership information available) |
Location | Price Loss Coverage Program (PLC) 2021 |
|---|---|---|---|
| 1 | First Guaranty Bank ** | Abbeville, LA 70511 | $639,022 |
| 2 | The Bank ** | Jennings, LA 70546 | $479,450 |
| 3 | First South Farm Credit Aca ** | Winnsboro, LA 71295 | $417,612 |
| 4 | Bank Of Erath ** | Abbeville, LA 70511 | $386,168 |
| 5 | Agrifund LLC ** | Amarillo, TX 79106 | $354,736 |
| 6 | Vermilion Bank & Trust Co ** | Kaplan, LA 70548 | $296,150 |
| 7 | Sweetlake Farm Partners | Lake Charles, LA 70605 | $289,959 |
| 8 | Richard Farms | Kaplan, LA 70548 | $189,628 |
| 9 | Business First Bank ** | Houma, LA 70360 | $172,632 |
| 10 | The Evangeline Bank & Trust Co ** | Ville Platte, LA 70586 | $148,259 |
| 11 | Farm Services Agency ** | Washington, DC 20250 | $140,891 |
| 12 | Louisiana Land Bank Aca ** | Monroe, LA 71211 | $103,086 |
| 13 | Vermilion Bank & Trust Co | Gueydan, LA 70542 | $100,694 |
| 14 | Red River Bank ** | Lake Charles, LA 70605 | $81,010 |
| 15 | P & G Acres | Abbeville, LA 70510 | $76,681 |
| 16 | Munchrath Farms LLC | Lafayette, LA 70503 | $69,689 |
| 17 | Rayne State Bank ** | Rayne, LA 70578 | $64,686 |
| 18 | Gr Il Property Holding LLC | Stratham, NH 03885 | $57,153 |
| 19 | F & D Farms | Abbeville, LA 70510 | $55,490 |
| 20 | Z & Z Farms | Gueydan, LA 70542 | $54,421 |
* 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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