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.
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.
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USDA Emergency Relief Programs for Producers
Emergency Relief Program (ERP) phase one closed on December 16, 2022. Phase two opened on January 23rd and runs through June 2, 2023. The funds appropriated by Congress will be distributed through the Emergency Livestock Relief Program (ELRP) and the ERP. Regarding ELRP, the Farm Service Agency will release more information once they have finished its analysis on the 2021 drought and wildfire impacts on livestock producers.
January 31, 2023
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Financial Management
Liquidity is Essential in Turbulent Times
Originally published in Hoard's Dairyman, this article by Roger Murray, Farm Credit East Chief Marketplace Officer, touches on the importance of maintaining adequate financial liquidity in your dairy operation.
February 02, 2021
Financial Management
Payroll Deferral Update: the risks and benefits of employers’ options
On August 8, President Trump issued an executive order allowing employers to defer withholding and payment of certain employee portions of Social Security taxes. Read more for a big picture overview of employer considerations.
September 10, 2020
Financial Management
Payroll laws are ever-changing — are you keeping up?
Payroll laws are ever changing, especially with recent changes from COVID-19 and the CARES Act — do you feel you’re keeping up? It’s crucial businesses stay up-to-date with payroll taxes and regulations to avoid hefty fines and penalties. Learn more about some of the ag payroll specifics that businesses should be aware of from payroll subject matter expert Lillian Crast.
September 08, 2020
Financial Management
The Juxtaposition of the Paycheck Protection Program and Economic Injury Disaster Loans
The week of April 20, Congress passed another coronavirus aid package that included $310 billion to replenish the Paycheck Protection Program as well as $50 billion for the Economic Injury Disaster Loans (EIDL) and $10 billion for EIDL grants. See the differences in benefits of these two programs.
April 29, 2020
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