Congress has not passed a traditional five-year farm bill since 2018. America’s farmers, fishers and foresters have continued to be helped by short-term extensions and other ad-hoc support. While the One Big Beautiful Bill Act (OBBBA) updated and authorized certain components of the farm bill, there are still significant programs that require action.
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
Update: Diesel Fuel Tax Provisions
Earlier this month, Executive Order, Emergency Tax Relief on Diesel Fuel, was signed by the President with the purpose of deferring certain diesel fuel tax payment obligations and to provide penalty relief. As a result, the IRS acted and indicated it will not impose a penalty when dyed diesel fuel is sold for use or used on highways nationwide.
October 22, 2026
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Innovation and Emerging Markets
The Role of Artificial Intelligence in Agriculture
AI’s integration into agriculture offers numerous benefits, from cost savings to improved sustainability and productivity, making it a transformative force in the industry. AI’s ability to process vast amounts of data quickly has led to significant advancements in agrifood systems.
September 10, 2024
Crop Insurance
The Importance of Dairy and Other Livestock Insurance
With severe weather and natural disasters becoming increasingly common, safeguarding your agricultural investments is more crucial than ever. Discover how Crop Growers, Farm Credit East’s insurance provider, is empowering farmers with innovative insurance products like Livestock Gross Margin (LGM), Livestock Risk Protection (LRP), and Dairy Revenue Protection (DRP).
September 03, 2024
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Tax Talks
Navigating Charitable Contributions Post-TCJA
The Tax Cuts and Jobs Act (TCJA) enacted in 2017 and in effect from 2018 – 2025 has had a substantial effect on itemizing deductions. The resulting changes have impacted the tax consequences of making charitable contributions, especially for senior citizens. A remedy to this can be to use Qualified Charitable Distributions (QCD) from an IRA account.
August 28, 2024
Business Tips and Tools
Emergency Assistance for New York Homeowners Impacted by Hurricane Debby
In the wake of Hurricane Debby, Governor Kathy Hochul announced a comprehensive emergency assistance program to support homeowners in Allegany, Delaware, Franklin, Steuben and St. Lawrence counties. This initiative, spearheaded by New York Homes and Community Renewal (HCR), aims to provide critical repairs and financial support to those affected by the storm.
August 20, 2024
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