President Trump signed the One Big Beautiful Bill (OBBB) into law over the July 4th holiday. We have already covered business tax changes and individual tax changes, and today, we’ll highlight some of the most pertinent non-tax provisions impacting agriculture.
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
Tax Considerations for Crop Insurance Indemnities
Many parts of the Northeast have faced a challenging planting season with wet weather and cool temperatures; now as summer kicks off, many are seeing significant stretches of above average temperatures. Given these recent extremes in weather conditions, a review of the tax implications of various crop insurance programs is warranted.
July 2, 2025
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Crop Insurance
Crop-Hail Coverage: Providing Peace of Mind in the Middle of the Storm
Hail can be a true catastrophe for agricultural businesses. The damage caused by hailstones can destroy a portion of a crop and result in significant financial losses for farmers. Crop-hail insurance is an essential tool for managing this risk.
May 09, 2023
Tax Talks
The Tax Code and Residual Soil Fertility
Recently, an old tax concept began to resurface. Farmers are asking whether they can write off residual fertilizer in the purchase of farmland. Most farmers realize, the purchase of farmland is nondeductible and thus finding deductions during the purchase of farmland can be beneficial to help cash flow the purchase.
May 01, 2023
Farm Credit
The ‘Who’s Who’ of Country Living Loans
Having a great team to get your home or property purchase to the closing desk is important, but sometimes the many names and roles they play can be confusing. With that in mind, here is a quick guide to all the great individuals you will meet along the way to owning your dream property!
April 27, 2023
FarmStart and Beginning Farmers
Investing in New Ag Producers from all Walks of Life
FarmStart, a partnership between Farm Credit East and CoBank, supports individuals looking to launch businesses in farming, fishing and forestry in the Northeastern U.S. This mission-related investment program helps Young, Beginning and Small farmers overcome some of their challenges and barriers to entry.
April 18, 2023
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