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Of the nine subsidies provided, the largest was for F/V Ocean Blue, Inc., which received $151,478 for the claim of "Seafood Trade Relief Program".
The smallest subsidy provided to a Cape May County farmer was $920 to Germanio Brothers Farms, LLC.
There were 22 fewer subsidies than the year before, and the total value of the subsidies fell by $1,043,403.
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 | Total Received in Subsidies by Farmer ($) |
|---|---|---|---|
| F/V Ocean Blue, Inc. | $151,478 | Seafood Trade Relief Program | $151,478 |
| Atlantic Capes Fisheries Salt Oyster Company, LLC | $131,162 | Coronavirus Food Assistance Program - Continuation of the Commodity Credit Corporation Charter Act | $131,162 |
| Atlantic Shellfish, Inc. | $25,890 | Seafood Trade Relief Program | $25,890 |
| John & Nicholas, Inc. | $16,351 | Seafood Trade Relief Program | $16,351 |
| Ocean Pride, Inc. | $15,004 | Seafood Trade Relief Program | $15,004 |
| Ocean Gold, Inc. | $8,593 | Seafood Trade Relief Program | $8,593 |
| South Bay Shellfish Company | $6,861 | Coronavirus Food Assistance Program - Continuation of the Commodity Credit Corporation Charter Act | $6,861 |
| Giacamo Pittaluga | $2,401 | Conservation Reserve Program Payment - Annual Rental | $2,401 |
| Germanio Brothers Farms, LLC | $920 | Coronavirus Food Assistance Program 3 - Targeted Assistance for Specific Commodities | $920 |
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