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

Farm Credit

Employee Spotlight: A Day in the Life of Tax Specialist Phil Murphy

Elisabeth Olcott

As a tax specialist with Farm Credit East's Financial Accounting Services (FAS) team, Phil helps agricultural businesses navigate everything from annual tax preparation and year-end planning to farm transitions and succession planning. While tax season is certainly a busy time, his work extends far beyond April deadlines. 

November 3, 2026

Photo of Phil Murphy, Fam Credit East Tax Specialist

Latest Tax Talk

Close-up of a fuel pump showing diesel and gasoline grade buttons, with the Tax Talks logo.
Tax Talks
Update: Diesel Fuel Tax Provisions

Earlier this month, Executive Order, Emergency Tax Relief on Diesel Fuel, was signed by the President with the purpose of deferring certain diesel fuel tax payment obligations and to provide penalty relief. As a result, the IRS acted and indicated it will not impose a penalty when dyed diesel fuel is sold for use or used on highways nationwide. 


October 22, 2026

Today's Harvest Blog

Tag: weather 
Business Tips and Tools
Exceptionally Wet Weather Conditions Lead to Delayed Planting in New York

While corn and soybean crop planting is slightly ahead of last year nationally, it is way behind in New York and across the Northeast, due to unusually cold and wet weather, making field work difficult. 

June 24, 2025

Hail Caught in Netting in Apple Orchard with damaged yellow apple and green tree leaves.
Crop Insurance
Crop-Hail Coverage: Providing Peace of Mind in the Middle of the Storm

The Northeast U.S. frequently experiences severe weather, including hail, which can severely damage crops and lead to major financial losses for farmers. Due to the unpredictable nature of hailstorms, crop-hail insurance is a crucial safeguard for agricultural businesses. This type of insurance helps cover losses from reduced crop quality and yield caused by hail damage.

May 23, 2025

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