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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Tax Talks
USDA Emergency Relief Programs for Producers
Emergency Relief Program (ERP) phase one closed on December 16, 2022. Phase two opened on January 23rd and runs through June 2, 2023. The funds appropriated by Congress will be distributed through the Emergency Livestock Relief Program (ELRP) and the ERP. Regarding ELRP, the Farm Service Agency will release more information once they have finished its analysis on the 2021 drought and wildfire impacts on livestock producers.
January 30, 2023
Crop Insurance
Approved Production History Onion Insurance Policy - Is Your Crop Covered?
Onions are a specialized high-value crop, so it is essential to understand their insurance policy. Onions fall under the Multi-Peril Crop Insurance Approved Production History policy. In other words, anything Mother Nature throws at the crop is covered. Is your crop covered?
January 09, 2023
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