On October 2, 2025, the U.S. Department of Labor issued a new Interim Final Rule (IFR) that significantly revises how Adverse Effect Wage Rates (AEWRs) are calculated for H-2A guestworkers. AEWRs set the minimum hourly wages that must be paid to H-2A workers and those in corresponding employment. This rule introduces major changes affecting wage structures across Farm Credit East’s eight-state region, with important implications for farm operations and labor management.
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Latest Tax Talk
Tax Talks
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
2025 Grape Harvest Update: Appraisals, SDRP & New Insurance Opportunities
As we embark on the 2025 grape harvest, those who insure their crop must be proactive in ensuring accurate production records and timely completion of appraisals. This year also brings some changes to crop insurance options, so it’s critical producers stay informed. This article provides tips and reminders on these important topics.
October 07, 2025
Crop Insurance
Crop-Hail Coverage: Providing Peace of Mind in the Middle of the Storm
The Northeast U.S. frequently experiences severe weather, including hail, which can severely damage crops and lead to major financial losses for farmers. Due to the unpredictable nature of hailstorms, crop-hail insurance is a crucial safeguard for agricultural businesses. This type of insurance helps cover losses from reduced crop quality and yield caused by hail damage.
May 23, 2025
Ag Economy
2023 Northeast Wine Grape Outlook
Our recently published, 2023 Northeast Wine Grape Outlook, written by Hans Walter-Peterson, Senior Viticulture Extension Specialist Cornell Cooperative Extension, reviews recent years of grape production, and a forecast of what is to come for 2023.
March 28, 2023
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