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Adverse Effect Wage Rates Updated for H-2A Program
Webinars
2021 Lumber Market Outlook
Reports
Northeast Agriculture: 2021 Insights & Perspectives
general economic
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Global Agricultural Trade Update
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Federal Crop Insurance Programs: A Good Deal for Northeast Producers
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Farm Credit East Production Cost Index Reaches New High
  
  
  
  
  
  
  
  

Reports

Northeast Agriculture: 2021 Insights & Perspectives

This report provides an economic analysis and papers on agriculture, commercial fishing and the forest products industry.
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2021 Lumber Market Outlook

North American lumber markets soared to record levels in 2020, driven higher by strong end-use market consumption and supply side constraints. Will we see another record year in 2021? Paul Jannke of Forest Economic Advisors discussed demand side drivers for lumber markets, whether or not supply will respond to the high prices and what he expects for lumber markets in 2021-22.

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Adverse Effect Wage Rates Updated for H-2A Program

As the number of foreign agricultural workers in the U.S. has risen, so have the adverse wage rates for those in the H-2A temporary work visa program. This Knowledge Exchange Partner article examines the increased wages H-2A employers are required to pay in 2021.

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Latest From Today's Harvest Blog

  • vegetables

    2021 Vegetable Industry Snapshot

    Vegetable growers in the Northeast experienced significant draught in 2020, which is continuing through 2021. Growers selling to foodservice markets had to adjust their marketing, but those selling to grocery stores or direct-to-consumer have seen good sales. Like other agricultural commodities, vegetable demand has shifted but is still strong.

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  • Employee Retention Credit: Partially Shut Down, Defined

    Last month’s Tax Talks discussed the Employee Retention Credit’s (ERC) expansion throughout the 2021 tax year and took a look at the revenue tests for qualification. In this blog, we’ll take a closer look at IRS guidance surrounding what it means for a business to be partially shut down.
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  • Northeast Producers are Implementing Environmentally-Friendly Practices

    As we celebrate Earth Day, we at Farm Credit East wanted to highlight Northeast producers who have implemented environmentally friendly practices in their operations. We believe few are more committed to the health of our land, air and water than those who work farms, forests and waterways every day — and we want to share their stories!

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  • 2021 Cash Field Crops Industry Snapshot

    Cash field crops had a relatively good year in 2020, with most corn and soybean yields higher than 2019 averages. Ethanol production decreased due to reduced exports and domestic gasoline demand, however production levels should increase this year.

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  • legislative info

    How will the 117th Congress Navigate these Turbulent Times?

    Sworn in amid the ongoing worldwide pandemic and followed by an attack on the Capitol days later, the 117th Congress began its work during a turbulent time in our nation. While their current priority is working with a new administration on additional pandemic relief, a key question for Farm Credit East members is how the new Congress will address the issues facing Northeast agriculture, forest products and commercial fishing.

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  • 2021 Fruit Industry Snapshot

    Different sectors of the fruit industry had highs and lows in 2020. Apples showed a smaller crop than usual, but cranberries did well due to increased retail juice sales. The wine and craft beverage sector was hit hard early in 2020 due to COVID-19 restrictions, but bounced back with the availability of online ordering and curbside pickup.

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  • American Rescue Plan Act Extends Employee Retention Credit

    The American Rescue Plan Act extended the Employee Retention Credit through December 31, 2021. Farm Credit East Senior Tax Consultant Dario Arezzo explains implications for tax planning purposes in this month's Tax Talks.

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  • 2021 Livestock Industry Snapshot

    The livestock industry had some difficulties in 2020, mainly due to production pivoting from food service markets to retail, as well as complications with meat packing plant shutdowns throughout the year.

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  • 2021 Timber and Forest Products Industry Snapshot

    The timber and forest products industries did not fare too badly during the COVID-19 pandemic, however production pivoted drastically in many areas due to shutdowns and restrictions. Read on for a more in-depth look of the current market.

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  • 2021 Aquatic & Fishing Industry Snapshot

    Similar to many industries during the COVID-19 pandemic, the aquaculture and commercial fishing industries saw their share of trials, especially with the initial shutdown of restaurants and export markets. Read on for a current snapshot of these industries. 

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  • 2021 Greenhouse & Nursery Snapshot

    2020 was an exceptional year for the green industry overall. Check out this blog for a quick snapshot of the greenhouse and nursery industries.

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  • 2021: A Good Time for an Intentionally Defective Grantor Trust?

    Farm Credit East Senior Tax Consultant, Dario Arezzo, explains the benefit of an Intentionally Defective Grantor Trust for estate planning and generational transfer purposes, as well as the tax implications.

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  • 2021 Dairy Industry Snapshot

    2020 was a tough year for many agricultural sectors, with dairy being one of the most affected. 2021 seems to offer little improvement, however there are always many factors to consider.

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  • Importance of Mental Health

    This past year has been exceptionally difficult on our mental health. Farm Credit East's Compensation and Benefits specialist, Crystal Bernardes, outlines some important suggestions and guidelines to keep your mental health in check during these difficult times.

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  • Liquidity is Essential in Turbulent Times

    Originally published in Hoard's Dairyman, this article by Roger Murray, Farm Credit East Chief Marketplace Officer, touches on the importance of maintaining adequate financial liquidity in your dairy operation.

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  • Don't Overlook the Employee Retention Credit

    Dario Arezzo explains the Employee Retention Credit (ERC) in more detail, helping business owners understand if they qualify and providing helpful examples for tax purposes.

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