Beans sit on the shelves of an Albuquerque grocery story in 2023. According to Source’s analysis, more than half of the state’s food retailers, including 42 farmers markets, are at “high risk” of significant financial losses due to SNAP cuts.(Photo by Shaun Griswold / Source NM)
More than half of New Mexico’s nearly 1,700 retailers that accept food stamps are at “high risk” of losing business or closing due to recent cuts to the federal Supplemental Nutrition Assistance Program, according to a Source New Mexico review of an analysis by the Center for American Progress.
According to the latest figures from the United States Department of Agriculture, 1,687 retailers across the state accept SNAP. That includes 776 convenience stores, 101 grocery stores, 72 farmers markets and 91 supermarkets, along with other types of retailers…