Adobe Stock
Adobe Stock
Within the area, only one subsidy was granted, and it was given to J 6 Land and Cattle Company, Inc.. They received financial support in the amount of $3,446 for the claim of "Livestock Forage Disaster Program".
There was the same amount of subsidies than the year before, and the total value of the subsidies rose by $146.
Kimberly Amadeo of The Balance said farmer subsidies "help high-income corporations, not poor rural farmers. Most of the money goes toward large agribusinesses."
USDA data analyzed by the Cato Institute found that "farmers (on net) have derived almost 40% of their income directly from the U.S. government” in recent years.
The U.S. has provided farm subsidies since the Great Depression to assist farmers who weather price fluctuations and disasters to help maintain consistent farming across the country.
Farmer | $ Received | Reason for Subsidy | Total Received in Subsidies by Farmer ($) |
---|---|---|---|
J 6 Land and Cattle Company, Inc. | $3,446 | Livestock Forage Disaster Program | $3,446 |