Why does it pay to have Dairy Revenue Protection (DRP)? DRP sets a quarterly price floor based on Chicago Mercantile Exchange (CME) futures prices to protect dairy producers against unexpected declines in milk revenue. It’s important to protect your operation — and DRP is one of the resources you can have in your toolbox to do so.
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.
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Tax Talks
New York Farmers and Refundable Investment Tax Credit
The recently enacted New York State budget makes the Investment Tax Credit (ITC) fully refundable for eligible farmers who derive more than two-thirds of their gross income from farming. This provision will be in place through 2027 and will greatly benefit eligible farmers in New York State. Today’s post provides a high-level overview of the ITC.
May 29, 2023
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Ag Economy
2023 Dairy Market and Policy Outlook
One of the biggest economic stories of 2022 was inflation — particularly with respect to energy, food and housing. What does 2023 look like? Christopher Wolf, PhD, Cornell University, gives a recap on the dairy industry in 2022, as well as an outlook for 2023.
February 13, 2023
Ag Economy
Lessons from the Pandemic: Northeast Dairy Resilience
In honor of National Dairy Month, this installment in our Lessons from the Pandemic series highlights the tremendous resilience of the Northeast diary industry during the coronavirus pandemic.
June 01, 2021
Ag Economy
2021 Dairy Industry Snapshot
2020 was a tough year for many agricultural sectors, with dairy being one of the most affected. 2021 seems to offer little improvement, however there are always many factors to consider.
February 16, 2021
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