USDA: Drought taking toll on New Mexico farms

May 5, 2014 • State News

LAS CRUCES, N.M. (AP) — New Mexico farmers are trying new approaches to stay afloat in the midst of an ongoing drought, according to new census data released Friday by the U.S. Department of Agriculture.

Officials released the 2012 Agriculture Census which showed that the average net income per farm has fallen sharply in the last five years.

The agency says net cash income dropped from more than $17,500 in 2007 to $9,501.

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