Farm Credit East recently hosted a webinar featuring a panel of experts to discuss the Northeast's fruit and vegetables industries, and how COVID-19 has impacted markets. This post summarizes their discussion on a multitude of topics, including supply and demand, consumer preferences, costs, marketing and labor challenges, as well as future outlook predictions.
The Coronavirus Aid, Relief, and Economic Security Act provides nearly $300 million to marine fisheries impacted by COVID-19. These funds will be administered by the National Oceanic and Atmospheric Administration. Read more to learn about funds and allocations.
Biomass, pulpwood and sawlogs are important to the sustainability of the Northeast’s forest industry but are facing a handful of economic challenges. Despite the headwinds, Northeast markets are incredibly well positioned to take advantage of emerging opportunities.
In response to Governor Andrew Cuomo’s order, the New York State Liquor Authority (SLA) issued guidance on June 4, 2020, pertaining to the resumption of outdoor, on-premises service of alcoholic beverages and/or food.
