State Quick Facts
Total State GDP
State Land Area (Acres)
Land in Forest
Land in Farms
Number of Farms
Average Farm Size (acres)
Farm Real Estate Value (per acre)
Agricultural Cash Receipts
Cash Receipts from Crops
Cash Receipts from Animals
Top Ag. Commodities
Dairy Products, Milk
Cattle and Calves
Top Ag. Exports
Beef and Veal
Other Plant Products
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New Mexico Economic Contribution and Impact Research
In 2018, New Mexico generated around $2.9 billion in agricultural cash receipts with the highest valued commodities being dairy products, specifically milk, cattle and calves, and miscellaneous crops. That same year, the value of New Mexico’s agricultural production and processing industries represented 2.4 percent of total state GDP. Some of the dollars generated by these industries end up being re-spent within the local economy, bringing additional value to the state through “multiplier effects.” Economic impact and contribution studies measure these effects, which can be broken down into direct, indirect, and induced economic effects.
Websites, reports, fact sheets, and articles related to the economic impacts and contributions of New Mexico’s food, fiber, and forest industries can be found below.
Contribution and Impact Research Documents:
The following are current and historical studies, fact sheets, and articles related to New Mexico’s food, fiber, and forest industries. These can be viewed and/or downloaded by clicking the images or links below:
*As of 2018, no standard methodology exists for producing economic impact or economic contribution reports. Please exercise caution when viewing and comparing reports as each may vary significantly in terms of source data and analysis and reporting methodology.