Today’s Harvest Blog

With harvest upon us, apple bins are being filled and moved into storage. While this is a busy time of year for growers, it’s important to ensure you are proactively keeping track of production. We all have different ways to capture production information — whether it be a software with bin tags, hard copy logs from each trucker or sales records. The most important thing is the record keeping is done accurately.  

At Farm Credit East, our focus is always on delivering value to our customers. That starts with a strong, engaged team behind the scenes — employees who are connected, curious and committed to moving our mission forward. Farm Credit East’s Young Professionals program is one way we foster that mindset.

As the agricultural industry continues to evolve, the need for skilled and knowledgeable farm managers has never been greater. Farm Credit East's GenerationNext program is designed to meet this demand by offering comprehensive training for young and beginning farmers, as well as those taking on management roles within their ag businesses. GenerationNext provides the tools and knowledge necessary to succeed in modern farm management.

When starting a new business, there are many challenges and considerations. While entity selection and structure may not be at the forefront for an entrepreneur, making an informed decision early can allow the focus to remain on the business operations and enable a smooth initial tax filing. Let’s examine some key structural considerations and tax implications.