Price Loss Coverage Program

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USDA Program Code: 2837 · Ranked #3 of 157 programs

Commodity

⚡ Quick Facts

Total Amount

$14.19B

Total Payments

5,390,462

States Served

20

Program Rank

#3 of 157

💡 Key Insight

This program accounts for 9.6% of all farm subsidies, averaging $3K per payment. Peak year: 2020 ($4.97B). Top state: Texas ($2.34B).

Spending by Year

Top States

#StateAmount
1Texas$2.34B
2Arkansas$1.44B
3Georgia$1.02B
4Kansas$1.02B
5North Dakota$996.0M
6Montana$688.0M
7Missouri$574.2M
8Louisiana$544.9M
9Oklahoma$528.1M
10Mississippi$502.9M
11Nebraska$412.0M
12Colorado$325.9M
13Alabama$321.7M
14Idaho$310.8M
15South Dakota$275.0M
16Illinois$271.4M
17North Carolina$266.1M
18Washington$237.4M
19California$230.5M
20Tennessee$150.4M

Related Programs

📊 Why This Data Matters

Price Loss Coverage Program is ranked #3 out of 157 USDA farm subsidy programs, accounting for 9.6% of all farm subsidy spending from 2017 to 2025. With 5,390,462 individual payments totaling $14.19B, the average payment was $3K. Annual spending ranged from $1.95B to $4.97B.

As a commodity support program, this provides the backbone of traditional farm subsidies — stabilizing income for producers of major crops like corn, soybeans, wheat, rice, and cotton. These programs are authorized through the Farm Bill and represent the most politically entrenched category of farm spending.

All data comes from USDA Farm Service Agency payment files (2017–2025). Compare with all 157 programs, explore spending trends, or see programs by category.