---
title: Crop insurance — New Mexico (2026) — USDA RMA Summary of Business
license: CC0-1.0
source: USDA Risk Management Agency Summary of Business
---

# Crop insurance — New Mexico (2026) — USDA RMA Summary of Business

USDA RMA crop insurance for New Mexico (2026): 9,084 policies sold, $663,680,434 total liability, $146,467,249 total premium, $78,635,541 indemnities paid, loss ratio 53.7%. Top crop: Pasture,Rangeland,Forage. Atlas Commons aggregation over USDA RMA SoB. CC0.

## Claims

### New Mexico had 9,084 crop insurance policies sold in 2026 across 19 commodities

**RECORDED.** The USDA Risk Management Agency Summary of Business records 9,084 crop insurance policies sold in New Mexico (NM) for 2026, covering 19 commodities across 32 counties. Total liability covered: $663,680,434. Total premium: $146,467,249 (including $78,609,114 in government subsidy). This is a verbatim USDA RMA figure summed across all crops, plans, and counties.

Source: USDA Risk Management Agency Summary of Business — https://www.rma.usda.gov/data/sob
Falsifier: Verify at the USDA RMA Summary of Business (https://www.rma.usda.gov/data/sob) for state NM, year 2026. Falsified if the sum of all policies sold, liability, or premium differs.

### Crop insurance premium in New Mexico for 2026: $146,467,249 total, $78,609,114 subsidized

**DERIVED.** Atlas Commons sums $146,467,249 in total premium and $78,609,114 in government subsidy for crop insurance in New Mexico for 2026. These are faithful sums of the USDA RMA published per-crop-per-plan-per-county figures — no inference or modeling. The government subsidy is the federal premium support paid on behalf of producers; the net producer cost is total premium minus subsidy.

Source: USDA Risk Management Agency Summary of Business (Atlas Commons aggregation) — https://www.rma.usda.gov/data/sob
Falsifier: Sum all total_premium_amount and subsidy_amount values for state NM, year 2026 from the USDA RMA SoB. Falsified if the totals differ.

### Crop insurance indemnities paid in New Mexico for 2026: $78,635,541

**DERIVED.** Atlas Commons sums $78,635,541 in crop insurance indemnities (claims paid) in New Mexico for 2026. This is a faithful sum of the USDA RMA published indemnity_amount figures across all crops, plans, and counties — no modeling choice. 2,080 of 9,084 policies received an indemnity payment.

Source: USDA Risk Management Agency Summary of Business (Atlas Commons aggregation) — https://www.rma.usda.gov/data/sob
Falsifier: Sum all indemnity_amount values for state NM, year 2026 from the USDA RMA SoB. Falsified if the total differs.

### New Mexico crop insurance loss ratio for 2026: 53.7%

**DERIVED.** Atlas Commons computes New Mexico's crop insurance loss ratio for 2026 as 53.7% (indemnity paid / total premium × 100). A ratio above 100% means more was paid in claims than collected in premiums — common in catastrophic crop years. This is an Atlas Commons computation over the USDA RMA SoB figures; USDA RMA does not publish a per-state summary loss ratio.

Source: USDA Risk Management Agency Summary of Business (Atlas Commons aggregation — indemnity / total_premium × 100) — https://www.rma.usda.gov/data/sob
Falsifier: Reproduce: divide the sum of indemnity_amount by the sum of total_premium_amount for state NM, year 2026 in the USDA RMA SoB. Falsified if the ratio differs.

### Pasture,Rangeland,Forage is the largest crop insurance commodity in New Mexico by liability (2026): $401,757,969

**DERIVED.** By total liability covered, Pasture,Rangeland,Forage (USDA commodity code 0088) is the largest crop insurance commodity in New Mexico for 2026 with $401,757,969 in liability across 2,097 policies. This is Atlas Commons's ranking of the USDA RMA SoB figures; USDA does not publish a per-state commodity ranking.

Source: USDA Risk Management Agency Summary of Business (Atlas Commons aggregation) — https://www.rma.usda.gov/data/sob
Falsifier: Reproduce: sum liability_amount by commodity for state NM, year 2026 in the USDA RMA SoB. The commodity with the highest total liability should match. Falsified if a different commodity ranks first.

### What this crop insurance profile is — and is NOT — for New Mexico (2026)

**INTERPRETATION.** This profile aggregates USDA RMA Summary of Business data to the state level for 2026. Policy counts and dollar amounts are AGGREGATED (Atlas Commons sums of RMA published sub-row figures). The loss ratio and commodity ranking are Atlas Commons computations — not USDA-published statistics. This surface informs — it is NOT actuarial analysis, a prediction of future indemnities, or advice on which crops to insure. For crop-specific federal actuarial data and program participation, use the USDA RMA Cost Estimator and Actuarial Data Master files.

Source: Coverage Atlas framing (over the USDA RMA sources cited above) — https://coverage-atlas.ryanjhunter.workers.dev/coverage/crop/states/nm
Falsifier: occurred=FALSE (a framing, not an RMA event) and adjudged=FALSE — the lowest-warrant claim in this dataset. The policy counts and dollar totals above are computed sums of RMA figures.

---

Every claim above carries a four-status warrant (RECORDED / MODELED / DERIVED / INTERPRETATION) and a named source you can re-fetch — this is a research object, not a flat fact. Structured: `https://coverage-atlas.ryanjhunter.workers.dev/coverage/crop/states/nm.jsonld`

## Data

### New Mexico — crop insurance summary (2026)

All dollar amounts and policy counts are AGGREGATED (Atlas Commons sums of USDA RMA published per-crop-per-plan-per-county figures). Loss ratio = indemnity / total premium × 100 (AGGREGATED). Source: USDA RMA Summary of Business.

| Metric | Value | Warrant |
| --- | --- | --- |
| Policies sold | 9,084 | AGGREGATED |
| Policies indemnified | 2,080 | AGGREGATED |
| Total liability covered | $663,680,434 | AGGREGATED |
| Total premium | $146,467,249 | AGGREGATED |
| Government subsidy | $78,609,114 | AGGREGATED |
| Indemnities paid | $78,635,541 | AGGREGATED |
| Loss ratio | 53.7% | AGGREGATED |
| Commodities insured | 19 | AGGREGATED |
| Counties with coverage | 32 | AGGREGATED |

### New Mexico — top 19 crops by liability (2026)

AGGREGATED: Atlas Commons sums of USDA RMA SoB figures per commodity. Loss ratio per crop = indemnity / premium (AGGREGATED). Sorted by total liability descending.

| Commodity | Total liability | Policies sold | Loss ratio |
| --- | --- | --- | --- |
| Pasture,Rangeland,Forage (0088) | $401,757,969 | 2,097 | 41.8% |
| Pecans (0020) | $138,778,879 | 282 | 0.0% |
| Annual Forage (0332) | $79,805,343 | 871 | 121.3% |
| All Other Crops (9999) | $27,416,867 | 175 | 39.4% |
| Wheat (0011) | $5,326,327 | 901 | 83.5% |
| Cotton Ex Long Staple (0022) | $3,819,245 | 63 | 0.0% |
| Corn (0041) | $3,484,071 | 936 | 0.0% |
| Cotton (0021) | $2,047,402 | 1,003 | 0.0% |
| Peanuts (0075) | $428,503 | 424 | 0.0% |
| Grain Sorghum (0051) | $365,836 | 1,111 | 0.0% |
| Potatoes (0084) | $241,920 | 75 | 0.0% |
| Pistachios (0470) | $185,554 | 5 | 0.0% |
| Triticale (0158) | $21,573 | 172 | 0.0% |
| Barley (0091) | $945 | 278 | 134.8% |
| Dry Beans (0047) | $0 | 147 | — |
| Hemp (1218) | $0 | 7 | — |
| Processing Beans (0046) | $0 | 56 | — |
| Silage Sorghum (0059) | $0 | 424 | — |
| Hybrid Sorghum Seed (0050) | $0 | 57 | — |