Farm Credit East recently hosted a webinar with University of Vermont’s Mark Cannella who provided a glimpse into statistics and trends in North American maple syrup production and a look into the Maple syrup and sugar industry in 2024.
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
Life Insurance Redemptions Falling Under IRS Scrutiny
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
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Business Tips and Tools
The Rise of Backyard Chickens
Raising chickens is nothing new. However, a less common practice that has recently started gaining popularity are backyard chickens. More and more people are opting to raise chickens for eggs in their own backyard. Before you jump in, here are a few important things to consider when evaluating whether backyard chickens are for you.
July 12, 2023
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
Business Tips and Tools
Financing Manufactured Homes
Country Living Loans from Farm Credit East is able to finance several types of non-conforming real estate that traditional financial institutions can’t, including new construction, vacant land and farms. But what about manufactured homes? To answer this, Mortgage Specialist, Kali Kraeger goes over Country Living Loans financing capabilities.
April 03, 2023
Business Tips and Tools
Understanding your Cost of Production
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.
February 06, 2023
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