For dairy farmers in the Northeast, profitability depends on factors outside their control. Milk prices fluctuate while production costs continue to rise. When milk prices fall below the cost of production, the financial pressure can be considerable and, ultimately, create the conditions that lead to dairy farm exits.
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Tax Talks
Trump Accounts: A New Savings Option for Children
Trump Accounts officially kicked off July 4, 2026, offering a new way to save for a child’s future. A Trump Account is a traditional IRA with specific rules that enable families to start saving and investing for a child early with greater flexibility than a standard retirement account. Any child under age 18 with a Social Security number is eligible for a Trump Account.
July 28, 2026
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Crop Insurance
Two Powerful Safety Nets for Dairy Producers – Are You Covered?
As dairy producers know all too well, the dairy industry is prone to significant volatility and risk. Fluctuations in milk prices, feed costs and other factors can wreak havoc on profit margins. Fortunately, there are two important risk management tools available to dairy operations.
February 25, 2025
Ag Economy
Surging Egg Prices are Being Driven by More than Bird Flu
The recent surge in egg prices is driven by several factors, including supply chain disruptions, increased feed costs, and higher demand. These elements are affecting both producers and consumers, leading to significant price hikes. Understanding these dynamics is crucial for navigating the current market and planning for the future.
February 18, 2025
Knowledge Exchange Partner
2025 Potato Industry Outlook
The potato industry is facing a dynamic year ahead, with significant changes in production and market trends. The 2024 North American potato crop has seen a slight decrease in production, while European production has increased, impacting the global market dynamics. Read on for an in-depth analysis of the current state of the potato industry, including crop overviews, sector updates and 2025 market outlooks.
February 12, 2025
Business Tips and Tools
Key Factors to Watch in the Dairy Market for 2025
Farm Credit East recently hosted a webinar with Christopher Wolf, of Cornell University, to provide a 2025 Dairy Industry Outlook. Trade issues and policy changes may lead to shocks affecting milk prices and feed costs. Below is a summary of 2024 milk production followed by important factors that will influence the industry in 2025.
February 04, 2025
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