The Farm Credit Northeast AgEnhancement Program, a joint effort of Farm Credit East, Yankee Farm Credit and CoBank, recently provided funding to 18 organizations for their efforts to support young and beginning farmer initiatives, encourage youth leadership development, and promote northeast agriculture.
There are a number of risk management options for dairy producers, including a new dairy revenue insurance product, to help them protect their businesses against market uncertainty. To learn more about the new dairy revenue product and other dairy risk management options, Farm Credit East and Crop Growers will be hosting a Dairy Risk Management webinar.
Since their peak in 2014, milk prices have fallen by more than 30 percent. In response to this challenging environment, our first article in this month’s Knowledge Exchange Partner looks at the USDA Risk Management Agency’s new crop insurance option, Dairy Revenue Protection, that offers protection against an unexpected decline in milk revenue. The second article introduces our Ag Tech series, a four-article series that looks at a few up-and-coming agricultural technologies and what their adoption could mean for the future of agriculture.
The federal tax law that was passed late in 2017 significantly affects agricultural producers this year. This makes tax planning more important than ever. Farm Credit East recently released a short video summarizing some of these changes and the services it provides to help Northeast agricultural businesses create their tax strategy.