Agricultural Risk Coverage (ARC) Program payments in New Mexico totaled $633,735 in 2023
In 2023, the top 10 percent of Agricultural Risk Coverage (ARC) Program payment recipients were paid 51 percent of Agricultural Risk Coverage (ARC) Program recipients.
| Pct. of Recipients | Pct. of Payments | Number of Recipients | Total Payments 2023 | Payment per Recipient |
|---|---|---|---|---|
| Top 1% | 10% | 2 | $61,534 | $30,767 |
| Top 2% | 17% | 4 | $106,129 | $26,532 |
| Top 3% | 23% | 6 | $146,227 | $24,371 |
| Top 4% | 29% | 8 | $181,882 | $22,735 |
| Top 5% | 33% | 10 | $209,642 | $20,964 |
| Top 6% | 37% | 12 | $236,294 | $19,691 |
| Top 7% | 41% | 14 | $262,096 | $18,721 |
| Top 8% | 45% | 16 | $285,932 | $17,871 |
| Top 9% | 48% | 18 | $306,715 | $17,040 |
| Top 10% | 51% | 20 | $325,245 | $16,262 |
| Top 11% | 54% | 22 | $342,696 | $15,577 |
| Top 12% | 57% | 24 | $358,947 | $14,956 |
| Top 13% | 59% | 26 | $373,591 | $14,369 |
| Top 14% | 61% | 28 | $387,543 | $13,841 |
| Top 15% | 63% | 30 | $399,941 | $13,331 |
| Top 16% | 65% | 32 | $410,705 | $12,835 |
| Top 17% | 66% | 34 | $421,158 | $12,387 |
| Top 18% | 68% | 36 | $431,236 | $11,979 |
| Top 19% | 70% | 38 | $440,871 | $11,602 |
| Top 20% | 71% | 40 | $449,957 | $11,249 |
| Remaining 80% of recips. | 29% | 163 | $183,778 | $1,127 |
Increasing crop reference prices would hurt young farmers
Do billionaires get farm subsidies?
Crop insurance pays billions in weather-related losses linked to the climate crisis
Crop insurance costs soar over time, reaching a record high in 2022
As the climate emergency heats up the Southwest, crop insurance payouts for heat surge
In the intensifying climate crisis, a hotter Southwest spurs rising heat-related crop insurance costs
