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.
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.
Farmers’ markets are located in all U.S. states and territories, but they are most concentrated on the east and west coasts. Of the 8,742 markets on the USDA list, 19 percent of them are located in the Northeast. National Farmers’ Market Week kicks off on August 5, and this month’s Knowledge Exchange Partner provides an overview of Northeast farmers’ markets and their importance as a marketing channel for many Farm Credit East customers who sell directly to consumers. We also give a summary of our annual mid-year agricultural conditions report, which reports on net farm income, the latest tariffs, trade, input costs and a report on Northeast ag sectors.
Farm Credit East recently launched a section on its website containing snapshots for nine Northeast agriculture industries. These snapshots provide industry-specific year-to-date updates on economic conditions in various sectors of agriculture.