With a challenging housing market and a resumption of 25% tariff on U.S. imports of Canadian goods, what is at store for the forest products industry for 2025? Farm Credit recently hosted a webinar with Paul Jannke, of Forest Economic Advisors, to present a 2025 forest products industry outlook. Below are key takeaways on current housing market trends, inflationary pressures and economic factors that are affecting the industry.
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Tax Talks
FinCEN Updates Beneficial Ownership Reporting Requirements
As of March 21, 2025, the Financial Crimes Enforcement Network (FinCEN) has announced significant changes narrowing the scope of the reporting requirements for beneficial ownership information (BOI) under the Corporate Transparency Act. This update, consistent with the U.S. Department of the Treasury's recent announcement, aims to simplify the process for U.S. companies and individuals.
March 25, 2025
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Business Tips and Tools
Enhancing Your Data Security in 2025: 5 Essential Tips
In today's digital age, protecting your personal information is more important than ever. With cyber threats evolving rapidly, it's crucial to stay informed and take proactive measures to safeguard your data. Here are five essential tips to help you enhance your data security in 2025.
January 24, 2025
Business Tips and Tools
NYS Paid Prenatal Leave: Effective 1/1/25
Starting January 1, 2025, the New York State Paid Prenatal Leave Law requires all private sector employers in New York State to provide their employees with 20 hours of Paid Prenatal Leave each year.
January 16, 2025
Business Tips and Tools
2025 Grain and Oilseed Industry Outlook Summary
With record soybean and corn harvests, profitable storage options and recovering export demand, the landscape is shifting for U.S. grain and biofuel markets. How are ethanol production, renewable diesel demand and challenges from trade policies and global competition influencing the market?
January 14, 2025
Public Policy
Washington Update: New Year, New Congress
As 2025 begins, the 119th Congress faces a busy start. Senate committees will hold nomination hearings for 24 cabinet-level positions, while Treasury Secretary Janet Yellen warns of hitting the debt limit. The American Relief Act, 2025, extends government funding through March 14, 2025, and includes a one-year extension of the 2018 Farm Bill. Brooke Rollins is nominated as Secretary of Agriculture, amidst hopes of passing the Farm Bill early in the year to address the decline in farm income.
January 09, 2025
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