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New Mexico Summary Information

Crop Insurance is becoming more important to farmers than Direct Payments
2004
2005
2006
2007
2008
2009
2010
2011
2012
  • $1.47 billion in subsidies 1995-2012.
  • $577 million in commodity subsidies.
  • $149 million in crop insurance subsidies.
  • $458 million in conservation subsidies.
  • $290 million in disaster subsidies.
  • New Mexico ranking: 35 of 50 States
  • 84 percent of farms in New Mexico did not collect subsidy payments - according to USDA.
  • Ten percent collected 74 percent of all subsidies.
  • Amounting to $976 million over 18 years.
  • Top 10%: $26,575 average per year between 1995 and 2012.
  • Bottom 80%: $511 average per year between 1995 and 2012.

Top programs in New Mexico, 2003:

Rank Program
(click for top recipients, payment concentration and regional rankings)
Number of Recipients
2003
Subsidy Total
2003
1 Disaster Payments
 3,913   $26,802,414
2 Conservation Reserve Program
 1,783   $19,108,890
3 Cotton Subsidies**
 1,312   $15,722,687
4 Wheat Subsidies**
 2,515   $8,771,852
5 Livestock Subsidies
 2,183   $6,204,536
6 Env. Quality Incentive Program
 543   $5,642,408
7 Peanut Subsidies
 284   $5,437,620
8 Corn Subsidies**
 1,117   $5,259,780
9 Sorghum Subsidies**
 2,265   $5,218,766
10 Dairy Program Subsidies
 133   $3,009,805