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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April 15, 2027
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Farm Credit East offices will be closed on Monday, May 27, in observance of Memorial Day. The Federal Reserve System will also be closed, so ACH/Direct Deposit transactions will not be effective Monday, May 27.
May 20, 2024
May is Mental Health Awareness Month, which is a good time to check in on your own mental wellbeing and that of your family, staff, and loved ones.
May 14, 2024
Crop Growers, the insurance provider of Farm Credit East, provides coverage for reduced quality and production of crops resulting from hail events, giving acre-by-acre protection that can cover up to the full value of the crop.
May 08, 2024
After a rapid rise in 2021 and 2022, the Farm Credit East Production Cost Index has plateaued after relatively modest increases over the previous decade. This index tracks farm production costs on a relative basis, weighted towards costs that affect Northeast producers most. Major components of the index include labor, energy, family living expenses, crop inputs, as well as costs like animal feed and other dairy-related expenses, given that sector’s prominence in our region.
May 06, 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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