MIMBRES VALLEY FARMERS ASSOCIATION INC
NT 10-Q, 2000-05-17
VARIETY STORES
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UNITED STATES SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549

FORM 12-b-25

NOTIFICATION OF LATE FILING

( )Form 10-KSB      ( ) Form 20-F       ( )Form 11-K      (X)Form
10-QSB      ( )Form N-SAR

For Period Ended:  March 31, 2000

PART I - REGISTRANT INFORMATION

MIMBRES VALLEY FARMERS ASSOCIATION, INC.
(Full Name of Registrant)

811 South Platinum
(Address of Principle Executive Office)

Deming, New Mexico 88030
(City, State, and Zip Code)

PART II - RULES 12b-25(b) AND (c)

If the subject report could not be filed without unreasonable effort
or expense and the registrant seeks relief pursuant to Rule
12b-25(b), the following should be completed.

(X)

(a)  The reasons described in reasonable detail in Part III of this
form could not be eliminated without unreasonable effort or expense;
(b) The subject quarterly report on Form 10-QSB will be filed no
later than the fifth calendar day following the prescribed due date;
(c)  The accountant's statement or other exhibit required by Rule
12b-25(c) has been attached if applicable.

PART III - NARRATIVE

State below in reasonable detail the reasons why the Form 10-QSB
could not be filed within the prescribed time period.

     The Company is in the process of resolving an accounting issue
with the Company's segment information.  Upon review of the
financial statements, Management discovered that two of the
company's segments were combined and needed to be corrected.  The
Company is in the process of correcting this information.

PART IV - Other Information
(1)  Name and telephone number of person to contact in regard to
this notification:
     Dean Stovall, Chief Executive Officer, Mimbres Valley Farmers
Association, Inc.
     505-546-2769

(2)  Have all other periodic reports required under Section 13 or
     15(d) of the Securities Exchange Act of 1934 or Section 30 of
     the Investment Company Act of 1940 during the preceding 12
     month period been filed.         Yes (X)                No( )

(3)  Is it anticipated that any significant change in results of
     operations from the corresponding period for the last fiscal
     year will be reflected by the earning statements to be included
     in the subject report or portion thereof?           Yes ( )
               No (X)


MIMBRES VALLEY FARMERS ASSOCIATION, INC.
has caused this notification to be signed on its behalf by the
undersigned hereunto duly authorized.



By:  /s/ Dean Stovall
Dean Stovall, Chief Executive Officer

Date:   May 16, 2000



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