The USDA Risk Management Agency (RMA) recently announced several updates to Dairy Revenue Protection (DRP), Livestock Gross Margin (LGM) and Livestock Risk Protection (LRP) programs that will take effect beginning with the 2027 crop year on July 1, 2026. The changes are intended to improve flexibility, expand coverage opportunities and create more consistency across livestock insurance products.
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Tax Talks
Capital Construction Fund: A Fisherman’s Guide to Building for the Future
If you’re a commercial fisherman planning to build, buy, lease or rebuild a vessel, the Capital Construction Fund (CCF) can be one of the most powerful tax planning tools available to you. The CCF lets you set aside income today, defer federal income tax and use that money later to invest in your fishing business. Let’s discuss the details of this program.
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Business Tips and Tools
Resiliency in the Green Industry: How to be Adaptable in 2025
Factors impacting the Green Industry such as the housing market, tariffs and supply chain disruptions are constantly changing. The key to staying resilient is to be adaptable. Farm Credit East recently hosted a webinar with Texas A&M’s Charlie Hall, providing a review on the fiscal and monetary policies on this horizon that will impact the green industry and how to be resilient in 2025. Following are the key takeaways from this webinar.
March 11, 2025
Crop Insurance
Protecting your Crop: The Value in the Micro Farm Policy for Diversified Farms
Whole Farm Revenue Protection is an important risk management tool for diversified farmers to insure all their crops and livestock in one insurance policy. However, for smaller-to-mid-sized specialty crop producers, the micro farm crop insurance policy is a subset of the whole farm policy that may be a better option. How does the micro farm policy differ from whole farm? Read on to learn more.
March 06, 2025
Ag Economy
Navigating the 2025 Potato Market: What’s in store for the year ahead?
With reduced U.S. production, lower prices and trade implications, the potato industry might face several challenges in the year ahead. Farm Credit East recently hosted a webinar providing a review of 2024 potato production and industry insights for 2025. Following are the key takeaways from this webinar.
March 04, 2025
Tax Talks
Claiming Federal Fuel Tax Credits in 2024: What Farmers Need to Know
Before filing your taxes for 2024, take a look to see if your farm operation can claim the Credit for Federal Tax Paid on Fuels. Today's blog covers the requirements, including a new Fuel Tax Credit Statement checklist which needs submitted as well.
February 27, 2025
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