Loan Deficiency Payments in New Mexico totaled $63.7 million from 1995-2020‡.

From 1995 to 2020, the top 10 percent of Loan Deficiency Payments payment recipients were paid 77 percent of Loan Deficiency Payments recipients.

Pct. of Recipients Pct. of Payments Number of Recipients Total Payments 1995-2020‡ Payment per Recipient
Top 1%26%46$16,468,463$358,010
Top 2%38%92$24,062,232$261,546
Top 3%47%139$29,720,594$213,817
Top 4%53%185$34,059,215$184,104
Top 5%59%232$37,719,415$162,584
Top 6%64%278$40,757,583$146,610
Top 7%68%325$43,384,666$133,491
Top 8%72%371$45,633,545$123,001
Top 9%75%418$47,619,706$113,923
Top 10%77%464$49,312,497$106,277
Top 11%80%511$50,842,108$99,495
Top 12%82%557$52,184,039$93,688
Top 13%84%604$53,383,063$88,383
Top 14%85%650$54,397,565$83,689
Top 15%87%697$55,326,841$79,379
Top 16%88%743$56,134,463$75,551
Top 17%89%790$56,867,126$71,984
Top 18%90%836$57,492,964$68,771
Top 19%91%883$58,060,863$65,754
Top 20%92%929$58,561,498$63,037
Remaining 80% of recips.8%3,720$5,118,368$1,376

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

 

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