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Of the four subsidies provided, the largest was for Roland E. Gray, which received $1,222 for the claim of "Coronavirus Food Assistance Program 3 - Livestock and Poultry".
The smallest subsidy provided to a Floyd County farmer was $54 to Middle Creek National Battlefield Foundation.
There were seven fewer subsidies than the year before, and the total value of the subsidies fell by $11,014.
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 ($) |
---|---|---|---|
Roland E. Gray | $1,222 | Coronavirus Food Assistance Program 3 - Livestock and Poultry | $1,222 |
Phillip Goble | $506 | Coronavirus Food Assistance Program 3 - Livestock and Poultry | $506 |
Robert Clay Guess | $232 | Coronavirus Food Assistance Program 3 - Livestock and Poultry | $232 |
Middle Creek National Battlefield Foundation | $54 | Conservation Reserve Program Payment - Annual Rental | $54 |