Today’s Harvest Blog

A successful farm transition is about more than transferring land, equipment or ownership interests. It is about preparing people to work together, aligning the team around a shared vision and using thoughtful financial strategies to protect the wealth built through generations of hard work. When coordinated, they can provide a clearer path for the current generation, the next generation and the farm itself.

Farm Credit East has been alerted to a rise in fraud attempts involving criminals impersonating trusted financial institutions, including Farm Credit System institutions and CoBank, Farm Credit East’s funding bank. These scammers may spoof legitimate phone numbers, making it appear that the call is coming from a trusted organization even when it is not. 

The Agricultural Resiliency Against Tariffs Program was recently appropriated $30 million to provide payments directly to agricultural producers. These payments range from $1,000 to $25,000 per entity. Timing is of the essence as there is an application process that has been extended, but only through August 18.

You may occasionally receive letters or postcards referencing your mortgage or home-related services. While these communications can appear legitimate, they are often sent by companies that are not affiliated with your lender and are intended to prompt a response or payment.