Farm Credit East, ACA, the Northeast’s largest agricultural lending cooperative, announced its distribution of a record $65 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 received 20.5 percent of the interest earned in 2018.
Farm Credit East was pleased to sponsor the Farmer Veteran Coalition's Fellowship Fund webinar February 13, 2019. This Fund provides small grants ranging from $1,000-$5,000 to assist beginning veteran farmers. This webinar answered questions regarding the application process and provide an overview of business planning, which is a required part of the application.
The deadline to insure spring crops in the northeast for the 2019 crop year is March 15, 2019. Insurable spring crops include field and vegetable crops such as corn, soybeans, barley, oats, fresh market sweet corn, cabbage, processing beans, processing sweet corn, dry beans, green peas, fresh market beans, tomatoes, tobacco and potatoes.
With over 500 alumni and in continuous operation for over 30 years, few can dispute the fact that the LEAD New York Program has had a dramatic influence on the food, agriculture and natural resource sectors in the northeast. We are pleased to share that we are soliciting applications for our eighteenth class.