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.
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In this update, we share key 2026 changes to New York’s Farm Employer Overtime Credit, including expanded eligible overtime hours, shifting thresholds, and new certification requirements for all farm employers. We also highlight reminders on payroll adjustments and advance payment options to help farmers stay compliant and prepared for the season ahead.
March 31, 2026
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Last year saw a marked decline in milk prices from 2022. Feed and fuel costs declined to a lesser extent, but many other expenses increased, reducing margins for dairy producers. Farm Credit East and Crop Growers crop insurance recently hosted a webinar to provide a 2024 outlook for the Northeast dairy industry.
February 06, 2024
Between rate increases, tightening inventories, market volatility and the rising cost of inputs, the agricultural equipment and financing landscape is entering a distinctly different environment following years of unprecedented demand and high farm profitability. As we head into year-end, here are the major themes and factors impacting machinery purchases, financing activity and overall buyer sentiment.
November 14, 2023
It’s National Dairy Month, and we couldn’t let the month of June pass by without recognizing the region’s largest agricultural sector — the dairy industry. Dairy and related processing constitute the top agricultural sector in the region, with more than $18.7 billion in direct sales, $34.6 billion in total economic impact and more than 120,000 jobs supported.
June 26, 2023