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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Latest Tax Talk
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 Northeast Wine Grape Outlook
Our recently published, 2023 Northeast Wine Grape Outlook, written by Hans Walter-Peterson, Senior Viticulture Extension Specialist Cornell Cooperative Extension, reviews recent years of grape production, and a forecast of what is to come for 2023.
March 28, 2023
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
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