Table 4. Farm Production Expenses: 2012 and 2007 (continued) 
[For meaning of abbreviations and symbols, see introductory text.] 
Item 
2012 
2007 
Farms 
Expenses 
($1,000) 
Farms 
Expenses 
($1,000) 
Production expenses paid by 
landlords ^ farms 
266 
(X) 
228 
(X) 
$1,000 
(X) 
2,772 
(X) 
5,010 
percent of total 
(X) 
0.1 
(X) 
0.3 
Farms with expenses of- 
$1 to $499 
23 
6 
18 
6 
$500 to $999 
29 
18 
17 
13 
$1 ,000 to $4,999 
120 
268 
68 
172 
$5,000 to $9,999 
29 
187 
43 
296 
$10,000 to $24,999 
32 
490 
38 
610 
$25,000 or more 
33 
1,803 
44 
3,913 
$25,000 to $49,999 
17 
(D) 
22 
792 
$50,000 to $99,999 
14 
1,020 
13 
872 
$100,000 or more 
2 
(D) 
9 
2,250 
Depreciation expenses claimed farms 
6,913 
(X) 
6,058 
(X) 
$1,000 
(X) 
177,631 
(X) 
166,065 
percent of total 
(X) 
7.2 
(X) 
8.7 
Farms with expenses of- 
$1 to $499 
380 
99 
450 
106 
$500 to $999 
411 
280 
424 
303 
$1 ,000 to $4,999 
2,118 
5,279 
1,948 
4,833 
$5,000 to $9,999 
1,302 
8,877 
1,042 
7,089 
$10,000 to $24,999 
1,323 
19,991 
966 
14,690 
$25,000 or more 
1,379 
143,105 
1,228 
139,044 
$25,000 to $49,999 
756 
25,705 
614 
21,256 
$50,000 to $99,999 
308 
21,098 
311 
20,525 
$100,000 or more 
315 
96,302 
303 
97,263 
' Landlord production expenses are included within total farm production expenses. 
Table 5. Net Cash Farm Income of the Operations and Operators: 2012 and 2007 
[For meaning of abbreviations and symbols, see introductory text.] 
Item 
2012 
2007 
Farms 
Income 
($1,000) 
Farms 
Income 
($1,000) 
Net cash farm income of the operations (see text) 
24,721 
234,870 
20,930 
367,493 
Average per farm dollars 
(X) 
9,501 
(X) 
17,558 
Farms with net gains ^ 
7,879 
492,951 
7,404 
541,542 
Average per farm dollars 
(X) 
62,565 
(X) 
73,142 
Farms with gains of- 
less than $1 ,000 
1,269 
563 
1,139 
512 
$1 ,000 to $4,999 
2,305 
6,048 
2,171 
6,008 
$5,000 to $9,999 
1,052 
7,452 
1,007 
7,218 
$10,000 to $24,999 
1,090 
17,759 
1,148 
18,753 
$25,000 to $49,999 
840 
29,811 
709 
25,298 
$50,000 or more 
1,323 
431,318 
1,230 
483,753 
Farms with net losses 
16,842 
258,081 
13,526 
174,049 
Average per farm dollars 
(X) 
15,324 
(X) 
12,868 
Farms with losses of- 
less than $1 ,000 
2,107 
1,078 
1,829 
912 
$1 ,000 to $4,999 
6,084 
16,962 
5,383 
14,702 
$5,000 to $9,999 
3,514 
24,945 
2,800 
19,863 
$10,000 to $24,999 
3,200 
49,246 
2,209 
33,578 
$25,000 to $49,999 
1,120 
38,810 
781 
27,008 
$50,000 or more 
817 
127,039 
524 
77,985 
Net cash farm income of operators (see text) 
24,721 
222,144 
20,930 
357,341 
Average per farm dollars 
(X) 
8,986 
(X) 
17,073 
Farm operators reporting net gains ' 
7,847 
482,986 
7,369 
533,936 
Average per farm dollars 
(X) 
61,550 
(X) 
72,457 
Farms with gains of- 
less than $1 ,000 
1,266 
565 
1,133 
508 
$1 ,000 to $4,999 
2,287 
5,984 
2,184 
6,032 
$5,000 to $9,999 
1,053 
7,447 
1,005 
7,201 
$10,000 to $24,999 
1,095 
17,801 
1,143 
18,651 
$25,000 to $49,999 
839 
29,733 
723 
25,862 
$50,000 or more 
1,307 
421,455 
1,181 
475,682 
Farm operators reporting net losses 
16,874 
260,841 
13,561 
176,595 
Average per farm dollars 
(X) 
15,458 
(X) 
13,022 
Farms with losses of- 
less than $1 ,000 
2,121 
1,082 
1,832 
910 
$1,000 to $4,999 
6,086 
16,955 
5,387 
14,733 
$5,000 to $9,999 
3,520 
25,008 
2,805 
19,901 
$10,000 to $24,999 
3,202 
49,335 
2,218 
33,713 
$25,000 to $49,999 
1,099 
37,947 
789 
27,258 
$50,000 or more 
846 
130,515 
530 
80,080 
' Farms with total production expenses equal to market value of agricultural products sold, government payments, and farm-related income are included as farms with gains of less than $1 ,000. 
14 New Mexico 
2012 Census of Agriculture - State Data 
USDA, National Agricultural Statistics Service 
