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.
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.
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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
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Ag Economy
2021 Fruit Industry Snapshot
Different sectors of the fruit industry had highs and lows in 2020. Apples showed a smaller crop than usual, but cranberries did well due to increased retail juice sales. The wine and craft beverage sector was hit hard early in 2020 due to COVID-19 restrictions, but bounced back with the availability of online ordering and curbside pickup.
April 06, 2021
Ag Economy
2021 Livestock Industry Snapshot
The livestock industry had some difficulties in 2020, mainly due to production pivoting from food service markets to retail, as well as complications with meat packing plant shutdowns throughout the year.
March 23, 2021
Ag Economy
2021 Timber and Forest Products Industry Snapshot
The timber and forest products industries did not fare too badly during the COVID-19 pandemic, however production pivoted drastically in many areas due to shutdowns and restrictions. Read on for a more in-depth look of the current market.
March 16, 2021
Ag Economy
2021 Aquatic & Fishing Industry Snapshot
Similar to many industries during the COVID-19 pandemic, the aquaculture and commercial fishing industries saw their share of trials, especially with the initial shutdown of restaurants and export markets. Read on for a current snapshot of these industries.
March 09, 2021
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