Price Loss Coverage Program (PLC) payments in New Mexico totaled $110 million from 1995-2021.
From 1995 to 2021, the top 10 percent of Price Loss Coverage Program (PLC) payment recipients were paid 62 percent of Price Loss Coverage Program (PLC) recipients.
| Pct. of Recipients | Pct. of Payments | Number of Recipients | Total Payments 1995-2021 | Payment per Recipient |
|---|---|---|---|---|
| Top 1% | 19% | 28 | $20,704,569 | $739,449 |
| Top 2% | 28% | 56 | $31,032,218 | $554,147 |
| Top 3% | 35% | 84 | $38,588,689 | $459,389 |
| Top 4% | 41% | 112 | $44,901,420 | $400,906 |
| Top 5% | 46% | 140 | $50,304,351 | $359,317 |
| Top 6% | 50% | 169 | $55,092,056 | $325,989 |
| Top 7% | 54% | 197 | $59,078,980 | $299,893 |
| Top 8% | 57% | 225 | $62,550,616 | $278,003 |
| Top 9% | 60% | 253 | $65,676,168 | $259,590 |
| Top 10% | 62% | 281 | $68,551,838 | $243,957 |
| Top 11% | 65% | 309 | $71,180,671 | $230,358 |
| Top 12% | 67% | 338 | $73,699,966 | $218,047 |
| Top 13% | 69% | 366 | $75,990,781 | $207,625 |
| Top 14% | 71% | 394 | $78,082,867 | $198,180 |
| Top 15% | 73% | 422 | $80,053,038 | $189,699 |
| Top 16% | 74% | 450 | $81,867,857 | $181,929 |
| Top 17% | 76% | 478 | $83,486,630 | $174,658 |
| Top 18% | 77% | 507 | $85,019,205 | $167,691 |
| Top 19% | 79% | 535 | $86,412,093 | $161,518 |
| Top 20% | 80% | 563 | $87,716,433 | $155,802 |
| Remaining 80% of recips. | 20% | 2,254 | $22,221,517 | $9,859 |
Federal crop insurance reform vital for incentivizing climate adaptation on farms
Farm Subsidies Ballooned Under Trump
Is Federal Crop Insurance Policy Leading to Another Dust Bowl?
Double Dipping:
The "Farm Crisis" Myth
Crying Wolf