This month's Knowledge Exchange Partner highlights a series of Industry Snapshots compiled by Farm Credit East's Director of Knowledge Exchange, Chris Laughton. In addition to a summary of the national economy, northeast farm economy sectors such as dairy, cash field crops, and fruit are also included.
Ag Industry Trends & Outlooks
Discover insights, trends, ag market outlooks and other topical information as it relates to the Northeast's diverse agricultural industries. Brought to you by Knowledge Exchange from Farm Credit East.
Knowledge Exchange Partner
Latest From Today's Harvest Blog
Farm Credit
Giving Thanks for Northeast Agricultural Producers
At Thanksgiving, we give thanks for many things. We are thankful for our families, loved ones and the food we sit down to share as we celebrate the holiday — along with the Northeast producers who will make our Thanksgiving meal possible.
November 21, 2023
Featured Webinar
Business Tips and Tools
Fruit Crop Insurance Program – How Crop Insurance Responds After a Loss
This webinar led by crop insurance specialists from Crop Growers will discuss how crop insurance policies respond to losses and what steps farmers need to take to take in the event of a loss. Join us on Thursday, July 6th at 12 noon to learn more.
July 6, 2023
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Tax Talks
New York Farmers and Refundable Investment Tax Credit
The recently enacted New York State budget makes the Investment Tax Credit (ITC) fully refundable for eligible farmers who derive more than two-thirds of their gross income from farming. This provision will be in place through 2027 and will greatly benefit eligible farmers in New York State. Today’s post provides a high-level overview of the ITC.
May 29, 2023
Tax Talks
The Tax Code and Residual Soil Fertility
Recently, an old tax concept began to resurface. Farmers are asking whether they can write off residual fertilizer in the purchase of farmland. Most farmers realize, the purchase of farmland is nondeductible and thus finding deductions during the purchase of farmland can be beneficial to help cash flow the purchase.
May 01, 2023
Knowledge Exchange Partner
Rising Input Costs, Falling Commodity Prices to Squeeze Producer Margins in 2023
Dr. Bob Maltsbarger, senior research economist with the Food and Agricultural Policy Research Institute, gives his insights on continued high input costs and the state of the cash grain and oilseed industries for 2023 in this month's Knowledge Exchange Partner.
April 01, 2023
Business Tips and Tools
Understanding your Cost of Production
Risk management is the name of the game. If you know your Cost of Production (COP), your risk management strategy can set you up to preserve three things: liquidity, equity for future investments and equity for retirement.
February 06, 2023
The Ag Globe Trotter Weekly
Dr. Kohl is Professor Emeritus of Agricultural Finance and Small Business Management and Entrepreneurship in the Department of Agricultural and Applied Economics at Virginia Polytechnic Institute and State University. In addition to his weekly and quarterly articles on the ag economy, Dr. Kohl has traveled more than eight million miles throughout his professional career and has conducted over 6,000 workshops and seminars for various agricultural groups.
Northeast Economic Engine
Download Farm Credit East’s Northeast Economic Engine report, which analyzes the economic impact of the Northeast agriculture, forest products and commercial fishing industries. This report was released in November 2020.
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