The dairy industry continues to face a highly volatile environment. Milk prices, feed costs, global demand shifts and weather variability all contribute to uncertainty in farm revenue. While risk is unavoidable, how producers manage that risk can have a meaningful impact on long‑term profitability and financial stability.
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Tax Talks
Revisiting the NYS Farm Employer Overtime Credit for 2026
In this update, we share key 2026 changes to New York’s Farm Employer Overtime Credit, including expanded eligible overtime hours, shifting thresholds, and new certification requirements for all farm employers. We also highlight reminders on payroll adjustments and advance payment options to help farmers stay compliant and prepared for the season ahead.
March 31, 2026
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Crop Insurance
Whole Farm Revenue Protection Just Got Better: What Farmers Need to Know Under the One Big Beautiful Bill
The recently passed One Big Beautiful Bill marks a pivotal moment for risk management in American agriculture. Among the most farmer-friendly changes is the overhaul of the Whole Farm Revenue Protection (WFRP) program — an insurance policy designed to provide a safety net for diversified farms based on their historic revenue.
August 07, 2025
Crop Insurance
Risk Management Gets a Boost: LRP Beef on Dairy Coverage Explained
Livestock Risk Protection (LRP) is a federally subsidized risk management program designed to protect against a decline in livestock prices, allowing producers to set a price floor and mitigate risk from marketplace volatility.
July 22, 2025
Crop Insurance
Proactive Strategies for Business Success: Protecting your investment with crop insurance
While we can’t predict the future, we can certainly plan for the unexpected, and crop insurance is an important tool to help producers do just that. Ag businesses that are eligible for crop or livestock insurance should consider the value risk management tools can provide. So, what are the next steps for protecting your investment with crop insurance?
July 15, 2025
Crop Insurance
Livestock Risk Protection (LRP) Expanded Coverage: What Livestock and Dairy Producers Need to Know
The USDA Risk Management Agency (RMA) has announced significant updates to the Livestock Risk Protection (LRP) program for the 2026 crop year, effective July 1, 2025. These changes are designed to give producers more tools to manage risk and better align coverage with market dynamics.
June 16, 2025
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