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.
Today’s Harvest Blog
Today’s Harvest is a valued, timely resource for stories, news, tips and information relevant to Northeast agriculture and our customers.
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Latest Tax Talk
Tax Talks
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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Tax Talks
IRS Provides Penalty Relief for Farmers
Notice 2022-13 was recently released and provided all qualifying farmers with relief from the March 1 deadline, so long as they file and pay their taxes by April 18 (or April 19 for Maine and Massachusetts farmers). In today's Tax Talks, Senior Tax Consultant, Dario Arezzo outlines the impacts Notice 2022-13 may have when examining your tax options.
March 29, 2022
Business Tips and Tools
Planning a Good Year
Whether you're planning for a banner year or bracing for the worst, the main factors in any business are planning and communication. Farm Credit East Business Consultant, Ethan Robertson, gives some specific examples of planning for the year ahead, as well as succession planning for further into the future.
March 22, 2022
Ag Economy
2022 Dairy Outlook
In today's blog, Christopher Wolf, PhD, Cornell University, gives a recap on the dairy industry in 2021, as well as an outlook for 2022. This paper, along with more highlighting other industry outlooks in the Northeast, can be found in Northeast Agriculture: 2022 Insights & Perspectives.
March 15, 2022
Business Tips and Tools
The Ability to Change -That's the Secret Sauce
Originally published in Hoard's Dairyman, this article by Roger Murray, Farm Credit East Chief Marketplace Officer, examines the characteristics and process of operating a business with a sustainable competitive advantage.
March 08, 2022
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