Corn Subsidies in New Mexico totaled $152 million from 1995-2020‡.
From 1995 to 2020, the top 10 percent of corn subsidy recipients were paid 75 percent of corn subsidies.
Pct. of Recipients | Pct. of Payments | Number of Recipients | Total Payments 1995-2020‡ | Payment per Recipient |
---|---|---|---|---|
Top 1% | 30% | 29 | $39,894,485 | $1,375,672 |
Top 2% | 40% | 59 | $52,910,961 | $896,796 |
Top 3% | 47% | 89 | $62,814,997 | $705,786 |
Top 4% | 53% | 119 | $70,668,095 | $593,850 |
Top 5% | 58% | 148 | $77,178,855 | $521,479 |
Top 6% | 62% | 178 | $82,909,845 | $465,786 |
Top 7% | 66% | 208 | $87,784,514 | $422,041 |
Top 8% | 69% | 238 | $92,036,904 | $386,710 |
Top 9% | 72% | 267 | $95,693,088 | $358,401 |
Top 10% | 75% | 297 | $99,085,219 | $333,620 |
Top 11% | 77% | 327 | $102,103,993 | $312,245 |
Top 12% | 79% | 357 | $104,715,937 | $293,322 |
Top 13% | 81% | 386 | $106,983,492 | $277,159 |
Top 14% | 82% | 416 | $109,082,898 | $262,219 |
Top 15% | 84% | 446 | $110,996,670 | $248,871 |
Top 16% | 85% | 476 | $112,763,678 | $236,898 |
Top 17% | 86% | 505 | $114,303,903 | $226,344 |
Top 18% | 87% | 535 | $115,779,352 | $216,410 |
Top 19% | 88% | 565 | $117,136,732 | $207,322 |
Top 20% | 89% | 595 | $118,381,432 | $198,960 |
Remaining 80% of recips. | 11% | 2,381 | $14,415,323 | $6,054 |
‡ Data for 2020 includes payments made by USDA through June 30, 2020 and does not include crop insurance premium subsidies.