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.
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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
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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Business Tips and Tools
Crop Loss, Now What? How a Crop Insurance Policy Reacts After a Loss
This year’s late May freeze event has left the industry stunned and wondering what’s next. This webinar led by Crop Growers LLP will discuss how crop insurance policies respond to losses and what steps farmers need to take to take in the event of a loss.
June 07, 2023
Ag Economy
Economic Impact of the Cranberry Industry to Massachusetts
The following profile illustrates the cranberry industry’s total economic impact in Massachusetts. It is based on data from a 2023 economic analysis conducted by Farm Credit East.
June 06, 2023
Crop Insurance
Late Spring Freeze – Next Steps for Insured Crop Policy Holders
The short stretch of warm days in April prompted an early start to the growing season for vineyards and orchards across the Northeast. Many growers weren’t too worried given the mild winter. They thought, “As long as there’s no freeze, we’ll be ok.” Unfortunately, the early morning hours of May 18, 2023, brought those low temperatures that were looming in the back of everyone’s mind. What do you do now?
June 05, 2023
Tax Talks
New York Farmers and Refundable Investment Tax Credit
The recently enacted New York State budget makes the Investment Tax Credit (ITC) fully refundable for eligible farmers who derive more than two-thirds of their gross income from farming. This provision will be in place through 2027 and will greatly benefit eligible farmers in New York State. Today’s post provides a high-level overview of the ITC.
May 29, 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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