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.
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Boosting Dairy Farm Resilience: How the DRP Program Helps Manage Revenue Risks

The dairy industry is inherently unpredictable, with market fluctuations, weather conditions, and production variables all contributing to an unstable income landscape for dairy farmers. Dairy Revenue Protection (DRP) is a valuable tool to mitigate these risks and provide a more stable financial footing.

June 4, 2024

Inside view of dairy cow barn with cows eating

Latest From Today's Harvest Blog

general economic
Business Tips and Tools
Business Basics for Beginning Farmers

One of the great things about owning or starting your own business is that you determine your business goals and how you want to achieve them. So, what are the business basics that help you remain profitable so you stay on track toward achieving your business goals?

June 18, 2024

Featured Webinar

Grapes frost damage. Frost Grape by slight frost winter injury.
Crop Insurance
Crop Insurance Claims for Grape Losses

Join Farm Credit East and Crop Growers for an insightful webinar tailored for grape producers, specifically designed to address the challenges following the April 25, 2024, freeze event. This session will provide you with the knowledge and tools necessary to effectively navigate the claim process.

Register Here

June 25, 2024

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Tag: taxes 
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Tax Talks
Handling State Tax Refunds from Business Tax Credits

With many taxpayers having filed their 2023 taxes, refunds are appearing in their bank accounts. There may be a question of what to do with these funds. Particularly for those in states that had an expansion of refundable credits generated from farm businesses.

May 29, 2024

Adult male farmer sitting on open trunkbed in a crop field using a laptop
Tax Talks
Life Insurance Redemptions Falling Under IRS Scrutiny

In the context of farming business structures, acquiring a life insurance policy is a prevalent practice. Here are two common scenarios and an update on an ongoing Supreme Court case involving the IRS concerning the valuation of businesses when insurance payouts are implicated and whether such proceeds are deemed liabilities or not.

April 11, 2024

Woman in front of tractor in agriculture field holding and looking at a laptop computer, with tax talk logo in corner
Tax Talks
New York Farm Overtime Credit – What you need to know Part II

Today, we continue the conversation about the New York Farm Overtime Credit by looking at helpful tips and potential pitfalls employers need to understand as they get ready for January 1, 2024.

December 29, 2023

Woman in agriculture crop field holding and looking at a laptop, with the Tax Talk logo
Tax Talks
Energy Credits: A Look at Applicable Provisions for the 2023 Tax Year

As we look at applicable provisions for the 2023 tax year, two credits we get the most questions about as farm tax preparers are the Solar Energy Property Credit and the Clean Vehicle Energy Credit. Here we focus on these two credits, but also touch on other energy property credits to consider as you ready your 2023 year-end materials for your tax preparer.

December 27, 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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2020 Northeast Economic Impact Report Cover