Across the country, dairy producers are seeing an unexpected bright spot in their bottom lines — record-high calf prices. In the past month, feeder cattle prices have reached record highs, with beef calf prices surpassing $1,600 per head. The growing beef-on-dairy trend has transformed calf sales into a meaningful revenue stream, adding $3.00 or more per hundredweight to many producers’ bottom lines.
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Maximizing Your Farm’s Bottom Line: Income and Expense Reporting
Filing farm taxes doesn’t have to be confusing. The IRS requires you to report all income unless specifically excluded, and only deduct expenses that are both ordinary—common in farming—and necessary—helpful for your business. Understanding these basics can save you time and stress.
October 27, 2025
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Crop Insurance
Protect Your Hay Production with Pasture, Rangeland and Forage Crop Insurance
If you're a livestock or hay producer concerned about unpredictable weather affecting your forage production, Pasture, Rangeland, and Forage (PRF) insurance is an important risk management tool to protect your operation from insufficient rainfall, offering flexible coverage levels and automatic claims processing.
July 31, 2024
Crop Insurance
Another Wet One – How Crop Growers Can Help Northeast Tobacco Growers
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.
February 13, 2024
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