Peanut Subsidies in New Mexico totaled $50.1 million from 1995-2020‡.

Programs included in peanut subsidies

Program Total Payments
1995-2020‡
Counter Cyclical Payment - Peanuts$13,538,976
Price Loss Coverage - Peanuts$12,201,149
Direct Payment - Peanuts$10,550,921
Peanut Quota Buyout Program$7,514,250
Peanut Marketing Assistance$2,041,652
Loan Deficiency - Peanuts$618,557
Market Gains - Peanuts$536,817
Peanut Load-in Charges$252,759
Commodity Certificates - Peanuts$87,195

‡ Data for 2020 includes payments made by USDA through June 30, 2020 and does not include crop insurance premium subsidies.

 

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