Farm Credit East, ACA, the Northeast’s largest agricultural lending cooperative, announced its distribution of a record $60 million in cash patronage dividends 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. On average, eligible customers will receive 22.5 percent of the interest earned in 2017.
One of the most pressing issues facing the ag community is labor. How do we secure reliable farm labor to fill seasonal needs? Advertising doesn’t seem to work and if you are lucky enough to hire U.S. workers, they may not stay more than a few days. To help northeast producers navigate the complex maze of the H-2A agricultural visa program, Farm Credit East hosted a webinar February 22.
Farm Credit East recently released its 2018 industry outlook report. This report addresses market outlooks for multiple industries, including dairy, grain, vegetables, fruit, greenhouse and nursery, commercial fisheries, and forest products. It also provides information on crop insurance, consumer buying behavior for ag retailers and an update on the Food Safety Modernization Act.
Farm Transition Planning is a topic that every ag business farm owner/operator will have to face as they wind down their career. It is also an easy topic to put off to “someday”. Farm Credit East Business Consultant Jon Jaffe discussed the “five hurdles” you need to overcome to successfully transition your ag business in this webinar recording.