Harvest often provides the clearest picture of a farm's financial performance. This year, many producers are balancing strong yields with continued pressure from fuel, input and operating costs. To help address those challenges, USDA recently announced the new Harvest Fuel Relief Program (HFR), a one-time $8 billion assistance program for agricultural producers.
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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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If you're a livestock or hay producer concerned about unpredictable weather affecting your forage production, Pasture, Rangeland, and Forage (PRF) insurance is an important risk management tool to protect your operation from insufficient rainfall, offering flexible coverage levels and automatic claims processing.
July 31, 2024
For the last 10 weeks, 17 interns across eight offices interned at Farm Credit East working on a number of different projects. I worked out of the Enfield, Conn., office where I went on farm tours, shadowed employees, worked on my focused summer project, and so much more!
July 24, 2024
Beginning July 1, 2024, Vermont employers and self-employed individuals will begin making contributions composed of a 0.44% payroll tax on wages and a 0.11% self-employment income tax to the Vermont Department of Taxes for deposit into the Child Care Contribution (CCC) Special Fund.
July 18, 2024
Funding the startup of a new agriculture operation can be a tall task for any young or beginning producer. Remember the “5 Cs of credit” – a checklist of factors for young producers to consider when working to start and secure funding for a new agriculture business venture.
July 15, 2024