Farm Credit East recently hosted a webinar with University of Vermont’s Mark Cannella who provided a glimpse into statistics and trends in North American maple syrup production and a look into the Maple syrup and sugar industry in 2024.
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In the context of farming business structures, acquiring a life insurance policy is a prevalent practice. Here are two common scenarios and an update on an ongoing Supreme Court case involving the IRS concerning the valuation of businesses when insurance payouts are implicated and whether such proceeds are deemed liabilities or not.
April 11, 2024
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Farm Credit Connect, Farm Credit East's customer portal provides customers with a secure environment to complete transactions and interact with their Farm Credit East team. Learn more about the features and benefits of using Farm Credit Connect to compliment your Farm Credit East relationship.
January 04, 2024
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
In the financial world, your cash position is referred to as liquidity, i.e. your ability to pay your bills. Liquidity is important to any agricultural business, yet it may have a heightened significance depending on what you produce, how long it takes you to produce it and how it’s sold or marketed.
October 03, 2022
Originally published in Hoard's Dairyman, this article by Roger Murray, Farm Credit East Chief Marketplace Officer,discusses how to plan ahead in this inflationary environment to ensure more of your gross revenues remains in your pocket.
August 23, 2022