The Federal Crop Insurance Corporation (FCIC) has announced sweeping changes to federal crop insurance policies, effective for the 2026 and succeeding crop years. These updates, known as the Expanding Access to Risk Protection (EARP) Final Rule, are designed to modernize the farm safety net, reduce regulatory burdens, and expand coverage options for producers across the country.
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Tax Talks
Maximizing Your Farm’s Bottom Line: Income and Expense Reporting
Filing farm taxes doesn’t have to be confusing. The IRS requires you to report all income unless specifically excluded, and only deduct expenses that are both ordinary—common in farming—and necessary—helpful for your business. Understanding these basics can save you time and stress.
October 27, 2025
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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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