Farms in Nantucket County received $8,168 in taxpayer-funded subsidies in 2021, according to the U.S. Department of Agriculture.
Of the five subsidies provided, the largest was for Kenneth L. Brasfield, which received $3,403 for the claim of “Price Loss Coverage Program”.
The smallest subsidy provided to a Nantucket County farmer was $141 to Diann W Graeber Revocable Trust-Charles W Graeber.
There were 10 fewer subsidies than the year before, and the total value of the subsidies fell by $268,236.
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 ($) |
|---|---|---|---|
| Kenneth L. Brasfield | $3,403 | Price Loss Coverage Program | $7,527 |
| Kenneth L. Brasfield | $3,023 | Coronavirus Food Assistance Program 3 – Targeted Assistance for Specific Commodities | $7,527 |
| Kenneth L. Brasfield | $1,101 | Price Loss Coverage Program | $7,527 |
| Bartletts Ocean View Farm, Inc. | $500 | Commodity Credit Corporation Organic Cost Share – Crops Program | $500 |
| Diann W Graeber Revocable Trust-Charles W Graeber | $141 | Coronavirus Food Assistance Program 3 – Targeted Assistance for Specific Commodities | $141 |
