As the region celebrates Dairy Month this June, the New York agricultural community has even more reason to cheer: Governor Kathy Hochul recently announced that $21.6 million has been awarded to 103 farms through the Dairy Modernization Grant Program.
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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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The Northeast U.S. frequently experiences severe weather, including hail, which can severely damage crops and lead to major financial losses for farmers. Due to the unpredictable nature of hailstorms, crop-hail insurance is a crucial safeguard for agricultural businesses. This type of insurance helps cover losses from reduced crop quality and yield caused by hail damage.
May 23, 2025
The Risk Management Agency’s (RMA) Apple Crop Insurance Policy has become a mainstay of risk management in the United States apple industry. The working relationship between apple producers and RMA has resulted in a program that met most of the industry’s needs.
October 02, 2023
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