The USDA Risk Management Agency (RMA) recently announced several updates to Dairy Revenue Protection (DRP), Livestock Gross Margin (LGM) and Livestock Risk Protection (LRP) programs that will take effect beginning with the 2027 crop year on July 1, 2026. The changes are intended to improve flexibility, expand coverage opportunities and create more consistency across livestock insurance products.
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Highlights from the Fiscal Year 2026-2027 NYS Budget
Following three-months of delays, the New York State legislature has passed the Fiscal Year 2026-2027 (FY 26-27) budget. The final budget, signed into law by Gov. Kathy Hocul, includes many provisions relevant to our farm and agribusiness customers. The following are a few highlights of the recently passed legislation.
June 4, 2026
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Crop Insurance
Whole Farm Revenue Protection Just Got Better: What Farmers Need to Know Under the One Big Beautiful Bill
The recently passed One Big Beautiful Bill marks a pivotal moment for risk management in American agriculture. Among the most farmer-friendly changes is the overhaul of the Whole Farm Revenue Protection (WFRP) program — an insurance policy designed to provide a safety net for diversified farms based on their historic revenue.
August 07, 2025
Business Tips and Tools
One Big Beautiful Bill: Key Takeaways for Farmers
The One Big Beautiful Bill Act, signed into law in early July, is a comprehensive piece of legislation with significant implications for various sectors, including agriculture. Farm Credit East recently hosted a webinar on the agricultural provisions of the bill, highlighting the tax and crop insurance implications for Northeast agriculture. Following are the key takeaways from this webinar.
July 29, 2025
Farm Credit
From Classroom to Workplace: The Farm Credit East Internship Experience
This summer Farm Credit East hosted 16 bright students for our summer internship program in six marketplaces across the association. The interns worked on a variety of projects as well as spend time out on the farm touring and job shadowing. Immersing themselves in many aspects of Northeast agriculture.
July 23, 2025
Crop Insurance
Risk Management Gets a Boost: LRP Beef on Dairy Coverage Explained
Livestock Risk Protection (LRP) is a federally subsidized risk management program designed to protect against a decline in livestock prices, allowing producers to set a price floor and mitigate risk from marketplace volatility.
July 22, 2025
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