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New Mexico State Profile - 2019

Submitted by migration on
Content
Main Table
CropsInsured AcresTotal AcresPercent Insured
Annual Forage55,328N/AN/A
Apples185433%
Dry and Processing Beans4,281N/AN/A
Corn81,821141,84358%
Cotton and Extra Long Staple Cotton58,415N/AN/A
Grain Sorghum53,26857,34093%
Onions1,0416,25517%
Peanuts3,6403,94592%
Pecans31,978N/AN/A
Pistachios15333346%
Potatoes4,021N/AN/A
Wheat220,346257,75685%

 

Crop Pilot Programs
ProgramCounty AvailabilityInsured AcresTotal Liability
ApicultureAll CountiesN/AN/A
Chile PeppersHidalgo and Luna County592$172,240
Cottonseed EndorsementAll Counties with Cotton PoliciesN/A$3,777,703
Pasture, Rangeland, ForageAll Counties14,753,940$162,729,272
Silage SorghumChaves, Curry, Lea, Quay, Roosevelt, and Union County3,913$847,914
Whole Farm Revenue ProtectionAll CountiesN/A$7,443,741

 

Dollar Liability ProgramTotal Dollar Liability
Livestock Risk Protection - Feeder Cattle$190,884

 

15 Year Crop Insurance History for New Mexico

YearPolicies Earning 
Premium
Net Acres
Insured
LiabilityGross PremiumLossesLoss Ratio
20051,7651,166,377$81,356,138$10,672,629$2,443,0450.23
20061,6221,238,508$88,932,819$11,208,778$10,816,6940.97
20071,5991,299,899$106,016,076$14,148,077$4,029,2400.28
20081,5821,284,876$121,283,537$16,584,588$24,150,4001.46
20091,5001,304,236$127,454,124$21,296,935$20,899,0530.98
20101,5071,441,826$123,792,908$17,128,316$3,492,6260.20
20111,6391,892,763$189,726,873$26,315,207$47,927,6161.82
20121,6153,046,932$209,260,488$32,798,276$48,701,8031.48
20131,7703,112,997$218,796,552$36,393,107$58,604,0061.61
20141,7053,174,629$208,673,337$29,001,222$32,830,0531.13
20151,6712,720,721$182,758,108$24,008,867$11,404,0630.47
20161,6614,812,971$221,250,077$30,037,840$25,131,8250.84
20171,7637,659,171$277,622,754$43,746,964$39,114,3030.89
20181,7988,617,902$322,107,318$51,096,526$61,055,2001.19
20191,98015,272,999$380,634,995$66,317,280$42,066,6010.63

Data current as of January 30, 2020. For current data go to RMA’s Summary of Business Tool.

Where to Buy Crop Insurance

All multi-peril crop insurance, including Catastrophic Risk Protection policies, are available from private crop insurance agents. A list of crop insurance agents is available at all USDA service centers and on RMA’s website.