Latest News

May 04, 2015
Webinar on Dairy Farm Financial Report

Farm Credit East, the leading lender to the Northeast dairy industry, hosted a webinar: Dairy Update – 2014 Summary Report / 2015 Outlook, for dairy farmers and other interested parties on Monday, May 4. A recording and the presentation materials from this webinar are now available.

May 01, 2015
Farm Credit System Reports First Quarter 2015 Combined Results

Favorable financials reported for the period ending March 31, 2015.

April 28, 2015
Important New Crop Insurance Deadline

Farm Credit East and Crop Growers LLP reminds producers of the conservation compliance requirement mandated in the 2014 Farm Bill. To be eligible for federal crop insurance premium support for the 2016 crop, producers must have an up-to-date and accurate AD-1026 form on file with USDA Farm Service Agency (FSA) before June 1, 2015.

April 20, 2015
Updated Industry Outlooks Released

Farm Credit East has released updated business outlooks for the dairy and grain industries, as well as input costs.

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2015 Director Elections

Four candidates have been elected to the Farm Credit East Board of Directors.

Farm Credit East, a farmer-owned cooperative lender, has announced the results of its recent Director elections and Board reorganization meeting. The Board, comprised primarily of farmers, represents the diversity of Northeast agriculture and the forest products industry. 

Farm Credit East, ACA stockholder-customers recently elected four members to its Board of Directors:

  • Henry L. Huntington, of Loudon, N.H., was elected to a 4-year term. Henry is president and CEO of Pleasant View Gardens, Inc., a 14-acre wholesale greenhouse operation.
  • Daniel J. Corey was re-elected to a 4-year term. Dan owns and oversees Daniel J. Corey Farms, a diversified agricultural business in from Monticello, Maine.
  • Laurie K. Griffen was re-elected to a 4-year term. Along with her husband Steve, Laurie co-owns and operates Saratoga Sod Farm, Inc., a 600 acre turfgrass farm in Stillwater, N.Y.
  • Peter Call, of Batavia, N.Y., was elected to a 4-year term. Peter is president of My-T Acres, Inc., an 8,500-acre vegetable and grain operation.

In addition, the Board recently appointed Tim Chan, of Claremont, NH, to serve as an outside director. Tim was the Senior Vice President and Chief Financial Officer of Ocean Spray Cranberries, Inc., North America’s leading producer of canned and bottled juices and juice drinks.

At the April 29 reorganization meeting, the Board re-elected Andrew Gilbert, Potsdam, N.Y., as its chair and Matthew Beaton, Wareham, Mass., as vice chair. In addition to Chairman Gilbert and Vice Chairman Beaton, the five-member Executive Committee includes Daniel Corey, Monticello, Maine; Richard Janiga, East Aurora, N.Y.; and Laurie Griffen, Stillwater, N.Y.

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