Ag Industry Trends & Outlooks

As the Northeast experiences more extreme weather, heat stress is a growing concern for farmers and farm workers. Because they spend significant time outdoors doing physically demanding work, this population is particularly vulnerable to heat-related health effects. 

While corn and soybean crop planting is slightly ahead of last year nationally, it is way behind in New York and across the Northeast, due to unusually cold and wet weather, making field work difficult. 

If retirement is on the horizon, the sooner you can start thinking about succession planning, the better. Whether your plan is to transition your business to the next generation or a non-family successor, you should be speaking to a consultant or advisor on how to make it a smooth transition. 

If the past several years have taught us anything, it’s that we need to be agile. While we can’t plan for the unexpected — and the unexpected will come — we can be informed and proactive. Planning ahead using available insights can help you strategically accomplish your business goals. So, what can you do today to set yourself up for success?