Monday, February 13, 2017

State Land Commissioner and Agriculture Industry Agree to New Grazing Fee

State Land Commissioner and Agriculture Industry Agree to New Grazing Fee State Land Office Press Release State Land Commissioner Aubrey Dunn this week met with members of the New Mexico Cattle Growers Association, the New Mexico Farm and Livestock Bureau, and the Northern New Mexico Stockmen’s Association who agreed to support a 3.38% increase in grazing fees for livestock on State Trust Lands. The current fee of $5.99 per Animal Unit Month (AUM) is effective until September 30, 2017 and the new fee of $6.19 will take effect October 1, 2017 through September 30, 2018.The factors adjust agricultural lease rental fees up or down depending on the value of forage and economic conditions in the livestock industry. Industry leaders who support the increase include Craig Ogden, President of the New Mexico Farm and Livestock Bureau, who said, “The grazing fee formula works in its present form.”

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