2 Ludden farmers received agricultural subsidies in 2021
Of the five subsidies provided, the largest was for Dylan Stephen Stearns, which received $18,100 for the claim of Livestock Forage Disaster Program.
The smallest subsidy provided to a Ludden farmer was $90 to Dylan Stephen Stearns.
There were two less subsidies in 2021 than the year before, when there were seven.
The total value of the subsidies fell by $200,994 from the previous year.
Overall, two farmers received financial aid in the city.
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 |
|---|---|---|
| Dylan Stephen Stearns | $18,100 | Livestock Forage Disaster Program |
| Dylan Stephen Stearns | $16,476 | Coronavirus Food Assistance Program 3 - Livestock and Poultry |
| Holmes Sisters, LLP | $1,887 | Conservation Reserve Program Payment - Annual Rental |
| Dylan Stephen Stearns | $1,490 | Coronavirus Food Assistance Program 3 - Targeted Assistance for Specific Commodities |
| Dylan Stephen Stearns | $90 | Price Loss Coverage Program |
| Total subsidies | $38,043 | - |