Today’s Harvest Blog

Today’s Harvest is a valued, timely resource for stories, news, tips and information relevant to Northeast agriculture and our customers.
Farm tractor in a field during the fall harvest

Latest From Today's Harvest Blog

Public Policy

2024 Farm Bill Update

Tom Cosgrove

The Farm Bill has been bogged down since the Fall while Congress has battled over funding the government. Given it’s an election year, Congressional leaders have acknowledged if the Farm Bill isn’t passed by mid-year, it will likely be extended for another year leaving it for the next Congress to complete. Several Farm Credit backed proposals have been introduced this Congress that would allow Farm Credit to lean into meeting the capital needs of rural America. The intent is for these “marker bills” to be included in the Farm Bill. Here is a summary of four of them.

April 9, 2024

Capital building with farm field background

Latest Tax Talk

Adult male farmer sitting on open trunkbed in a crop field using a laptop
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

Today's Harvest Blog

Apple on tree
Ag Economy
5 Takeaways from the 2024 Apple Outlook

According to the USAppleTracker monthly storage report, November holdings were 191 million bushels – an all-time high, eclipsing the mark set during the 2014/15 season. What does this mean for the 2024 season? Farm Credit East recently hosted a webinar with Chris Gerlach, USApple’s Director of Industry Analytics, to find out.

April 04, 2024

Dairy cows in barn with feed
Crop Insurance
Two Powerful Safety Nets for Dairy Producers – Are You Covered?

As dairy producers know all too well, the dairy industry is prone to significant volatility and risk. Fluctuations in milk prices, feed costs and other factors can wreak havoc on profit margins. Fortunately, there are two important risk management tools available to dairy operations, Dairy Margin Coverage and Dairy Revenue Protection.

April 02, 2024

Close up image of grain crop growing in a field ready for harvest
Ag Economy
2024 Grain and Oilseed Outlook

Dr. Bob Maltsbarger, Senior Research Economist with the Food and Agricultural Policy Research Institute, gives his insights on the state of the cash grain and oilseed industries for 2024, including U.S. production, supply and demand trends, competition from other countries, weather-related market fluctuations, and other industry related conditions in this year's industry outlook report.

March 26, 2024

Ag Economy
Celebrating National Ag Day with Highlights from the USDA Ag Census

On the first day of spring, we salute the hardworking farmers in the Northeast and across the nation as we celebrate National Agriculture Day.   

March 19, 2024

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