Ag Industry Trends & Outlooks

When people think of taxes, they typically think of their annual return. However, to best manage tax liabilities and optimize tax credits, tax planning should be an ongoing process. Even more so, over the past few years, several states in the Northeast, namely New York, have unprecedented tax incentive programs for businesses. 

National cattle policy grabbed headlines in August as the market continues to defy principles of economics: beef prices at the grocery store continue to soar while the size of the national cattle herd struggles to keep up. This blog dives into the factors driving these market conditions and the steps producers can take in response.  

This month's Knowledge Exchange Partner article discuss the current fertilizer market challenges, and the continued geopolitical instability and supply chain disruptions that are creating long-term pressure on fertilizer availability and pricing, creating future sourcing uncertainties for farmers and agricultural retailers. Contributed by Jacqui Fatka, Lead Economist, Farm Supply and Biofuels, at CoBank.

Northeast farmers have faced significant challenges from severe weather events in recent years. For producers in Connecticut, Massachusetts and Maine impacted by weather-related losses in 2023 and 2024, funding has been made available to help recover losses, rebuild operations and strengthen long-term business resilience. The program is funded through USDA resources and administered by state departments of agriculture.