Today’s Harvest Blog

Today’s Harvest is a valued, timely resource for stories, news, tips and information relevant to Northeast agriculture and our customers.
Farm tractor in a field during the fall harvest

Latest From Today's Harvest Blog

Business Tips and Tools

It pays to have Dairy Revenue Protection

Megan Clancy

Why does it pay to have Dairy Revenue Protection (DRP)? DRP sets a quarterly price floor based on Chicago Mercantile Exchange (CME) futures prices to protect dairy producers against unexpected declines in milk revenue. It’s important to protect your operation — and DRP is one of the resources you can have in your toolbox to do so.  


May 22, 2023

Latest Tax Talk

rectangular word bubble outlined in green on a grey background with the word Tax inside the bubble and the word Talks, under the bubble
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 1, 2023

Today's Harvest Blog

Young farmer walking away in a fruit orchard, Mental Health Awareness graphic logo is in the bottom left corner
Business Tips and Tools
Farm Stress, Mental Health, and Mediation and Conflict Resolution-Key Resources for the Agriculture Community

May is Mental Health Awareness Month. To raise awareness around the importance of dealing with issues impacting mental health — from stress to conflict — following are helpful resources available in each Northeast state.

May 16, 2023

Hail Caught in Netting in Apple Orchard with damaged yellow apple and green tree leaves.
Business Tips and Tools
Crop-Hail Coverage: Providing Peace of Mind in the Middle of the Storm

Hail can be a true catastrophe for agricultural businesses. The damage caused by hailstones can destroy a portion of a crop and result in significant financial losses for farmers. Crop-hail insurance is an essential tool for managing this risk.

May 09, 2023

A row of eight to ten black beef cows standing in a grass field
Business Tips and Tools
Livestock Gross Margin Protection - Dairy, Cattle and Swine coverage

LGM is a livestock product that protects producers from declining product prices and increasing feed costs. There are separate programs for dairy, beef cattle and swine, but the program works relatively the same for each. 

April 10, 2023

Manufactured home and garage with red vinyl siding in rural area
Business Tips and Tools
Financing Manufactured Homes

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

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