Showing posts with label EWG. Show all posts
Showing posts with label EWG. Show all posts

Monday, February 06, 2023

New EWG Report on Distribution of Farm Payments

 Various newspapers picked up the EWG report.

The lede for one: "The top 10% of recipients of federal farm payments raked in more than 79% of total subsidies over the last 25 years ",  

Here's the EWG report.

Elsewhere they note that the Trump administration changed the reporting of payments--I think FSA must be reporting payments to assignees, so likely using the payee data, not the payable. 

[Update: they note the change in reporting reveals which financial institutions get the most payments: " Surprisingly, the financial institution that received the most farm subsidies was the USDA. The USDA’s Farm Service Agency, or FSA, alone got almost $350 million in farm subsidies between 2019 and 2021, more than any other financial organization." Not a surprise to anyone who understands how the payments word.]]