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

A man driving large green tractor with a plow driving through  a field of turned soil and some snow covering
Business Tips and Tools
Safety On The Farm: Take It Seriously!

Farming remains one of the most dangerous occupations in the country. Accidents can, and do, happen all the time. It’s important to implement preventative precautions and to be prepared if the worst case scenario happens. 

September 19, 2022

close up of multiple black and white dairy cows in a row eating chopped feed
Business Tips and Tools
9 Numbers to Manage your Dairy Operation

Managing a successful dairy farm means managing a lot of information. One of the things we work with clients on is collecting numbers from your farm, comparing those metrics to industry aggregates, and helping producers understand what that comparison means. Learn the nine numbers we talk to our consulting clients about. 

September 13, 2022

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Tax Talks
Tax Strategies for 2022: Tax Planning for Cash Basis Reporting

In the last Tax Talks, “Tax Strategies for 2022: Understanding Your Tax Liability,” we began to understand the importance of record keeping and tax planning early in the year. In today’s blog, we’ll continue to build upon that foundation as we discuss tax planning for cash basis reporting.

 

September 07, 2022

rectangular word bubble outlined in green on a grey background with the word Tax inside the bubble and the word Talks, under the bubble
Tax Talks
Tax Strategies for 2022: Understanding Your Tax Liability

Have you started tax planning for 2022? First and foremost, you need to have a good record keeping system in place to accurately detail your farm income and expenses. If you wait until the dark, cold months of January and February to do your books for the year when there isn’t much else going on, you’re not going to have the opportunity to accurately tax plan. 

September 01, 2022

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