As the region celebrates Dairy Month this June, the New York agricultural community has even more reason to cheer: Governor Kathy Hochul recently announced that $21.6 million has been awarded to 103 farms through the Dairy Modernization Grant Program.
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Many parts of the Northeast have faced a challenging planting season with wet weather and cool temperatures; now as summer kicks off, many are seeing significant stretches of above average temperatures. Given these recent extremes in weather conditions, a review of the tax implications of various crop insurance programs is warranted.
July 2, 2025
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With a challenging housing market and a resumption of 25% tariff on U.S. imports of Canadian goods, what is at store for the forest products industry for 2025? Farm Credit recently hosted a webinar with Paul Jannke, of Forest Economic Advisors, to present a 2025 forest products industry outlook. Below are key takeaways on current housing market trends, inflationary pressures and economic factors that are affecting the industry.
April 08, 2025
This year’s National Ag Day is Tuesday, March 18. And this year, we celebrate the important role Northeast agriculture, commercial fishing and forest products plays in our everyday lives.
March 18, 2025
Forest Economic Advisors, LLC (FEA) examines the forest product markets over the coming year. Rising interest and mortgage rates will most likely cause economic activity to slow in 2023. This is expected to be short lived, however, with optimism on the horizon in 2024. Read the full report.
February 28, 2023
In today's Tax Talk, Farm Credit East's Dario Arezzo examines the New York State Department of Environmental Conservation (DEC) proposal to amend regulations relating to the Forest Tax Law program. This program provides landowners a reduction in real property taxes on their enrolled forest lands if certain conditions are met.
July 26, 2022