The Farm Bill has been bogged down since the Fall while Congress has battled over funding the government. Given it’s an election year, Congressional leaders have acknowledged if the Farm Bill isn’t passed by mid-year, it will likely be extended for another year leaving it for the next Congress to complete. Several Farm Credit backed proposals have been introduced this Congress that would allow Farm Credit to lean into meeting the capital needs of rural America. The intent is for these “marker bills” to be included in the Farm Bill. Here is a summary of four of them.
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Tax Talks
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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.
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Ag Economy
2022 Northeast Vegetable Crops Outlook
In today's blog, Bradley Rickard, Cornell University gives a review on the northeast vegetable crops industry in 2021, as well as an outlook for 2022. This paper, along with more highlighting other industry outlooks in the Northeast, can be found in Northeast Agriculture: 2022 Insights & Perspectives.
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Educating Youth in Agriculture While Expanding Food Access
Today's blog highlights the Boston, Massachusetts organization The Food Project, and wraps up our four part Environmental, Social, Governance (ESG) series. The Food Project's mission is to create a thoughtful and productive community of youth and adults who work together to build a more just and sustainable food system.
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Improving Access to Fresh Food and Expanding Diversity in Agriculture
Today’s blog continues our series focusing on Farm Credit East’s ESG efforts. Buffalo Go Green is a Buffalo, N.Y., based organization that aims to both expand access to fresh, healthy food, while also growing diversity within the agriculture industry.
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Three River Farmers Alliance: Connecting farmers with expanded markets
Today’s blog kicks off a series that will focus on Farm Credit East’s ESG efforts by highlighting organizations we have supported and the positive impact they have had in developing agriculture’s next generation, increasing access to fresh, healthy food options, and revitalizing rural communities. In this first installment, meet Three River Farmers Alliance based in New Hampshire's Seacoast Region.
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