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Thursday, May 9, 2024

How much in taxpayer-funded subsidies did farmer in Gloucester County receive in 2021?

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Farm in Gloucester County received $1,829 in taxpayer-funded subsidies in 2021, according to the U.S. Department of Agriculture.

Of the two subsidies provided, the largest was for Sharyl A. Stover, which received $1,247 for the claim of "Coronavirus Food Assistance Program 3 - Targeted Assistance for Specific Commodities".

The smallest subsidy provided to a Gloucester County farmer was $582 to Sharyl A. Stover.

There were three fewer subsidies than the year before, and the total value of the subsidies fell by $2,284.

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 Gloucester County Code Farmer in 2021
Farmer$ ReceivedReason for SubsidyTotal Received in Subsidies by Farmer ($)
Sharyl A. Stover$1,247Coronavirus Food Assistance Program 3 - Targeted Assistance for Specific Commodities$1,829
Sharyl A. Stover$582Price Loss Coverage Program$1,829

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