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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, 2008:

Rank Program
(click for top recipients, payment concentration and regional rankings)
Number of Recipients
2008
Subsidy Total
2008
1 Conservation Reserve Program
 1,650   $18,633,706
2 Env. Quality Incentive Program
 1,084   $18,284,907
3 Wheat Subsidies**
 2,015   $9,806,474
4 Disaster Payments
 2,833   $9,786,418
5 Cotton Subsidies**
 1,221   $8,610,596
6 Sorghum Subsidies**
 1,827   $5,111,130
7 Corn Subsidies**
 907   $4,224,663
8 Livestock Subsidies
 2,038   $3,137,118
9 Peanut Subsidies
 160   $2,323,281
10 Barley Subsidies**
 465   $198,231