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Sunday, November 24, 2024

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

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Farms in Alleghany County received $2,356 in taxpayer-funded subsidies in 2021, according to the U.S. Department of Agriculture.

Of the seven subsidies provided, the largest was for William R. Thompson, which received $786 for the claim of "Coronavirus Food Assistance Program 3 - Livestock and Poultry".

The smallest subsidy provided to a Alleghany County farmer was $60 to William R. Thompson.

There was the same amount of subsidies than the year before, and the total value of the subsidies fell by $7,724.

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 Alleghany County Code Farmers in 2021
Farmer$ ReceivedReason for SubsidyTotal Received in Subsidies by Farmer ($)
William R. Thompson$786Coronavirus Food Assistance Program 3 - Livestock and Poultry$994
Glen A. Bryant$461Coronavirus Food Assistance Program 3 - Livestock and Poultry$1,138
Glen A. Bryant$387Price Loss Coverage Program$1,138
Glen A. Bryant$290Price Loss Coverage Program$1,138
Kimberley A. Wilhelm$224Price Loss Coverage Program$224
William R. Thompson$148Price Loss Coverage Program$994
William R. Thompson$60Price Loss Coverage Program$994

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