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Sunday, May 19, 2024

How much did farmers in Belknap County receive in taxpayer-funded subsidies in 2021?

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Farms in Belknap County received $67,954 in taxpayer-funded subsidies in 2021, according to the U.S. Department of Agriculture.

Of the 11 subsidies provided, the largest was for Bruce Holmes, which received $34,959 for the claim of "Coronavirus Food Assistance Program - Continuation of the Commodity Credit Corporation Charter Act".

The smallest subsidy provided to a Belknap County farmer was $245 to Barbra J. Carroll.

There were 12 fewer subsidies than the year before, and the total value of the subsidies fell by $84,685.

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.

Subsidies Received by Belknap County Code Farmers in 2021
Farmer$ ReceivedReason for SubsidyTotal Received in Subsidies by Farmer ($)
Bruce Holmes$34,959Coronavirus Food Assistance Program - Continuation of the Commodity Credit Corporation Charter Act$34,959
Howard & Lillian Colon 1991 Rev Trust$13,793Conservation Reserve Program Payment - Annual Rental$13,793
Meredith Farm Growers, LLC$8,753Web-Based NAP $8,753
Berniece K. Sullivan$5,236Conservation Reserve Program Payment - Annual Rental$5,236
HT Farm, LLC$1,880Coronavirus Food Assistance Program 3 - Livestock and Poultry$1,880
Martha Huckins - Martha a Huckins Revocable Trust$1,048Coronavirus Food Assistance Program - Continuation of the Commodity Credit Corporation Charter Act$1,048
Stephen Surowiec$1,008Coronavirus Food Assistance Program 3 - Livestock and Poultry$1,008
Rodney Martinez$362Coronavirus Food Assistance Program - Continuation of the Commodity Credit Corporation Charter Act$362
Barbra J. Carroll$343Price Loss Coverage Program$915
Barbra J. Carroll$327Coronavirus Food Assistance Program 3 - Targeted Assistance for Specific Commodities$915
Barbra J. Carroll$245Coronavirus Food Assistance Program - Continuation of the Commodity Credit Corporation Charter Act$915

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