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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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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Business Tips and Tools
Grant Writing Success for New York Dairy Farmers
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.
June 30, 2025
Business Tips and Tools
Celebrating Northeast Agriculture
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
Business Tips and Tools
Key Factors to Watch in the Dairy Market for 2025
Farm Credit East recently hosted a webinar with Christopher Wolf, of Cornell University, to provide a 2025 Dairy Industry Outlook. Trade issues and policy changes may lead to shocks affecting milk prices and feed costs. Below is a summary of 2024 milk production followed by important factors that will influence the industry in 2025.
February 04, 2025
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