In agriculture, change is a constant. With the many variables those in agriculture deal with each day — weather, wildlife, disease, markets, consumer preferences — technology may be one of the easier variables to adapt, adopt and hopefully add value to the operation for the long term. In fact, farmers are often early adopters of new technologies, but what benefits can new technology, including Artificial Intelligence (AI), bring to an operation? Let’s break it down.
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As we navigate the complexities of tax season, it's essential to stay informed about the various credits and deductions available to you. One such benefit is the Farmers School Tax Credit (FSTC), a valuable resource for those engaged in the business of farming. This blog aims to provide a high-level overview of the FSTC and Manufacturer’s real property tax credit to ensure you have the information needed to maximize your tax savings.
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Ag Economy
2024 Forecast for the Northeast Green Industry
Farm Credit East recently hosted a webinar with Dr. Charlie Hall, of Texas A&M University, to review green industry (including nursery, greenhouse and sod industries) operational and financial performance in 2023 and provide a 2024 outlook. Read on for the key takeaways from this webinar.
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Ag Economy
2024 Green Industry Outlook
Dr. Charlie Hall of Texas A&M University gives a Green Industry update and economic outlook for 2024, including a look back at 2022, landscape sector resilience, the varied profit levels seen across the industry in 2023 and look to the implication of new technology and innovation.
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Tax Talks
Possible Changes to New York’s Forest Tax Law Assessment
In today's Tax Talk, Farm Credit East's Dario Arezzo examines the New York State Department of Environmental Conservation (DEC) proposal to amend regulations relating to the Forest Tax Law program. This program provides landowners a reduction in real property taxes on their enrolled forest lands if certain conditions are met.
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