In this month's Knowledge Exchange Partner article, Andrew Adams, Senior Editor with WineBusiness Monthly examines the challenges facing U.S. wineries in 2027 as consumption declines, costs rise and competition intensifies and discusses how long-term success will depend on stronger hospitality, targeted marketing, customer relationships and technology investments as the industry approaches a smaller market.
Ag Industry Trends & Outlooks
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Latest From Today's Harvest Blog
As a tax specialist with Farm Credit East's Financial Accounting Services (FAS) team, Phil helps agricultural businesses navigate everything from annual tax preparation and year-end planning to farm transitions and succession planning. While tax season is certainly a busy time, his work extends far beyond April deadlines.
November 3, 2026
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April 15, 2027
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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.
October 22, 2026
For many crop producers, USDA's 2025 Agriculture Risk Coverage (ARC) and Price Loss Coverage (PLC) payments are expected to arrive beginning in October 2026. While these payments can provide valuable financial support, they may also create new planning opportunities and tax considerations for your farm.
September 28, 2026
Trump Accounts officially kicked off July 4, 2026, offering a new way to save for a child’s future. A Trump Account is a traditional IRA with specific rules that enable families to start saving and investing for a child early with greater flexibility than a standard retirement account. Any child under age 18 with a Social Security number is eligible for a Trump Account.
July 28, 2026
After filing their 2025 tax returns, Farm Credit East learned that many farm taxpayers received an adjustment notice from New York State reducing the amount of their requested refund. The adjustments stemmed from a disallowance of the Farm Employer Overtime Tax Credit claimed on form CT- or IT-661.
July 17, 2026
Northeast Economic Engine
Download Farm Credit East’s Northeast Economic Engine report, which analyzes the economic impact of the Northeast agriculture, forest products, commercial fishing and food manufacturing industries. This report was released in October 2024.
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