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.
Farm tractor in a field during the fall harvest

Latest From Today's Harvest Blog

Farm Credit

Employee Spotlight: A Day in the Life of Tax Specialist Phil Murphy

Elisabeth Olcott

As a tax specialist with Farm Credit East's Financial Accounting Services (FAS) team, Phil helps agricultural businesses navigate everything from annual tax preparation and year-end planning to farm transitions and succession planning. While tax season is certainly a busy time, his work extends far beyond April deadlines. 

November 3, 2026

Photo of Phil Murphy, Fam Credit East Tax Specialist

Latest Tax Talk

Close-up of a fuel pump showing diesel and gasoline grade buttons, with the Tax Talks logo.
Tax Talks
Update: Diesel Fuel Tax Provisions

Earlier this month, Executive Order, Emergency Tax Relief on Diesel Fuel, was signed by the President with the purpose of deferring certain diesel fuel tax payment obligations and to provide penalty relief. As a result, the IRS acted and indicated it will not impose a penalty when dyed diesel fuel is sold for use or used on highways nationwide. 


October 22, 2026

Today's Harvest Blog

Row of 20 large black and white Holstein cows in an open sided barn. Eating chopped feed.
Crop Insurance
6 Key Areas to Evaluate in Your Dairy and Livestock Risk Management Strategy for the Year Ahead

For producers across the Northeast, preparing for 2026 means more than setting goals and updating budgets; it means evaluating your farm’s entire risk management approach to make sure you’re positioned for stability and success. Taking a proactive approach to risk today can help you avoid surprises tomorrow.

December 09, 2025

cow and calf stand in the pasture
Crop Insurance
Record High Calf Prices and LRP: Boosting Margins & Managing Risk

Across the country, dairy producers are seeing an unexpected bright spot in their bottom lines — record-high calf prices. In the past month, feeder cattle prices have reached record highs, with beef calf prices surpassing $1,600 per head. The growing beef-on-dairy trend has transformed calf sales into a meaningful revenue stream, adding $3.00 or more per hundredweight to many producers’ bottom lines.

November 12, 2025

Blooming apple orchard in agricultural field, in summer sun with anti-hail netting for protection against weather factors.
Crop Insurance
Which Crop Insurance Coverage Level is Right for You?

Each year, your perennial crop insurance policy will renew by November 20. It is important to meet with your agent each year, prior to this date, to ensure accuracy and alignment in your risk management goals.  

October 21, 2025

Ripe bunch of purple grapes on vine with green leaves
Crop Insurance
2025 Grape Harvest Update: Appraisals, SDRP & New Insurance Opportunities

As we embark on the 2025 grape harvest, those who insure their crop must be proactive in ensuring accurate production records and timely completion of appraisals. This year also brings some changes to crop insurance options, so it’s critical producers stay informed. This article provides tips and reminders on these important topics. 

October 07, 2025

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