Ag Industry Trends & Outlooks

Discover insights, trends, ag market outlooks and other topical information as it relates to the Northeast's diverse agricultural industries. Brought to you by Knowledge Exchange from Farm Credit East.
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Record U.S. Agricultural Trade Deficit Forecasted to Keep Growing

The United States is the world’s largest agricultural exporter and has been for decades. However, as a wealthy country with a population of more than 340 million people with appetites for a broad range of agricultural products - we are also one of the world’s top agricultural importers. American Farm Bureau Economist, Betty Resnick examines historical trade data, and insight on forecasted trends.

July 3, 2024

Latest From Today's Harvest Blog

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Tax Talks
New York Farm Employer Overtime Credit – Advance Application Opens July 1

In December 2023, we shared to important Tax Talks blog articles on the New York Employer Overtime Credit. The time to apply for an advance of the credit is fast approaching with NYS Ag and Markets opening the application on July 1, 2024. 

July 2, 2024

Featured Webinar

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Farm Credit
2024 Virtual Customer Appreciation Meeting

Tuesday, Nov 12, 2024 11:30 AM - 12:15 PM EST

Join us for the 2024 Virtual Customer Appreciation Meeting. This 45-minute program will provide cooperative updates from CEO Mike Reynolds and Board Chair John Knopf.

November 12, 2024

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Tax Talks
Crop Insurance Tax Treatment Options for a Challenging Year

2023 has been a challenging year for farmers, and many may see payments from their crop insurance policies or federal crop disaster payments. This Tax Talks blog reminds producers that crop insurance proceeds and crop disaster payments must be reported as income.

August 29, 2023

upward view from forest floor of tree canopy
Business Tips and Tools
Vermont Foresters: Complete the Economy Loss & Damage Survey

The extended period of rainy weather in July and August and major flooding on July 10 has severely impacted many Vermonters. One sector that has been experiencing major impacts from the weather is Vermont’s forest economy. The Department of Forests, Parks, and Recreation developed a survey specific to this sector that will assist state agencies and elected officials in determining how to respond. 

August 22, 2023

Rows of corn crop in a large field with sun in the background
Crop Insurance
Risk Management Agency Expands the Margin Protection Program
Farm Credit East is pleased the Risk Management Agency (RMA) has approved the expansion of the Margin Protection Program for the 2024 crop year. This expansion will be beneficial to many Northeast growers and producers of corn and soybeans.

August 21, 2023

Split image, left side has rows of corn, right side is an above view of pints of multi-colored tomatoes
Business Tips and Tools
Helping Producers Navigate Funding Sources

Grants can be a great resource to provide additional funds needed to take on larger projects, but they’re often under-utilized because they can be time consuming and involve quite a bit of paperwork. To help Northeast agricultural producers navigate funding options, Farm Credit East recently released an update to its report, Grants and Incentives for Northeast Agriculture. 

August 15, 2023

Northeast Economic Engine

Download Farm Credit East’s Northeast Economic Engine report, which analyzes the economic impact of the Northeast agriculture, forest products and commercial fishing industries. This report was released in November 2020. 

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2020 Northeast Economic Impact Report Cover