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

Understanding your Cost of Production

Daniele Ricci

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. 

February 7, 2023

looking up from the ground at a man with baseball cap on standing in cornfield working on a digital tablet,

Latest Tax Talk

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Tax Talks
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

Today's Harvest Blog

agriculture field of mowed dry hay in fall with close up of round bale of hale, trees in background have multi colored leaves
Business Tips and Tools
Pasture, Rangeland, and Forage Insurance Policy – Winter Precipitation Affecting a Summer Crop?

Pasture, Rangeland, and Forage (PRF) is a highly subsidized risk management plan geared toward hay producers or those producing hay for grass fed cattle. Did you know that snowfall creates the water table for the following growing season. If there is less snowfall than the past 50+ years’ average, there will be less water, and your PRF policy could pay you an indemnity.

November 15, 2022

Farm Credit East Gives Thanks
Farm Credit
The Farm Credit East Team Gives Thanks

‘Tis the season to give thanks!

As we approach Thanksgiving and the holiday season, we asked some of our teammates to reflect on what they’re grateful for. I think you’ll notice some common themes, from family, friends and coworkers to the great agricultural community we serve every day. Read on for their responses. 

November 09, 2022

Close up of red and green apples in various medium baskets
Business Tips and Tools
How Does Apple Insurance Protect Quality?

Pick-your-own apple orchards are familiar with wasted apples. Customers may take a bite of a few apples while picking or toss a few on the ground during their stay. While crop insurance doesn’t cover these unfortunate losses, it can help with apple quality before the masses visit the orchard. 

November 01, 2022

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Tax Talks
Employee Retention Credit and Supply Chain Disruptions

The Employee Retention Credit (ERC) is a refundable tax credit that taxpayers could obtain by meeting a quantitative test for either a decline in revenues, or because their business was shut down wholly or partially due to a governmental order. This shutdown test includes “supply chain disruptions.” Today’s Tax Talk considers how the IRS views a supply chain disruption.

October 26, 2022

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