This month's Knowledge Exchange Partner article contributors Corey A. Geiger and Abbigail C. Prins of CoBank, outline a mixed outlook for U.S. dairy in 2025, noting strong retail sales and export potential but weak restaurant demand and rising costs. They highlight a historic drop in cow culling, surging butterfat production, and global herd challenges, suggesting cautious optimism for the industry’s future.
Ag Industry Trends & Outlooks
Discover insights, trends, ag market outlooks and other topical information as it relates to the Northeast's diverse agricultural industries. Brought to you by Knowledge Exchange from Farm Credit East.
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Public Policy
One Big Beautiful Bill’s Impact on Northeast Agriculture: Individual Tax Changes
President Trump signed the One Big Beautiful Bill (OBBB) into law over the July 4th holiday. In addition to the extension of the current individual tax rates, today’s blog, the second in a multi-part series will focus on some of the key individual provisions.
July 8, 2025
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Ag Economy
2025 Grain and Oilseed Industry Outlook
In the recent webinar, Farm Credit East, Horizon Farm Credit and CoBank Lead Economists, Tanner Ehmke and Jacqui Fatka, explore the latest insights on U.S. grain and biofuel markets. With record soybean and corn harvests, profitable storage options and recovering export demand, the landscape is shifting.
January 6, 2025
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Public Policy
One Big Beautiful Bill’s Impact on Northeast Agriculture: Business Tax Changes
The One Big Beautiful Bill (OBBB) was signed into law over the July 4th holiday. The legislation, which passed the House on a 218-214 vote, generally extends, and in some cases amplifies, the 2017 Tax Cuts and Jobs Act for farmers. Today's blog is the first in a multi-part series explaining significant changes to agricultural safety net programs included in the bill.
July 07, 2025
Business Tips and Tools
NYS Paid Prenatal Leave: Effective 1/1/25
Starting January 1, 2025, the New York State Paid Prenatal Leave Law requires all private sector employers in New York State to provide their employees with 20 hours of Paid Prenatal Leave each year.
January 16, 2025
Public Policy
Washington Update: New Year, New Congress
As 2025 begins, the 119th Congress faces a busy start. Senate committees will hold nomination hearings for 24 cabinet-level positions, while Treasury Secretary Janet Yellen warns of hitting the debt limit. The American Relief Act, 2025, extends government funding through March 14, 2025, and includes a one-year extension of the 2018 Farm Bill. Brooke Rollins is nominated as Secretary of Agriculture, amidst hopes of passing the Farm Bill early in the year to address the decline in farm income.
January 09, 2025
Public Policy
USDA Issues its Final Decision for Changes to the Federal Milk Marketing Orders
USDA’s Agricultural Marketing Service (AMS) released its final decision for changes to the Federal Milk Marketing Orders (FMMOs) on November 12. Now producers, and their coops have to vote to approve (or reject) these changes.
December 31, 2024
Northeast Economic Engine
Download Farm Credit East’s Northeast Economic Engine report, which analyzes the economic impact of the Northeast agriculture, forest products, commercial fishing and food manufacturing industries. This report was released in October 2024.
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