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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Record U.S. Agricultural Trade Deficit Forecasted to Keep Growing

The United States is the world’s largest agricultural exporter and has been for decades. However, as a wealthy country with a population of more than 340 million people with appetites for a broad range of agricultural products - we are also one of the world’s top agricultural importers. American Farm Bureau Economist, Betty Resnick examines historical trade data, and insight on forecasted trends.

July 3, 2024

Latest From Today's Harvest Blog

Couple of farmers examines the field of cereals
Business Tips and Tools
The 5 Cs of Credit for Young and Beginning Producers

Funding the startup of a new agriculture operation can be a tall task for any young or beginning producer. Remember the “5 Cs of credit” – a checklist of factors for young producers to consider when working to start and secure funding for a new agriculture business venture.

July 15, 2024

Featured Webinar

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Farm Credit
2024 Virtual Customer Appreciation Meeting

Tuesday, Nov 12, 2024 11:30 AM - 12:15 PM EST

Join us for the 2024 Virtual Customer Appreciation Meeting. This 45-minute program will provide cooperative updates from CEO Mike Reynolds and Board Chair John Knopf.

November 12, 2024

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A young farmer talking to another individual with a tablet in a crop field with green netting
Business Tips and Tools
New York's Investment Tax Credit Program: Maximizing Your Capital Investment Webinar

Thursday, Jul 11, 2024 12:00 PM - 1:00 PM EDT

NOTE: THIS WEBINAR IS LIMITED TO CURRENT FARM CREDIT EAST CUSTOMERS 

In this webinar, Farm Credit East will discuss how the New York State Investment Tax Credit (ITC) program can benefit your operation. This presentation is designed for Farm Credit East members who are considering capital expansions and want to take advantage of available tax incentives.

July 11, 2024

Rural home set back in agriculture pasture during sunset
Business Tips and Tools
Buying a Rural Property? Check for deed restrictions.

When buying a rural property, the buyer should always ask if the property has any deed restrictions as these can impose various limitations on how the property can be used and also potentially decrease the property’s value. 

July 09, 2024

side profile view of employee business woman wearing casual shirt sitting working at office desk with laptop pc computer indoors sign documents writing something
Tax Talks
Important Update Regarding Life Insurance Redemptions

In April, we discussed that the Supreme Court was hearing arguments in the Connelly v U.S. case regarding life insurance proceeds. With this case now decided, it will be important for individuals and small businesses owning life insurance to fund buy/sell agreements to include a review of these policies.

July 05, 2024

Farm workers harvesting apples
Tax Talks
New York Farm Employer Overtime Credit – Advance Application Opens July 1

In December 2023, we shared two important Tax Talks blog articles on the New York Employer Overtime Credit. The time to apply for an advance of the credit is fast approaching with NYS Ag and Markets opening the application on July 1, 2024. 

July 02, 2024

Northeast Economic Engine

Download Farm Credit East’s Northeast Economic Engine report, which analyzes the economic impact of the Northeast agriculture, forest products and commercial fishing industries. This report was released in November 2020. 

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2020 Northeast Economic Impact Report Cover