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In 2023, the Northeast experienced another wet tobacco growing season. Given the high cost of tobacco cultivation (over $1,000 per acre), risk management plans are crucial for producers. Connecticut insured more than 3,000 acres of this valuable crop. The purpose of crop insurance, like any other insurance, is not to bring profits but to make the producer whole again so they can continue to farm the following year.
February 13, 2024
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Farm Credit Connect, Farm Credit East's customer portal provides customers with a secure environment to complete transactions and interact with their Farm Credit East team. Learn more about the features and benefits of using Farm Credit Connect to compliment your Farm Credit East relationship.
January 04, 2024
Getting a loan application ready can be daunting and puzzling. But you don’t need to know all the answers. Lenders, like Farm Credit East, can provide resources and guidance to assist you in determining if a loan is the best answer for you and what you will need to apply and qualify for one.
December 01, 2023
Grants can be a great resource to provide additional funds needed to take on larger projects, but they’re often under-utilized because they can be time consuming and involve quite a bit of paperwork. To help Northeast agricultural producers navigate funding options, Farm Credit East recently released an update to its report, Grants and Incentives for Northeast Agriculture.
August 15, 2023
Country Living Loans from Farm Credit East is able to finance several types of non-conforming real estate that traditional financial institutions can’t, including new construction, vacant land and farms. But what about manufactured homes? To answer this, Mortgage Specialist, Kali Kraeger goes over Country Living Loans financing capabilities.
April 03, 2023
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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