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The agriculture, commercial fishing, forest products and food manufacturing industries are key economic engines in the Northeast, according to an economic impact report recently released by Farm Credit East, the region’s largest agricultural lender.
October 30, 2024
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Farm Credit East has announced its awarding of six scholarships to students involved in The National Future Farmers of America (FFA) Organization to support their Supervised Agricultural Experience (SAE). The scholarship recipients had strong projects and expressed a clear understanding of their projects’ impacts on their future careers in agriculturally related fields.
October 23, 2024
The USDA’s Risk Management Agency (RMA) announced that the Enhanced Coverage Option (ECO) will expand coverage to include several fruits for the 2025 crop year and increase premium support to make the coverage more affordable. The ECO will now include apples, blueberries and grapes, providing new coverage opportunities for Northeast fruit producers.
October 22, 2024
The Risk Management Agency (RMA) recently announced expansion of its perennial crop insurance coverage in New Jersey to include grape producers in additional counties and producers in select counties can now obtain coverage for their clams. This expansion will allow Crop Growers, Farm Credit East’s insurance provider, to provide important coverage to mitigate risk for more New Jersey producers.
October 21, 2024
Following the recent devastating weather events in the southeast U.S., Farm Credit East has announced its Farm Credit East Cares Community Fund will donate $20,000 to relief efforts, including to organizations supporting the region’s agricultural producers and Farm Credit System employees.
October 17, 2024
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