Farmland Atlas · county record

Lea County, New Mexico

Lea County, NM: irrigated cash rent $129 an acre (2024); land and buildings $979 an acre in the 2022 census; crop insurance loss ratio 1.83 since 1989. County averages from public records, not an appraisal of any farm. FIPS 35025. Figures as of 2026-09-20.

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Water is the story in Lea County. Irrigation covers 82 percent of harvested cropland, and all of it draws from groundwater, 100 percent, as of 2015. The July nightly low has moved from a 65.8 F normal to 67.1 F over 2017-2026, part of a 0.72 F per decade warming trend since 1976, and the county first reached a 66 F July average low in the 2010s.

Cash rent, non-irrigated
—
no dry rent published
Cash rent, irrigated
$129/ac
2024 county average
too few 2024 county surveys in the state to compare
Land and buildings
$979/ac
2022: what operators guessed land and buildings were worth
NM median $784 · 7th highest of 30
Corn yield, median
—
fewer than 8 published county corn yields
Claims paid per $100 of coverage
$40.09
2016–2025, closed crop years
NM median $14.53 · 3rd highest of 12
Farmland rented
53%
2022 census, rented from others
NM median 26% · 2nd highest of 30

Cash rent

Irrigated, 2024$129/acno dry rent published

Land value

Land and buildings, 2022$979/acoperators' own estimate, not a sale price
Census 2012$339/ac
Census 2017$412/ac
Change 2017 to 2022+137.6%+18.9% 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

20082013201820231.353.051.491.00: claims equal premium

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$40.09
Loss ratio, 2016–20252.13claims ÷ total premium
Loss ratio, 1989–20251.83$110.3 million paid
Years claims exceeded premium15 of 18
Worst year2023ratio 3.05
Largest causes of loss, 1989–2025heat and drought 50% · hail 18% · area plans 11%share of dollars paid

Drought and weather

200020052010201520202025175211

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, 2000–2025388 of 1,357 weeks29% of weeks
Year with the most D2+ weeks201252 weeks
Last five years, 2021–2025128 weeks
July average of daily lows, 2017–202667.1 °F1991–2020 normal 65.8 °F
Trend in July lows since 1976+0.72 °F a decadewarming
Rain, April to September10.4 in1991–2020 normal; last ten years 82% of it
Days with hail 1 inch or larger3.9 a yearreports, 2010–2025; a zero is no report, not proof of no hail

Land, water and programs

Harvested cropland irrigated, 202282%
Drained by tile, 2022none reported
Farmed no-till, 202216% of cropland14,493 ac
Cover crops, 20225% of cropland4,861 ac
198619911996200120062011201620219,09438,4497,810

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

CRP enrolled, 20257,810 ac16.2% of harvested cropland + CRP
CRP expiring FY2026–20282,400 ac31% of enrolled acres
CRP average rental payment, FY2025$32/acall contracts in force, old ones included; not today's offer
Solar and wind operating, 202545.1 MW solar · 307 MW windnameplate, EIA Form 860
Cattle and calves, 2022100,315+3.7% since 2017
Farmland rented from others, 202253%census tenure, owned plus rented acres in farms

Next door

CountyDry rentIrr. rentLand valueClaims per $100
Lea County—$129 2024$979$40.09
Chaves County—$175$887$10.03
Eddy County—$110$907$5.29
Roosevelt County$19$122$1,039$50.33
Andrews County, TX——$1,595$61.68
Cochran County, TX$34$140 2023$1,417$52.69
Gaines County, TX$51$190$1,436$52.08
Loving County, TX——$1,671—
Winkler County, TX——$1,520—
Yoakum County, TX$30$158$1,606$46.84
Median next door$32$158$1,436$50.33

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. Lea 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/lea-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.