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3 Alexandria Bay farmers received agricultural subsidies in 2021
Of the four subsidies provided, the largest was for Swan Hollow Farm, which received $45,007 for the claim of Dairy Margin Coverage Program.
The smallest subsidy provided to an Alexandria Bay farmer was $1,082 to Swan Hollow Farm.
There were seven less subsidies in 2021 than the year before, when there were 11.
The total value of the subsidies fell by $10,703 from the previous year.
Overall, three 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 |
---|---|---|
Swan Hollow Farm | $45,007 | Dairy Margin Coverage Program |
Joseph B. Burrows Jr. | $5,424 | Conservation Reserve Program Payment - Annual Rental |
Little Creek Farms EMG | $2,005 | Coronavirus Food Assistance Program 3 - Livestock and Poultry |
Swan Hollow Farm | $1,082 | Coronavirus Food Assistance Program 3 - Targeted Assistance for Specific Commodities |
Total subsidies | $53,518 | - |