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

It pays to have Dairy Revenue Protection

Megan Clancy

Why does it pay to have Dairy Revenue Protection (DRP)? DRP sets a quarterly price floor based on Chicago Mercantile Exchange (CME) futures prices to protect dairy producers against unexpected declines in milk revenue. It’s important to protect your operation — and DRP is one of the resources you can have in your toolbox to do so.  


May 22, 2023

Latest Tax Talk

Young woman working on a lap top computer standing in an agriculture field in front of a tractor. Tax Talk logo is in the lower right hand corner.
Tax Talks
New York Farmers and Refundable Investment Tax Credit

The recently enacted New York State budget makes the Investment Tax Credit (ITC) fully refundable for eligible farmers who derive more than two-thirds of their gross income from farming. This provision will be in place through 2027 and will greatly benefit eligible farmers in New York State. Today’s post provides a high-level overview of the ITC.

May 29, 2023

Today's Harvest Blog

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 08, 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. 

October 31, 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
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 25, 2022

Greenhouse worker standing between tables of young yellow sunflowers in bloom taking notes
Business Tips and Tools
Positioning your Business for Financial Success

Every farmer, fisherman or forest product producer defines success differently. For some, success is measured strictly in dollars and cents: the “bottom line.” Others make non-financial goals a priority. These non-financial goals may be very important, but even so, positive earnings are a requirement to achieving them. Read more for five of our best practices for financial success.

October 17, 2022

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