Ag Industry Trends & Outlooks

Earlier this month, Executive Order, Emergency Tax Relief on Diesel Fuel, was signed by the President with the purpose of deferring certain diesel fuel tax payment obligations and to provide penalty relief. As a result, the IRS acted and indicated it will not impose a penalty when dyed diesel fuel is sold for use or used on highways nationwide. 

Harvest often provides the clearest picture of a farm's financial performance. This year, many producers are balancing strong yields with continued pressure from fuel, input and operating costs. To help address those challenges, USDA recently announced the new Harvest Fuel Relief Program (HFR), a one-time $8 billion assistance program for agricultural producers. 

In today’s blog, learn about a Regional Credit Leader’s journey from a small dairy farm to leadership, the value he places on collaboration, and how his involvement in the Farm Credit East Young Professionals (YP) program helped shape his career. 

October is Cybersecurity Awareness Month, a time to recognize today’s evolving online threats and the steps everyone can take to stay safer. Every day, cybercriminals develop new ways to steal information, access accounts and trick people into sending money. Technology continues to evolve, but many scams still rely on a simple tactic: convincing someone to trust the wrong person.