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.
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.
Knowledge Exchange Partner
Latest From Today's Harvest Blog
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
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
New York State Labor Credit Proposals
Labor costs remain a concern for agricultural producers in New York State. In today's Tax Talks, Senior Tax Consultant, Dario Arezzo outlines three tax credit proposals that may provide some relief from the high cost of labor. Two of them are existing credits that could be enhanced, while the other would be a new credit.
February 24, 2022
Knowledge Exchange Partner
Inflation and Snarled Supply Chains: Is There Relief in Sight?
Earlier this year, the Knowledge Exchange Partner covered inflation and supply chain disruptions due to the ongoing COVID-19 pandemic with estimates on how the year might go. This month, we provide an update for 2021 and projections for 2022.
December 09, 2021
Knowledge Exchange Partner
Overtime for Agricultural Workers
In this month’s Knowledge Exchange Partner, read about various current and proposed agricultural labor overtime provisions across Northeast states, including New York, Maine and Massachusetts.
November 09, 2021
Ag Economy
The Economic Impact of Overtime Pay for New York State Agriculture
Pursuant to the Farm Laborers Fair Labor Practices Act (FLFLPA), the state of New York has assembled a wage board to consider changes to the overtime wage threshold for farmworkers. The threshold is currently 60 hours per week. The wage board can recommend that the threshold remain at 60 hours, or that it be reduced. This report outlines the economic impact that changes to the overtime threshold could have on the agricultural sector in New York.
October 27, 2021
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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