As the calendar year draws to a close, it's an ideal time for dairy producers to reflect on the past year's challenges and achievements and to prepare strategically for the year ahead. With 2025 on the horizon, effective planning will be crucial to navigating the complexities of the dairy industry and ensuring a profitable year. One key component of this planning is Dairy Revenue Protection (DRP), a valuable tool that can help manage risk and stabilize income.
Today’s Harvest Blog
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BOI Enforcement Resumes with Deadline Extension
On December 23, 2024, the Fifth Circuit Court of Appeals reinstated the obligation of reporting companies to file their Beneficial Ownership Information (BOI) reports with the Financial Crimes Enforcement Network (FinCEN).
December 26, 2024
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Public Policy
2024 Farm Bill Update
The Farm Bill has been bogged down since the Fall while Congress has battled over funding the government. Given it’s an election year, Congressional leaders have acknowledged if the Farm Bill isn’t passed by mid-year, it will likely be extended for another year leaving it for the next Congress to complete. Several Farm Credit backed proposals have been introduced this Congress that would allow Farm Credit to lean into meeting the capital needs of rural America. The intent is for these “marker bills” to be included in the Farm Bill. Here is a summary of four of them.
April 09, 2024
Public Policy
Financial Assistance for Those Who Have Experienced Discrimination from the USDA Farm Service Agency
The USDA and its partner vendors have announced the opening of the application period for Section 22007 of the Inflation Reduction Act (IRA), which directs USDA to provide financial assistance to farmers, ranchers, and forest landowners who experienced discrimination in USDA farm lending programs prior to January 2021.
October 24, 2023
Public Policy
The 2022 USDA Census of Agriculture – Be Counted!
Since 1840, The USDA Census of Agriculture has been the only complete count of U.S. farms and ranches and the people who operate them. If you own or operate a farm that normally sells $1,000 or more of produce annually, this is your opportunity to make sure your operation is counted in this year's census.
June 21, 2022
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