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Inside the 2018 Dairy Margin Protection Program

April 20, 2018

Many dairy producers are facing challenges in the current economic environment. The USDA Farm Service Agency has reopened the signup period for the Dairy Margin Protection Program, under changes to the program made by Congress in February. Farm Credit East and the Program on Dairy Markets and Policy recently hosted a webinar covering this signup reopening and “MPP 2.0.”

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  • Farm Credit East Director Election Results

    Farm Credit East is pleased to announce the results of the 2018 Director Elections. This year we had six outstanding candidates running for three seats. The Farm Credit East Tellers Committee met on April 18. Congratulations to Michael Brooks, of Dusty Lane Farms LLC in Elmer, N.J., who was elected to the 4-year seat in the Eastern Nominating Region; Philip "Jamie" Jones, of Jones Family Farms, LLC in Shelton, Conn., who was elected to a 4-year seat in the Central Nominating Region; and to Terry Zittel, of Amos Zittel & Sons, Inc. in Eden, N.Y., who was elected to a 4-year seat in the Western Nominating Region. Thank you to all who voted in our 2018 elections!

    Farm Credit East: Strong at the Roots

    When we say we are strong at the roots, this means far more than just another year of growth and profitability. It means that we continue to build for the future on a strong foundation that extends beyond the walls of our branch offices. We are committed to finding new ways to deepen our customer commitment, remain innovative in our offerings and bring value to the businesses we serve. Featured at Farm Credit East's Annual Meeting, please enjoy our video, Strong at the Roots.

    View the 2017 Farm Credit East Annual Report

  • In The News

    • FarmStart Program Supports Startup Farm, Fishing and Forest Products Businesses
      April 6, 2018

      Farm Credit’s FarmStart is a unique program that invests working capital of up to $75,000 in northeast agricultural, fishing and forest products ventures showing promise of success. Since the first investment approved in August 2006, FarmStart has invested more than $11.3 million with over 250 agricultural and fishing entrepreneurs throughout the Northeast. One of those recent investments was to young farmer Steven Christianson, owner of Christianson Farm, LLC in Readfield, Maine.

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    • Inside the 2018 Margin Protection Program
      April 3, 2018

      The Bipartisan Budget Act of 2018 resulted in significant changes to the Dairy Margin Protection Program (MPP) for producers. USDA’s Farm Service Agency is expected to announce plans soon on how it’s going to implement these changes. In anticipation of USDA announcing another opportunity for producers to enroll in MPP for 2018, Northeast dairy producers are invited to tune in to a Farm Credit East webinar on Monday, April 9, at 1:00 PM EST. Participation is free. Register now

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    • Farm Credit East Encourages Stockholders to Vote in 2018 Director Elections
      April 2, 2018

      The 2018 director candidates were formally introduced at Farm Credit East’s Annual Meeting last week, and following, voting stockholders were mailed their ballots to vote in the 2018 Director Elections. As a customer-owned cooperative, the annual director election is an important opportunity for stockholders to express their voice in ownership and direction of the cooperative. Farm Credit East encourages members to vote. Ballots must be returned by Tuesday, April 17. View more information on each of this year's six highly-qualified candidates, including written profiles and video interviews, here.

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Knowledge Exchange

Webinars

Annual Northeast Dairy Farm Summary

Given low milk prices, the past several years have been challenging for dairy producers. How did Northeast dairy producers manage last year?

Tune in on Tuesday, May 01, from 11:00 AM to 12:15 PM for the Annual Northeast Dairy Farm Summary webinar. The Dairy Farm Summary is an important study of Northeast dairy economics. This year’s report summarizes the financial performance of Northeast farms in 2017.

Chris Laughton, Farm Credit East’s Director of Knowledge Exchange, will present the results of the summary followed by reaction panel from some of Farm Credit East’s dairy experts. This webinar is free to all participants.

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