Wildfire smoke darkened skies across the Northeast for at least three consecutive days this July. Orange clouds were evidence of fires raging thousands of miles away in Ontario, Canada and northern Minnesota. While the duration and impact of wildfires have historically been concentrated in the Western United States, the issue is becoming a more frequent concern on the east coast. What impact does sustained wildfire smoke have on agriculture in our region?
Ag Industry Trends & Outlooks
Discover insights, trends, ag market outlooks and other topical information as it relates to the Northeast's diverse agricultural industries. Brought to you by Knowledge Exchange from Farm Credit East.
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Business Tips and Tools
Northeast Farmers: What to Know About New Disaster Recovery Grant Programs
Northeast farmers have faced significant challenges from severe weather events in recent years. For producers in Connecticut, Massachusetts and Maine impacted by weather-related losses in 2023 and 2024, funding has been made available to help recover losses, rebuild operations and strengthen long-term business resilience. The program is funded through USDA resources and administered by state departments of agriculture.
September 4, 2026
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Business Tips and Tools
2026 Apple Industry Outlook Webinar
Farm Credit East and Horizon Farm Credit recently hosted Chris Gerlach of USApple for a discussion on the prevailing trends and forces shaping the U.S. apple industry.
April 16, 2026
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Tax Talks
New York Farm Employer Overtime Credit – Advance Application Opens July 1
In December 2023, we shared two important Tax Talks blog articles on the New York Employer Overtime Credit. The time to apply for an advance of the credit is fast approaching with NYS Ag and Markets opening the application on July 1, 2024.
July 02, 2024
Tax Talks
Production Tax Credit – Complete Application for Registration by July 15
In a previous Tax Talks blog article, we talked about energy credits. An energy credit not discussed is the Production Tax Credit (PTC) under Internal Revenue Code (IRC) section 45Z. This credit incentivizes the domestic production of sustainable transportation fuels, such as those that may be generated by an on-farm biomass digester, offering a per gallon tax credit for qualified fuels produced by the taxpayer and sold to an unrelated person.
June 25, 2024
Tax Talks
Handling State Tax Refunds from Business Tax Credits
With many taxpayers having filed their 2023 taxes, refunds are appearing in their bank accounts. There may be a question of what to do with these funds. Particularly for those in states that had an expansion of refundable credits generated from farm businesses.
May 29, 2024
Tax Talks
Life Insurance Redemptions Falling Under IRS Scrutiny
In the context of farming business structures, acquiring a life insurance policy is a prevalent practice. Here are two common scenarios and an update on an ongoing Supreme Court case involving the IRS concerning the valuation of businesses when insurance payouts are implicated and whether such proceeds are deemed liabilities or not.
April 11, 2024
Northeast Economic Engine
Download Farm Credit East’s Northeast Economic Engine report, which analyzes the economic impact of the Northeast agriculture, forest products, commercial fishing and food manufacturing industries. This report was released in October 2024.
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