Loan Deficiency Payments in Lea County, New Mexico totaled $8.2 million from 1995-2020‡.

Programs included in Loan Deficiency Payments

Program Total Payments
1995-2020‡
Loan Deficiency - Upland Cotton$6,573,974
Loan Deficiency - Corn$1,154,153
Loan Deficiency - Peanuts$252,077
Loan Deficiency - Wheat$132,828
Loan Deficiency - Wool$44,513
Loan Deficiency - Sunflower$20,882
Loan Deficiency - Sorghum$8,713
Loan Deficiency - Unshorn Pelts$871
Loan Deficiency - Oats$768
Loan Deficiency - Barley$650

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

 

Farm Subsidies Education

AgMag