The USDA Risk Management Agency (RMA) recently announced several updates to Dairy Revenue Protection (DRP), Livestock Gross Margin (LGM) and Livestock Risk Protection (LRP) programs that will take effect beginning with the 2027 crop year on July 1, 2026. The changes are intended to improve flexibility, expand coverage opportunities and create more consistency across livestock insurance products.
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Tax Talks
Highlights from the Fiscal Year 2026-2027 NYS Budget
Following three-months of delays, the New York State legislature has passed the Fiscal Year 2026-2027 (FY 26-27) budget. The final budget, signed into law by Gov. Kathy Hocul, includes many provisions relevant to our farm and agribusiness customers. The following are a few highlights of the recently passed legislation.
June 4, 2026
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Tax Talks
Claiming Federal Fuel Tax Credits in 2024: What Farmers Need to Know
Before filing your taxes for 2024, take a look to see if your farm operation can claim the Credit for Federal Tax Paid on Fuels. Today's blog covers the requirements, including a new Fuel Tax Credit Statement checklist which needs submitted as well.
February 27, 2025
Crop Insurance
Two Powerful Safety Nets for Dairy Producers – Are You Covered?
As dairy producers know all too well, the dairy industry is prone to significant volatility and risk. Fluctuations in milk prices, feed costs and other factors can wreak havoc on profit margins. Fortunately, there are two important risk management tools available to dairy operations.
February 25, 2025
Ag Economy
Surging Egg Prices are Being Driven by More than Bird Flu
The recent surge in egg prices is driven by several factors, including supply chain disruptions, increased feed costs, and higher demand. These elements are affecting both producers and consumers, leading to significant price hikes. Understanding these dynamics is crucial for navigating the current market and planning for the future.
February 18, 2025
Knowledge Exchange Partner
2025 Potato Industry Outlook
The potato industry is facing a dynamic year ahead, with significant changes in production and market trends. The 2024 North American potato crop has seen a slight decrease in production, while European production has increased, impacting the global market dynamics. Read on for an in-depth analysis of the current state of the potato industry, including crop overviews, sector updates and 2025 market outlooks.
February 12, 2025
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