2023 was a challenging year for wood products markets. Rising interest rates hampered demand while capacity ramped up across the south. Paul Jannke, a forest industry expert with Forest Economic Advisors (FEA), recently presented his perspective on the region’s forest product markets and economic outlook.
Today’s Harvest Blog
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Life Insurance Redemptions Falling Under IRS Scrutiny
In the context of farming business structures, acquiring a life insurance policy is a prevalent practice. Here are two common scenarios and an update on an ongoing Supreme Court case involving the IRS concerning the valuation of businesses when insurance payouts are implicated and whether such proceeds are deemed liabilities or not.
April 11, 2024
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Profitability
Returning Customer Value through Patronage Dividends
For the past 28 years, Farm Credit East has returned a share of its earnings to customers in the form of patronage dividends – a benefit of cooperative ownership. In fact, since the patronage program was first adopted, customer-owners of Farm Credit East (and predecessor cooperatives) have received more than $1.4 billion in dividends from ownership of their cooperative. But what exactly is a patronage dividend?
February 27, 2024
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