The One Big Beautiful Bill (OBBB) was signed into law over the July 4th holiday. The legislation, which passed the House on a 218-214 vote, generally extends, and in some cases amplifies, the 2017 Tax Cuts and Jobs Act for farmers. Today's blog is the first in a multi-part series explaining significant changes to agricultural safety net programs included in the bill.
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Tax Talks
Tax Considerations for Crop Insurance Indemnities
Many parts of the Northeast have faced a challenging planting season with wet weather and cool temperatures; now as summer kicks off, many are seeing significant stretches of above average temperatures. Given these recent extremes in weather conditions, a review of the tax implications of various crop insurance programs is warranted.
July 2, 2025
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Ag Economy
2023 Northeast Apple Industry Outlook
This article takes a deep dive into U.S. apple production, price and export trends in an attempt to unpack a growing concern of many in the industry, what will happen when Washington produces at or near capacity?
March 21, 2023
Ag Economy
Scallops: The hidden driver of New England’s Fisheries Value
For our 2023 aquatic and commercial fishing outlook, John Sackton, Seafood.com News founder and seafood markets specialist, gives a recap and comparative analysis of the shellfish species contributing to New England Fishery values.
March 09, 2023
Ag Economy
2023 Outlook for the Forest Products Industry
Forest Economic Advisors, LLC (FEA) examines the forest product markets over the coming year. Rising interest and mortgage rates will most likely cause economic activity to slow in 2023. This is expected to be short lived, however, with optimism on the horizon in 2024. Read the full report.
February 28, 2023
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
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