Crops | Insured Acres | Total Acres | Percent Insured |
---|---|---|---|
Annual Forage | 55,328 | N/A | N/A |
Apples | 18 | 54 | 33% |
Dry and Processing Beans | 4,281 | N/A | N/A |
Corn | 81,821 | 141,843 | 58% |
Cotton and Extra Long Staple Cotton | 58,415 | N/A | N/A |
Grain Sorghum | 53,268 | 57,340 | 93% |
Onions | 1,041 | 6,255 | 17% |
Peanuts | 3,640 | 3,945 | 92% |
Pecans | 31,978 | N/A | N/A |
Pistachios | 153 | 333 | 46% |
Potatoes | 4,021 | N/A | N/A |
Wheat | 220,346 | 257,756 | 85% |
Crop Pilot Programs | |||
---|---|---|---|
Program | County Availability | Insured Acres | Total Liability |
Apiculture | All Counties | N/A | N/A |
Chile Peppers | Hidalgo and Luna County | 592 | $172,240 |
Cottonseed Endorsement | All Counties with Cotton Policies | N/A | $3,777,703 |
Pasture, Rangeland, Forage | All Counties | 14,753,940 | $162,729,272 |
Silage Sorghum | Chaves, Curry, Lea, Quay, Roosevelt, and Union County | 3,913 | $847,914 |
Whole Farm Revenue Protection | All Counties | N/A | $7,443,741 |
Dollar Liability Program | Total Dollar Liability | ||
---|---|---|---|
Livestock Risk Protection - Feeder Cattle | $190,884 |
15 Year Crop Insurance History for New Mexico
Year | Policies Earning Premium | Net Acres Insured | Liability | Gross Premium | Losses | Loss Ratio |
---|---|---|---|---|---|---|
2005 | 1,765 | 1,166,377 | $81,356,138 | $10,672,629 | $2,443,045 | 0.23 |
2006 | 1,622 | 1,238,508 | $88,932,819 | $11,208,778 | $10,816,694 | 0.97 |
2007 | 1,599 | 1,299,899 | $106,016,076 | $14,148,077 | $4,029,240 | 0.28 |
2008 | 1,582 | 1,284,876 | $121,283,537 | $16,584,588 | $24,150,400 | 1.46 |
2009 | 1,500 | 1,304,236 | $127,454,124 | $21,296,935 | $20,899,053 | 0.98 |
2010 | 1,507 | 1,441,826 | $123,792,908 | $17,128,316 | $3,492,626 | 0.20 |
2011 | 1,639 | 1,892,763 | $189,726,873 | $26,315,207 | $47,927,616 | 1.82 |
2012 | 1,615 | 3,046,932 | $209,260,488 | $32,798,276 | $48,701,803 | 1.48 |
2013 | 1,770 | 3,112,997 | $218,796,552 | $36,393,107 | $58,604,006 | 1.61 |
2014 | 1,705 | 3,174,629 | $208,673,337 | $29,001,222 | $32,830,053 | 1.13 |
2015 | 1,671 | 2,720,721 | $182,758,108 | $24,008,867 | $11,404,063 | 0.47 |
2016 | 1,661 | 4,812,971 | $221,250,077 | $30,037,840 | $25,131,825 | 0.84 |
2017 | 1,763 | 7,659,171 | $277,622,754 | $43,746,964 | $39,114,303 | 0.89 |
2018 | 1,798 | 8,617,902 | $322,107,318 | $51,096,526 | $61,055,200 | 1.19 |
2019 | 1,980 | 15,272,999 | $380,634,995 | $66,317,280 | $42,066,601 | 0.63 |
Data current as of January 30, 2020. For current data go to RMA’s Summary of Business Tool.
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.