More than $18 million in CRP payments going to New Mexico farmers

Salomon Ramirez, State Executive Director for USDA’s Farm Service Agency in New Mexico today announced that USDA has almost completed issuing over $18 million in Conservation Reserve Program (CRP) payments to eligible producers in New Mexico. More than $1.7 billion in CRP payments are being made on 31 million acres across the country. The payments announced today are annual rental payments earned on the 568,253 acres enrolled in the CRP, including the Conservation Reserve Enhancement Program and Continuous Sign-Up Program fiscal year 2009. Producer’s holding 2,493 contracts on 1,577 farms will receive an average of $11,813 per farm or $32.78 per acre. The number of contracts is higher than the number of farms because producers may have multiple contracts on a single farm...read more