This month's Knowledge Exchange Partner article explores how proposed H-2A reforms and recent wage-rate changes could affect Northeast agricultural employers, including workforce access, labor costs, program flexibility and compliance—and what these evolving policies may mean for the future of farm labor.
Ag Industry Trends & Outlooks
Knowledge Exchange Partner
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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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The deadline to insure Northeast perennial crops for the 2025 crop year is November 20, 2024. Insurable perennial crops include apples, peaches, grapes, cranberries, blueberries, pears and cherries. Coverage availability varies by county, so please review the information available at CropGrowers.com, or contact a Crop Growers agent.
October 24, 2024
In agriculture, change is a constant. With the many variables those in agriculture deal with each day — weather, wildlife, disease, markets, consumer preferences — technology may be one of the easier variables to adapt, adopt and hopefully add value to the operation for the long term. In fact, farmers are often early adopters of new technologies, but what benefits can new technology, including Artificial Intelligence (AI), bring to an operation? Let’s break it down.
October 22, 2024
The USDA’s Risk Management Agency (RMA) announced that the Enhanced Coverage Option (ECO) will expand coverage to include several fruits for the 2025 crop year and increase premium support to make the coverage more affordable. The ECO will now include apples, blueberries and grapes, providing new coverage opportunities for Northeast fruit producers.
October 22, 2024
The Risk Management Agency (RMA) recently announced expansion of its perennial crop insurance coverage in New Jersey to include grape producers in additional counties and producers in select counties can now obtain coverage for their clams. This expansion will allow Crop Growers, Farm Credit East’s insurance provider, to provide important coverage to mitigate risk for more New Jersey producers.
October 21, 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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