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

Crop Insurance

Another Wet One – How Crop Growers Can Help Northeast Tobacco Growers

Daniele Harris

In 2023, the Northeast experienced another wet tobacco growing season. Given the high cost of tobacco cultivation (over $1,000 per acre), risk management plans are crucial for producers. Connecticut insured more than 3,000 acres of this valuable crop. The purpose of crop insurance, like any other insurance, is not to bring profits but to make the producer whole again so they can continue to farm the following year.

February 13, 2024

Three farmers walking side by side in a crop field during sunset with the Crop Growers logo over the image

Latest Tax Talk

Confident female farmer standing outdoors near car on background with farm field on fall day, signing some papers
Tax Talks
What you Need to Know about Beneficial Ownership Information Reporting for your Business

Starting January 1, 2024, most United States (U.S.) entities must report information about the beneficial owners of their businesses to strengthen the integrity of the U.S. financial system by making it harder for illicit actors to use shell companies to launder their money or hide assets. This blog article explores the key elements of the BOI reporting rule and what actions your business needs to take. 

January 18, 2024

Today's Harvest Blog

Young woman farmer standing in cornfield
Business Tips and Tools
GenerationNext Seminars Help Prepare Tomorrow’s Northeast Ag Leaders

GenerationNext is a series of seminars, hosted by Farm Credit East, designed to advance the management skills and business knowledge of the next generation of ag business managers. 

October 17, 2023

Data security illustration
Business Tips and Tools
Keep Your Online Information Safe: 3 Security Habits You Can Start Today!

October is Cybersecurity Awareness Month. Farm Credit East’s security team is working to educate customers and staff about security  best practices to use in their work and personal lives. There are a few things you can implement today to keep you and your information safe.

October 12, 2023

Close up view of harvested yellow apples in large open top storage bins in apple orchard.
Crop Insurance
Risk Management Agency Develops New Policy for Apple Producers

The Risk Management Agency’s (RMA) Apple Crop Insurance Policy has become a mainstay of risk management in the United States apple industry. The working relationship between apple producers and RMA has resulted in a program that met most of the industry’s needs. 

October 02, 2023

Woman farmer using a laptop in crop field in front of a tractor. Tax Talk logo in bottom righ corner.
Tax Talks
Defining Pass Through Entity Tax

In 2017, the Tax Cuts and Jobs act was passed, putting a $10,000 limit on the amount of state and local tax that can be deducted on an individual's tax returns. For high income taxpayers that also pay a significant amount of property taxes, they quickly get to this $10,000 cap. For taxpayers who own pass thru entities such as partnerships and S-Corps, there is a potential way around this cap. This work around is called the Pass-Through Entity Tax.

September 29, 2023

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