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.
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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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Since 1840, The USDA Census of Agriculture has been the only complete count of U.S. farms and ranches and the people who operate them. If you own or operate a farm that normally sells $1,000 or more of produce annually, this is your opportunity to make sure your operation is counted in this year's census.
June 21, 2022
Last week, Farm Credit staff, directors, farmers, ranchers, foresters and fishermen from across the nation traveled to Washington, D.C., for the bi-annual Farm Credit Fly-In. The two-day event consisted of hundreds of legislative visits, both in-person and virtual, as well as a marketplace showcasing agricultural products from across the country.
November 09, 2021
Climate change is front and center on policymakers’ agendas both with the Biden Administration and the 117th Congress. As highlighted in our Stewards of the Land series, Northeast farm, forest products and fishing businesses are using a variety of new and existing strategies to reduce their carbon footprint and protect the environment.
September 14, 2021
The USDA Agricultural Marketing Service recently announced it would provide more than $350 million in pandemic assistance to dairy farmers through the Pandemic Market Volatility Assistance Program. Read on for more details about payment distribution.
August 24, 2021