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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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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Farm Credit
Farm Credit East Team FFA Roots
The Farm Credit team believes in the future of agriculture. In fact, many members have roots in agriculture. In honor of National FFA Week (February 18-25, 2023), we recently polled our staff about their rural upbringings and FFA involvement. While the results weren’t surprising, we still found them impressive and wanted to share!
February 20, 2023
Tax Talks
USDA Emergency Relief Programs for Producers
Emergency Relief Program (ERP) phase one closed on December 16, 2022. Phase two opened on January 23rd and runs through June 2, 2023. The funds appropriated by Congress will be distributed through the Emergency Livestock Relief Program (ELRP) and the ERP. Regarding ELRP, the Farm Service Agency will release more information once they have finished its analysis on the 2021 drought and wildfire impacts on livestock producers.
January 30, 2023
Farm Credit
Educating Youth in Agriculture While Expanding Food Access
Today's blog highlights the Boston, Massachusetts organization The Food Project, and wraps up our four part Environmental, Social, Governance (ESG) series. The Food Project's mission is to create a thoughtful and productive community of youth and adults who work together to build a more just and sustainable food system.
March 01, 2022
Business Tips and Tools
USDA Accepting Applications for the Seafood Processors Grant Program
The U.S. Department of Agriculture Agricultural Marketing Service recently announced the publication of a Request for Applications for the Seafood Processor Pandemic Response and Safety Block Grant Program. Learn more about details and eligibility in today's blog.
September 30, 2021
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