Today’s Harvest Blog

Today’s Harvest is a valued, timely resource for stories, news, tips and information relevant to Northeast agriculture and our customers.
Farm tractor in a field during the fall harvest

Latest From Today's Harvest Blog

Ag Economy

New Report Examines Dairy Price Support Policies Across the Northeast

Kyle Karnuta

For dairy farmers in the Northeast, profitability depends on factors outside their control. Milk prices fluctuate while production costs continue to rise. When milk prices fall below the cost of production, the financial pressure can be considerable and, ultimately, create the conditions that lead to dairy farm exits. 

August 5, 2026

Black and white Holstein dairy cows at feed trough in outside barn waiting to be fed by large feed truck driving by on a sunny day.

Latest Tax Talk

Family, farm and cattle with a girl and father walking on a field or grass meadow in the agricultural industry. Tax Talk logo on picture.
Tax Talks
Trump Accounts: A New Savings Option for Children

Trump Accounts officially kicked off July 4, 2026, offering a new way to save for a child’s future. A Trump Account is a traditional IRA with specific rules that enable families to start saving and investing for a child early with greater flexibility than a standard retirement account. Any child under age 18 with a Social Security number is eligible for a Trump Account. 

July 28, 2026

Today's Harvest Blog

Tag: tax planning 
A young farmer talking to another individual with a tablet in a crop field with green netting
Tax Talks
A Smarter Safety Net: What the New USDA Payment Rules Mean for Your Farm

Effective with the 2026 crop year, USDA has updated payment limitations and eligibility rules. This change modernizes how benefits are calculated and who qualifies, providing more flexibility for today’s farm operations. 

June 30, 2026

Two farmers in a crop field looking at a tablet
Tax Talks
Research & Development Tax Credits for Farms: A Case Study

Northeast farms innovate every day—and some of that experimentation may qualify for the federal Research & Development tax credit. Using a recent U.S. Tax Court case, we shed some light on how the credit works, what expenses may count, and why strong, documentation can make or break a claim.

April 22, 2026

Drone view of three farm workers harvesting apples
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

male farmer working on a laptop computer on his truck hood in front of a cow pen
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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