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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Tax Talks
American Rescue Plan Act Extends Employee Retention Credit
The American Rescue Plan Act extended the Employee Retention Credit through December 31, 2021. Farm Credit East Senior Tax Consultant Dario Arezzo explains implications for tax planning purposes in this month's Tax Talks.
March 30, 2021
Ag Economy
2021 Livestock Industry Snapshot
The livestock industry had some difficulties in 2020, mainly due to production pivoting from food service markets to retail, as well as complications with meat packing plant shutdowns throughout the year.
March 23, 2021
Ag Economy
2021 Timber and Forest Products Industry Snapshot
The timber and forest products industries did not fare too badly during the COVID-19 pandemic, however production pivoted drastically in many areas due to shutdowns and restrictions. Read on for a more in-depth look of the current market.
March 16, 2021
Ag Economy
2021 Aquatic & Fishing Industry Snapshot
Similar to many industries during the COVID-19 pandemic, the aquaculture and commercial fishing industries saw their share of trials, especially with the initial shutdown of restaurants and export markets. Read on for a current snapshot of these industries.
March 09, 2021
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