Risk management is the name of the game. If you know your Cost of Production (COP), your risk management strategy can set you up to preserve three things: liquidity, equity for future investments and equity for retirement.
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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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 31, 2023
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Ag Economy
2022 Dairy Outlook
In today's blog, Christopher Wolf, PhD, Cornell University, gives a recap on the dairy industry in 2021, as well as an outlook for 2022. This paper, along with more highlighting other industry outlooks in the Northeast, can be found in Northeast Agriculture: 2022 Insights & Perspectives.
March 15, 2022
Business Tips and Tools
The Ability to Change -That's the Secret Sauce
Originally published in Hoard's Dairyman, this article by Roger Murray, Farm Credit East Chief Marketplace Officer, examines the characteristics and process of operating a business with a sustainable competitive advantage.
March 09, 2022
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 02, 2022
Tax Talks
New York State Labor Credit Proposals
Labor costs remain a concern for agricultural producers in New York State. In today's Tax Talks, Senior Tax Consultant, Dario Arezzo outlines three tax credit proposals that may provide some relief from the high cost of labor. Two of them are existing credits that could be enhanced, while the other would be a new credit.
February 24, 2022
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