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After a few years of market turmoil, the Northeast’s forest industry is showing signs of stability and some real opportunities for growth. We’re not out of the dark days yet, but the markets are providing returns for landowners and real efforts are underway to find the next generation of uses for our forest resource.
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Since its 2005 inception, Country Living, the residential mortgage lending arm of Farm Credit East, has been helping fulfill Northeast rural residents’ dream of living in the country.
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The new “Got Jobs?” campaign from the National Milk Producers Federation, the U.S. Dairy Export Council and the International Dairy Foods Association highlights the dairy industry’s role as an economic engine. To celebrate dairy month, we recognize the economic impact dairy products have on the local economy here in the Northeast.
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“Record-keeping can be a huge time commitment. In my experience working with customers, I’ve learned that record-keeping is not always a first priority.” Angela Barsuglia, Farm Credit East Tax Associate, discusses the importance of accurate financial record-keeping in today’s business climate and how we can help.
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Farming can be a risky endeavor. There are many ways to prepare for and mitigate risks, and an important one for many producers is crop insurance. Jeremy Forrett, Vice President, Crop Growers, LLP, discusses the importance of Northeast crop insurance in your risk management plan.
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Farm Credit East recently presented the results of the 2017 Northeast Dairy Farm Summary. It was a mixed bag – average earnings increased due to a rise in milk prices, but cash flow came in at breakeven for the third year in a row. Read more here.
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The weather is probably the most important reason for price volatility in any given year. However, lots of other factors can also play a role. Dr. Patrick Westhoff, Director of the Food and Agricultural Policy Research Institute at the University of Missouri-Columbia, discusses grain supply and demand factors in this 2018 outlook.
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Vegetable crops are an important component of the agricultural economy in the Northeast. In the Northeast region, vegetable crops have been planted on approximately 90,000 acres with an annual total farm value of between $450 and $500 million. Dr. Bradley Rickard, Associate Professor of Applied Economics and Management at Cornell University, discusses the policies impacting vegetable production, market trends, vegetable consumption and more in this 2018 Northeast vegetable outlook.
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Farm Credit East offers a 12-week, paid summer internship program where students can learn about our company and gain insight into the type of career they’d like to pursue. We recently interviewed some Farm Credit East employees who began their Farm Credit career as an intern to find out what they enjoyed most about their experience and what led them to choose us to begin their career. Here’s what they had to say.
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Weather fluctuation and market volatility are major risks for crop producers. Jeremy Forrett, Vice President/Assistant Manager of Crop Growers, LLP, gives us a spring weather update and how these risks can be mitigated through crop insurance.
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Many dairy producers are facing challenges in the current economic environment. The USDA Farm Service Agency has reopened the signup period for the Dairy Margin Protection Program, under changes to the program made by Congress in February. Farm Credit East and the Program on Dairy Markets and Policy recently hosted a webinar covering this signup reopening and “MPP 2.0.”
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Since 2000, the U.S. apple industry has been in a state of continual change. Desmond O'Rourke, consultant of food marketing and international trade, discusses this changing industry environment in this outlook as well as future challenges and opportunities for the apple industry.
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Payroll laws are constantly changing. Employee pay rates, tax deposit due dates and payroll tax return deadlines only scratch the surface of the heavy burden that payroll puts on employers. Janyce Conner, Farm Credit East Payroll Specialist, discusses how we can ease the burden of these ever-changing payroll intricacies.
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Farm Credit East recently surveyed a range of Northeast producers to find out their expectations and concerns for the year ahead. The results of this survey provided a gauge of the current temperature of Northeast agriculture.
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In recent years, the volatility in milk prices has been driven by the push and pull of domestic demand and exports, and the related battle between the fat and skim components of milk. Ben Laine, Senior Economist at CoBank, gives a full 2018 dairy outlook in this report.
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Henry Grinbaum is a senior loan officer in Farm Credit East’s Flemington, NJ office. He is famous for his high energy, his love of working with customers and the success he has built over 35 years working with Farm Credit. Learn more about his Farm Credit East career and what drives his passion.
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