The dairy industry continues to face a highly volatile environment. Milk prices, feed costs, global demand shifts and weather variability all contribute to uncertainty in farm revenue. While risk is unavoidable, how producers manage that risk can have a meaningful impact on long‑term profitability and financial stability.
Today’s Harvest Blog
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Northeast farms innovate every day—and some of that experimentation may qualify for the federal Research & Development tax credit. Using a recent U.S. Tax Court case, we shed some light on how the credit works, what expenses may count, and why strong, documentation can make or break a claim.
April 22, 2026
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The short stretch of warm days in April prompted an early start to the growing season for vineyards and orchards across the Northeast. Many growers weren’t too worried given the mild winter. They thought, “As long as there’s no freeze, we’ll be ok.” Unfortunately, the early morning hours of May 18, 2023, brought those low temperatures that were looming in the back of everyone’s mind. What do you do now?
June 05, 2023
The recently enacted New York State budget makes the Investment Tax Credit (ITC) fully refundable for eligible farmers who derive more than two-thirds of their gross income from farming. This provision will be in place through 2027 and will greatly benefit eligible farmers in New York State. Today’s post provides a high-level overview of the ITC.
May 29, 2023
Why does it pay to have Dairy Revenue Protection (DRP)? DRP sets a quarterly price floor based on Chicago Mercantile Exchange (CME) futures prices to protect dairy producers against unexpected declines in milk revenue. It’s important to protect your operation — and DRP is one of the resources you can have in your toolbox to do so.
May 22, 2023
May is Mental Health Awareness Month. To raise awareness around the importance of dealing with issues impacting mental health — from stress to conflict — following are helpful resources available in each Northeast state.
May 16, 2023