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Innovation at Work in Northeast Agriculture

September 17, 2019

Northeast farmers, fishermen and foresters are great examples of innovators. To highlight their efforts, this is the first post in our series on innovative practices Northeast producers are undertaking to create value for their surrounding community and beyond. Our first story comes from Great Bay, NH, where Jay Baker has embraced a mission to not only grow the highest quality of oysters but improve the quality of the waters he farms.

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  • Growing for Tomorrow

    For more than a century, Farm Credit East has taken seriously our charge to provide lending capital and financial services critical to Northeast businesses and communities. As we plan for the future of our cooperative, of utmost importance is serving our members today and supporting the next generation of ag leaders. View our 2018 Annual Report to learn more.

    Customer Assistance Program

    As a customer-owned cooperative, Farm Credit East is committed to providing the services and resources that our members need. That is why we are now offering a customer assistance program at no cost to you. Farm Credit East customers and family members may access the assistance/counseling services of ESI Group by calling 800-252-4555 or visiting theEAP.com. All you need to indicate to use this complimentary service is that you are a Farm Credit East customer. Learn more

  • In The News

    • Farm Credit East Announces Variable Interest Rate Reduction

      Farm Credit East’s Board of Directors approved a reduction in the financial cooperative’s base variable interest rate pricing by one quarter of one percent (.25%). This interest rate reduction applies to all Farm Credit East variable interest rate loan customers and will go into effect on October 1.

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    • Farm Credit East Approves Special Cash Patronage

      Farm Credit East’s Board of Directors recently approved the distribution of a mid-year patronage dividend of $25 million to more than 11,400 farm, fishing and forestry business owners and operators across Connecticut, Maine, Massachusetts, New Hampshire, New Jersey, New York and Rhode Island.

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    • Farm Credit East Announces CEO Transition

      After serving as Chief Executive Officer for 25 years, Farm Credit East CEO Bill Lipinski recently announced his retirement from this position at the end of this year. At its planning session held earlier this week, the organization’s Board of Directors named Michael Reynolds, Chief Business Officer, to become the financial cooperative’s CEO, effective January 1, 2020.

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Knowledge Exchange

Knowledge Exchange Partner

Tomato Exports to the US

In August, the U.S. Department of Commerce initialed a draft agreement with Mexican tomato growers to suspend its ongoing anti-dumping investigation of fresh tomatoes from Mexico. This draft suspension agreement contains a number of enforcement provisions, sets reference prices for tomatoes and closes loopholes from past agreements.

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  • Webinars

    Dairy Risk Management

    Do you have questions about the new Dairy Margin Coverage and the Dairy-Revenue Protection Program? Farm Credit East and Crop Growers, LLP hosted a webinar on Friday, June 14, for attendees to learn about available dairy risk management options offered by USDA and the Risk Management Agency.

  • Reports

    2019 Milk Marketing Update

    In this report, Farm Credit East is pleased to present viewpoints from two leading experts in the field of milk marketing: Dr. Mark Stephenson, Director of Dairy Policy Analysis at the University of Wisconsin, and Lucas Fuess, Director of Dairy Market Intelligence at HighGround Dairy.

New Farmer Programs