Return to All Hamel, IL News
Organizations in this Story
Village of Hamel
111 Old US Route 66, Hamel, IL 62046
Local Government

9 Hamel farmers received agricultural subsidies in 2021

Published 02/27/24

Farms in Hamel received $26,125 in taxpayer-funded subsidies in 2021, according to the U.S. Department of Agriculture.

Of the 14 subsidies provided, the largest was for Sievers Leasing Company, which received $21,046 for the claim of Coronavirus Food Assistance Program 3 - Targeted Assistance for Specific Commodities.

The smallest subsidy provided to a Hamel farmer was $20 to Ron Long.

There were 16 less subsidies in 2021 than the year before, when there were 30.

The total value of the subsidies fell by $67,675 from the previous year.

Overall, nine 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.

Subsidies Received by Hamel Farmers in 2021
Farmer$ ReceivedReason for Subsidy
Sievers Leasing Company$21,046Coronavirus Food Assistance Program 3 - Targeted Assistance for Specific Commodities
Sievers Properties II, LLC$2,269Coronavirus Food Assistance Program 3 - Targeted Assistance for Specific Commodities
Wilbur & Lucille Meyer Living Trust$736Coronavirus Food Assistance Program 3 - Targeted Assistance for Specific Commodities
Sievers Leasing Company$544Price Loss Coverage Program
Leroy Renken$413Coronavirus Food Assistance Program 3 - Targeted Assistance for Specific Commodities
William S. Meyer$238Coronavirus Food Assistance Program 3 - Targeted Assistance for Specific Commodities
Residuary Trust Estate Under Will of Walter E Sievers$202Coronavirus Food Assistance Program 3 - Targeted Assistance for Specific Commodities
Wilbur & Lucille Meyer Living Trust$184Price Loss Coverage Program
Sievers Properties II, LLC$182Price Loss Coverage Program
William S. Meyer$101Price Loss Coverage Program
Leroy Renken$100Price Loss Coverage Program
WM Reckman-Trust 200$65Conservation Reserve Program Payment - Annual Rental
John D. Poletti$25Price Loss Coverage Program
Ron Long$20Coronavirus Food Assistance Program 3 - Targeted Assistance for Specific Commodities
Total subsidies$26,125-

Trending