Farmland Atlas · county record

Chaves County, New Mexico

Chaves County, NM: irrigated cash rent $175 an acre (2026); land and buildings $887 an acre in the 2022 census; crop insurance loss ratio 1.29 since 1989. County averages from public records, not an appraisal of any farm. FIPS 35005. Figures as of 2026-09-20.

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In Chaves County, 85 percent of harvested cropland is irrigated, and 93 percent of that irrigation water comes from groundwater. The July average nightly low has moved from 64.4 F to 66.6 F, and the trend since 1976 runs 0.9 F per decade, warming. Freeze and frost remains the largest cause of indemnities over 1989-2025, at 61 percent. Weeks in severe drought or worse ran 535 of 1357 from 2000-2025, with 184 of those weeks falling in 2021-2025.

Cash rent, non-irrigated
—
no dry rent published
Cash rent, irrigated
$175/ac
2026 county average
NM median $175 · 5th lowest of 9
Land and buildings
$887/ac
2022: what operators guessed land and buildings were worth
NM median $784 · 11th highest of 30
Corn yield, median
—
fewer than 8 published county corn yields
Claims paid per $100 of coverage
$10.03
2016–2025, closed crop years
NM median $14.53 · 6th lowest of 12
Farmland rented
37%
2022 census, rented from others
NM median 26% · 10th highest of 30

Cash rent

$0$50$100$150$2002010201520202025$106$175 irrigated

Dollars per acre, USDA NASS county survey. A break in a line is a year with no published survey; nothing is drawn across it.

Irrigated, 2026$175/acno dry rent published

Land value

Land and buildings, 2022$887/acoperators' own estimate, not a sale price
Census 2012$360/ac
Census 2017$473/ac
Change 2017 to 2022+87.5%+13.4% a year, nominal
Dry rent ÷ census value— NASS published no non-irrigated cash rent for this county in 2022

Corn yield

County corn yield— fewer than 8 published county corn yields

Crop insurance record

Claims paid divided by total premium (the farmer share plus the federal subsidy), each closed crop year since 1989. Above the dashed line, the county's insurance book paid out more than it took in. 2026, still open, is left out.

Claims paid per $100 of coverage, 2016–2025$10.03
Loss ratio, 2016–20251.66claims ÷ total premium
Loss ratio, 1989–20251.29$21.0 million paid
Worst year2022ratio 3.93
Largest causes of loss, 1989–2025freeze 61% · heat and drought 20% · hail 6%share of dollars paid

Drought and weather

20002005201020152020202595318

Weeks per year, U.S. Drought Monitor, with half the county or more in D2 (severe) drought or worse.

D2 or worse for half the county, 2000–2025535 of 1,357 weeks39% of weeks
Year with the most D2+ weeks201353 weeks
Last five years, 2021–2025184 weeks
July average of daily lows, 2017–202666.6 °F1991–2020 normal 64.4 °F
Trend in July lows since 1976+0.90 °F a decadewarming
Rain, April to September9.4 in1991–2020 normal; last ten years 86% of it
Days with hail 1 inch or larger3.4 a yearreports, 2010–2025; a zero is no report, not proof of no hail

Land, water and programs

Harvested cropland irrigated, 202285%
Drained by tile, 2022under 1% of cropland258 ac
Farmed no-till, 20225% of cropland6,208 ac
Cover crops, 20223% of cropland3,803 ac
198619911996200120062011201620211727,968

Acres enrolled in the Conservation Reserve Program, USDA FSA, by fiscal year.

CRP enrolled, 202527,968 ac32.8% of harvested cropland + CRP
CRP average rental payment, FY2025$12/acall contracts in force, old ones included; not today's offer
Solar and wind operating, 2025174.3 MW solar · 15 MW windnameplate, EIA Form 860
Cattle and calves, 2022144,617−25.2% since 2017
Farmland rented from others, 202237%census tenure, owned plus rented acres in farms

Next door

CountyDry rentIrr. rentLand valueClaims per $100
Chaves County—$175$887$10.03
De Baca County—$194$385—
Eddy County—$110$907$5.29
Lea County—$129 2024$979$40.09
Lincoln County——$915—
Otero County——$754$8.11
Roosevelt County$19$122$1,039$50.33
Median next door$19 1 co.$122$911$24.10

Counties that share a stretch of boundary. An older rent carries its year and stays out of the median.

Cite this page

AGSIST Farmland Atlas. Chaves County, New Mexico. Figures as of 2026-09-20, from USDA NASS, USDA RMA, USDA FSA, the U.S. Drought Monitor and NOAA. https://agsist.com/farmland-atlas/new-mexico/chaves-county
Every figure is a county average from the sources named below. Ranks count counties with 10,000 acres or more in farms, in the same survey year for rent, within the state. Methods: how each figure is built. Downloads: all counties, CSV.
Sources, dates and arithmetic

"Figures as of" is the date this page's numbers last changed; it moves only when a figure on the page does. Source files and their retrieval dates are listed on the data page.

Rent: USDA NASS Cash Rents Survey, county. Land value: Census of Agriculture, operators' estimate of land and buildings. Yield: NASS county corn yields, trend fitted here over every published year since 2008. Loss ratio: claims (indemnity) divided by total premium, USDA RMA Summary of Business, 1989 on, open crop year left out. Drought: U.S. Drought Monitor, weeks with half the county or more in D2 or worse. July lows: NOAA nClimDiv county monthly minimum temperature. A dash means the record does not carry the figure or the source withheld it; the reason is printed beside it.