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

7 Strategies for Smart Liquidity Management

Farm Credit East Knowledge Exchange

Simply defined, liquidity is having cash or assets on hand to pay bills and expenses. Liquidity is particularly important in agriculture given the unique risks – from fluctuating commodity prices and weather volatility to regulatory constraints — along with the financial characteristics of agricultural businesses, including seasonality, family living needs and capital investment considerations. 

May 21, 2024

Woman standing in agriculture crop field holding and working on an open laptop

Latest Tax Talk

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

Today's Harvest Blog

Capital building with farm field background
Public Policy
2024 Farm Bill Update

The Farm Bill has been bogged down since the Fall while Congress has battled over funding the government. Given it’s an election year, Congressional leaders have acknowledged if the Farm Bill isn’t passed by mid-year, it will likely be extended for another year leaving it for the next Congress to complete. Several Farm Credit backed proposals have been introduced this Congress that would allow Farm Credit to lean into meeting the capital needs of rural America. The intent is for these “marker bills” to be included in the Farm Bill. Here is a summary of four of them.

April 09, 2024

One brown cow with a white face standing in a pasture in the fall
Public Policy
Financial Assistance for Those Who Have Experienced Discrimination from the USDA Farm Service Agency

The USDA and its partner vendors have announced the opening of the application period for Section 22007 of the Inflation Reduction Act (IRA), which directs USDA to provide financial assistance to farmers, ranchers, and forest landowners who experienced discrimination in USDA farm lending programs prior to January 2021. 

October 24, 2023

Public Policy
The 2022 USDA Census of Agriculture – Be Counted!

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

Public Policy
Farm Credit Leaves its Mark on Capitol Hill

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

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