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2 Rothschild farmers received agricultural subsidies in 2021
Of the five subsidies provided, the largest was for True Lor, which received $49,380 for the claim of Wildfires and Hurricanes Indemnity Program - Plus 3 Assistance Program.
The smallest subsidy provided to a Rothschild farmer was $21 to James E. Koch Jr..
There were nine less subsidies in 2021 than the year before, when there were 14.
The total value of the subsidies fell by $47,616 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 |
|---|---|---|
| True Lor | $49,380 | Wildfires and Hurricanes Indemnity Program - Plus 3 Assistance Program |
| James E. Koch Jr. | $17,407 | Dairy Margin Coverage Program |
| James E. Koch Jr. | $2,244 | Coronavirus Food Assistance Program 3 - Targeted Assistance for Specific Commodities |
| James E. Koch Jr. | $588 | Coronavirus Food Assistance Program 3 - Livestock and Poultry |
| James E. Koch Jr. | $21 | Agricultural Risk Coverage Program - County |
| Total subsidies | $69,640 | - |