EL PASO, Texas (KTSM) — The food and agriculture industries in New Mexico has a $45 billion annual economic impact, according to the ninth annual Feed the Economy report which was released Tuesday, March 18.
The report, which was released by a coalition of 36 food and agriculture organizations, highlights the economic contributions of food and agriculture in New Mexico.
According to the 2025 report, New Mexico’s food and agriculture industries generated:
- $45 billion in total economic impact (up 4.4% from $43.12 billion in 2024).
- $12.9 billion in wages (up 9.3% from $11.8 billion in 2024).
- $4.8 billion in business taxes.
- $301.8 million in exports (up 22.1% from $247.1 million in 2024).
- 253,529 jobs statewide.
“Our state’s food and agriculture industry is a thriving, integral component of the local economy, as this latest report shows increases in exports, wages and overall economic impact of the ag industry,” New Mexico Agriculture Secretary Jeff Witte said. “When we sit down to eat a meal, it’s important to remember all the work it took to get that food from the farm to our plates.”
Nationally, the food and agriculture sectors contributed $9.5 trillion to the U.S. economy in 2025, representing 18.7% of total economic output. The report also said that since the pandemic, the agriculture industry has demonstrated “remarkable resilience,” increasing its economic output by nearly 25% despite global supply chain challenges, according to a news release sent out to announce the report.
The complete 2025 Feeding the Economy report, including detailed state-by-state analysis and additional statements from industry leaders, is available at www.FeedingTheEconomy.com.
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