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.
Today’s Harvest Blog
Latest From Today's Harvest Blog
Today's Harvest Blog
The search results are displayed
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
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
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
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