The dairy industry is ever changing, and there is constantly news being thrown at us in all different directions. Our weekly dairy market insights newsletter is curated by the Crops Growers dairy and livestock team to keep you up to date on markets and current events impacting your dairy operation.
Today’s Harvest Blog
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In the context of farming business structures, acquiring a life insurance policy is a prevalent practice. Here are two common scenarios and an update on an ongoing Supreme Court case involving the IRS concerning the valuation of businesses when insurance payouts are implicated and whether such proceeds are deemed liabilities or not.
April 11, 2024
Today's Harvest Blog
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At the beginning of this year, many economists were projecting dairy prices to be lower than 2022, but the year so far has turned out differently than expected. Dairy Revenue Protection is a quarterly risk management program that protects dairy producers from unexpected declines in milk prices, thereby protecting milk money. With the volatility we’ve seen thus far this year, is your milk money protected?
September 12, 2023
Farm Credit East offers a customer relationship-based payroll service with assigned payroll specialists committed to offering unique and dedicated expertise in all facets of agricultural payroll, putting your business on track for foundational success.
September 05, 2023
2023 has been a challenging year for farmers, and many may see payments from their crop insurance policies or federal crop disaster payments. This Tax Talks blog reminds producers that crop insurance proceeds and crop disaster payments must be reported as income.
August 29, 2023
The extended period of rainy weather in July and August and major flooding on July 10 has severely impacted many Vermonters. One sector that has been experiencing major impacts from the weather is Vermont’s forest economy. The Department of Forests, Parks, and Recreation developed a survey specific to this sector that will assist state agencies and elected officials in determining how to respond.
August 22, 2023