Today’s Harvest Blog

Today’s Harvest is a valued, timely resource for stories, news, tips and information relevant to Northeast agriculture and our customers.
Farm tractor in a field during the fall harvest

Latest From Today's Harvest Blog

Crop Insurance

Stay Up To Date With The Dairy Markets Insights Newsletter

Megan Clancy

 The dairy industry is ever changing, and there is constantly news being thrown at us in all different directions. Our weekly dairy market insights newsletter is curated by the Crops Growers dairy and livestock team to keep you up to date on markets and current events impacting your dairy operation.

April 18, 2024

brown cows in a barn eating

Latest Tax Talk

Adult male farmer sitting on open trunkbed in a crop field using a laptop
Tax Talks
Life Insurance Redemptions Falling Under IRS Scrutiny

In the context of farming business structures, acquiring a life insurance policy is a prevalent practice. Here are two common scenarios and an update on an ongoing Supreme Court case involving the IRS concerning the valuation of businesses when insurance payouts are implicated and whether such proceeds are deemed liabilities or not.

April 11, 2024

Today's Harvest Blog

Dairy cows in barn with feed
Crop Insurance
Two Powerful Safety Nets for Dairy Producers – Are You Covered?

As dairy producers know all too well, the dairy industry is prone to significant volatility and risk. Fluctuations in milk prices, feed costs and other factors can wreak havoc on profit margins. Fortunately, there are two important risk management tools available to dairy operations, Dairy Margin Coverage and Dairy Revenue Protection.

April 02, 2024

Grapes frost damage. Frost Grape by slight frost winter injury.
Crop Insurance
Crop Insurance Provides Certainty Against Unpredictable Weather

Crop insurance can protect against financial losses from weather-related crop damage and quality reductions. Its purpose is to ensure farmers can continue operating after a difficult season. In a year like 2023, being insured against these types of weather events can make or break a business.

 

February 22, 2024

Three farmers walking side by side in a crop field during sunset with the Crop Growers logo over the image
Crop Insurance
Another Wet One – How Crop Growers Can Help Northeast Tobacco Growers

In 2023, the Northeast experienced another wet tobacco growing season. Given the high cost of tobacco cultivation (over $1,000 per acre), risk management plans are crucial for producers. Connecticut insured more than 3,000 acres of this valuable crop. The purpose of crop insurance, like any other insurance, is not to bring profits but to make the producer whole again so they can continue to farm the following year.

February 13, 2024

Agricultural potato harvest with harvester
Crop Insurance
3 Special Crop Insurance Options for Northeast Potato Growers

2023 was a wet growing season in the Northeast. As a result, the more than 240 Northeast potato producers growing 63,000 acres of potatoes endured a tough growing season loss. Many Northeast potato farmers use crop insurance to help manage this risk. Below are three endorsements that tailor the USDA RMA potato crop insurance policy for potato operations.

January 30, 2024

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