Across the country, dairy producers are seeing an unexpected bright spot in their bottom lines — record-high calf prices. In the past month, feeder cattle prices have reached record highs, with beef calf prices surpassing $1,600 per head. The growing beef-on-dairy trend has transformed calf sales into a meaningful revenue stream, adding $3.00 or more per hundredweight to many producers’ bottom lines.
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Maximizing Your Farm’s Bottom Line: Income and Expense Reporting
Filing farm taxes doesn’t have to be confusing. The IRS requires you to report all income unless specifically excluded, and only deduct expenses that are both ordinary—common in farming—and necessary—helpful for your business. Understanding these basics can save you time and stress.
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Business Tips and Tools
Key Factors to Watch in the Dairy Market for 2025
Farm Credit East recently hosted a webinar with Christopher Wolf, of Cornell University, to provide a 2025 Dairy Industry Outlook. Trade issues and policy changes may lead to shocks affecting milk prices and feed costs. Below is a summary of 2024 milk production followed by important factors that will influence the industry in 2025.
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Business Tips and Tools
5 Things for Maple Producers to Consider in 2025
Farm Credit East recently hosted a webinar with University of Vermont Extension Associate Professor, Mark Cannella, providing insights for the maple industry in 2025. As U.S. maple syrup production continues to grow, there are potential changes for the industry on the horizon. Following are the key takeaways from this webinar.
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Business Tips and Tools
2025 Grain and Oilseed Industry Outlook Summary
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Ag Economy
2024 Grain and Oilseed Industry Outlook Summary
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