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.
Farm tractor in a field during the fall harvest

Latest From Today's Harvest Blog

Business Tips and Tools

It pays to have Dairy Revenue Protection

Megan Clancy

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.  


May 22, 2023

Latest Tax Talk

Young woman working on a lap top computer standing in an agriculture field in front of a tractor. Tax Talk logo is in the lower right hand corner.
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

Today's Harvest Blog

Young farmer walking away in a fruit orchard, Mental Health Awareness graphic logo is in the bottom left corner
Business Tips and Tools
Farm Stress, Mental Health, and Mediation and Conflict Resolution-Key Resources for the Agriculture Community

May is Mental Health Awareness Month. To raise awareness around the importance of dealing with issues impacting mental health — from stress to conflict — following are helpful resources available in each Northeast state.

May 16, 2023

Hail Caught in Netting in Apple Orchard with damaged yellow apple and green tree leaves.
Business Tips and Tools
Crop-Hail Coverage: Providing Peace of Mind in the Middle of the Storm

Hail can be a true catastrophe for agricultural businesses. The damage caused by hailstones can destroy a portion of a crop and result in significant financial losses for farmers. Crop-hail insurance is an essential tool for managing this risk.

May 09, 2023

rectangular word bubble outlined in green on a grey background with the word Tax inside the bubble and the word Talks, under the bubble
Tax Talks
The Tax Code and Residual Soil Fertility
Recently, an old tax concept began to resurface. Farmers are asking whether they can write off residual fertilizer in the purchase of farmland. Most farmers realize, the purchase of farmland is nondeductible and thus finding deductions during the purchase of farmland can be beneficial to help cash flow the purchase.

May 01, 2023

Farm Credit
The ‘Who’s Who’ of Country Living Loans

Having a great team to get your home or property purchase to the closing desk is important, but sometimes the many names and roles they play can be confusing. With that in mind, here is a quick guide to all the great individuals you will meet along the way to owning your dream property!

April 27, 2023

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