Search

The Farm Credit System today reported combined net income of $1.6 billion and $4.4 billion for the three and nine months ended September 30, 2020, as compared with $1.4 billion and $4.1 billion for the same periods of the prior year.

Join Farm Credit East and representatives of the United States Department of Agriculture Farm Service Agency for a discussion of the second round of the Coronavirus Food Assistance Program (CFAP 2) focused on specialty crop producers, including floriculture and nursery crops, fruit, vegetable and tobacco growers, aquaculture, maple producers, and others.

A successful manager is required to master many aspects of the farm business. To help the next generation develop the necessary business and financial skills, Farm Credit East is hosting GenerationNext seminars virtually this winter, and currently seeks interested young leaders to attend.

Join Farm Credit East on Wednesday, March 15, at 12 p.m. for a free webinar that will provide a recap of the maple industry in 2022, as well as economic projections for the year ahead. 

The Farm Credit System today reported that combined net income increased 3.5% to $1.8 billion and 3.7% to $3.6 billion for the three and six months ended June 30, 2022, as compared with net income of $1.7 billion and $3.4 billion for the same periods of the prior year.

Farm Credit East hosted a webinar September 30 that presented a recap and update on the Paycheck Protection Program (PPP) loan forgiveness process.

The Farm Credit East Cares Community Fund announced today it will donate $100,000 to organizations assisting producers recovering from July’s heavy rains and devastating flooding. Recipients of these funds include the Vermont Community Foundation and the Massachusetts Farm Resiliency Fund.

Last fall, Farm Credit East announced the opening of nominations for its newly created Lipinski Rural Initiatives Award. In honor of former CEO Bill Lipinski, the Lipinski Rural Initiatives Award aims to recognize innovative and transformational efforts to revitalize Northeast rural communities. The nomination deadline for this inaugural award has been extended to February 15, 2021.

Farm Credit East posted strong financial results for the six month period ending June 30, 2020.

Challenges in milk transportation are not new. This report focuses on 2023 qualitative information, rather than quantitative statistics including, Key Challenges Facing Milk Haulers, and Possible Areas for Improvement.