Price Loss Coverage Program (PLC) in 1st District of Minnesota (Rep. Jim Hagedorn), 2020
Subsidy Recipients 1 to 20 of 4,416
Recipients of Price Loss Coverage Program (PLC) from farms in 1st District of Minnesota (Rep. Jim Hagedorn) totaled $24,711,000 in in 2020.
| Rank | Recipient (* ownership information available) |
Location | Price Loss Coverage Program (PLC) 2020 |
|---|---|---|---|
| 1 | Pioneer Bank ** | Saint James, MN 56081 | $308,981 |
| 2 | Agrifund LLC ** | Amarillo, TX 79106 | $153,730 |
| 3 | First Farmers & Merchants Bank ** | Fairmont, MN 56031 | $151,669 |
| 4 | Molitor Bros Farm | Cannon Falls, MN 55009 | $131,197 |
| 5 | Frontier Family Farms | Albert Lea, MN 56007 | $118,328 |
| 6 | Agquest Financial Services Inc ** | Renville, MN 56284 | $115,235 |
| 7 | Commerce Bank ** | Garden City, KS 67846 | $99,014 |
| 8 | Sanders Farms | Truman, MN 56088 | $88,686 |
| 9 | Richard Raimann | Wells, MN 56097 | $83,908 |
| 10 | Johnson Farms Of Wells | Wells, MN 56097 | $65,171 |
| 11 | Oehlke Farms | Grand Meadow, MN 55936 | $64,384 |
| 12 | Truesdell Family Farm Partnership | Sherburn, MN 56171 | $63,238 |
| 13 | D & B Carpenter | Elkton, MN 55933 | $58,575 |
| 14 | Maday Family Farms | Granada, MN 56039 | $57,968 |
| 15 | Compeer Financial ** | Fulda, MN 56131 | $56,626 |
| 16 | Golly Farms | Winnebago, MN 56098 | $54,212 |
| 17 | Meadow View Farms | Dexter, MN 55926 | $54,013 |
| 18 | David Voigt | Taopi, MN 55977 | $52,764 |
| 19 | Wolle Farms | Saint James, MN 56081 | $50,643 |
| 20 | Community Bank Mankato ** | Amboy, MN 56010 | $50,103 |
* 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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