The USDA Risk Management Agency (RMA) recently announced several updates to Dairy Revenue Protection (DRP), Livestock Gross Margin (LGM) and Livestock Risk Protection (LRP) programs that will take effect beginning with the 2027 crop year on July 1, 2026. The changes are intended to improve flexibility, expand coverage opportunities and create more consistency across livestock insurance products.
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Following three-months of delays, the New York State legislature has passed the Fiscal Year 2026-2027 (FY 26-27) budget. The final budget, signed into law by Gov. Kathy Hocul, includes many provisions relevant to our farm and agribusiness customers. The following are a few highlights of the recently passed legislation.
June 4, 2026
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The dairy industry continues to face a highly volatile environment. Milk prices, feed costs, global demand shifts and weather variability all contribute to uncertainty in farm revenue. While risk is unavoidable, how producers manage that risk can have a meaningful impact on long‑term profitability and financial stability.
April 14, 2026
Crop insurance is a vital tool for farmers and agribusinesses, helping to protect against financial losses caused by natural disasters and unpredictable market shifts. Understanding how crop insurance works — and the key organizations involved — empowers producers to make informed decisions about managing risk and safeguarding their livelihoods.
March 13, 2026
After perennial growers submit their crop year production and acreage changes, many assume crop insurance is set until a weather event occurs. However, as records are processed, a unit may be flagged by the Risk Management Agency (RMA) as having a yield variance. If left unaddressed, these flags can affect a unit’s production guarantee at claim time. Beginning with the 2026 crop year, this process has become more restrictive.
February 03, 2026
The spring sales closing date is one of the most important deadlines for crop insurance customers. It marks the final opportunity to purchase or adjust your coverage before the planting season begins. This date ensures that your risk management plan is locked in and ready to protect your operation throughout the growing season. Here’s what you need to know as the spring sales closing date approaches.
January 21, 2026