On October 2, 2025, the U.S. Department of Labor issued a new Interim Final Rule (IFR) that significantly revises how Adverse Effect Wage Rates (AEWRs) are calculated for H-2A guestworkers. AEWRs set the minimum hourly wages that must be paid to H-2A workers and those in corresponding employment. This rule introduces major changes affecting wage structures across Farm Credit East’s eight-state region, with important implications for farm operations and labor management.
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Latest Tax Talk
Tax Talks
Maximizing Your Farm’s Bottom Line: Income and Expense Reporting
Filing farm taxes doesn’t have to be confusing. The IRS requires you to report all income unless specifically excluded, and only deduct expenses that are both ordinary—common in farming—and necessary—helpful for your business. Understanding these basics can save you time and stress.
October 27, 2025
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Tax Talks
Beneficial Ownership Information: Who is Required to Report?
Earlier this year, Farm Credit East held a webinar reviewing The Corporate Transparency Act and the new Beneficial Ownership Information (BOI) reporting requirements that went into effect on January 1, 2024. Several webinar attendees asked questions about how these requirements apply to different business structures.
September 24, 2024
Crop Insurance
Assistance Available for Connecticut Producers Impacted by Flooding and Hail
Following recent flooding and hail events across Connecticut, the U.S. Department of Agriculture (USDA) is offering the following programs to assist impacted farmers and livestock producers.
September 17, 2024
Innovation and Emerging Markets
The Role of Artificial Intelligence in Agriculture
AI’s integration into agriculture offers numerous benefits, from cost savings to improved sustainability and productivity, making it a transformative force in the industry. AI’s ability to process vast amounts of data quickly has led to significant advancements in agrifood systems.
September 10, 2024
Crop Insurance
The Importance of Dairy and Other Livestock Insurance
With severe weather and natural disasters becoming increasingly common, safeguarding your agricultural investments is more crucial than ever. Discover how Crop Growers, Farm Credit East’s insurance provider, is empowering farmers with innovative insurance products like Livestock Gross Margin (LGM), Livestock Risk Protection (LRP), and Dairy Revenue Protection (DRP).
September 03, 2024
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