Apple harvest is underway across New York, and growers are assessing yields, fruit quality, storage and marketing opportunities. It is also time to plan for next season. Beginning with the 2027 crop year, New York apple producers will gain a significant new risk management option: variety-specific crop insurance coverage. This improved option may allow growers to better align coverage with the varieties planted in their orchards.
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Tax Talks
Update: Diesel Fuel Tax Provisions
Earlier this month, Executive Order, Emergency Tax Relief on Diesel Fuel, was signed by the President with the purpose of deferring certain diesel fuel tax payment obligations and to provide penalty relief. As a result, the IRS acted and indicated it will not impose a penalty when dyed diesel fuel is sold for use or used on highways nationwide.
October 22, 2026
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Ag Economy
Takeaways from the 2024 Maple Outlook
Farm Credit East recently hosted a webinar with University of Vermont’s Mark Cannella who provided a glimpse into statistics and trends in North American maple syrup production and a look into the Maple syrup and sugar industry in 2024.
April 23, 2024
Crop Insurance
Stay Up To Date With The Dairy Markets Insights Newsletter
The dairy industry is ever changing, and there is constantly news being thrown at us in all different directions. Our weekly dairy market insights newsletter is curated by the Crops Growers dairy and livestock team to keep you up to date on markets and current events impacting your dairy operation.
April 18, 2024
Ag Economy
2024 Forecast for the Northeast Green Industry
Farm Credit East recently hosted a webinar with Dr. Charlie Hall, of Texas A&M University, to review green industry (including nursery, greenhouse and sod industries) operational and financial performance in 2023 and provide a 2024 outlook. Read on for the key takeaways from this webinar.
April 16, 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
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