With President Trump imposing tariffs to Chinese imports, as well as import tariffs on aluminum and steel, trading partners have retaliated with tariffs on U.S. exports. Given these escalating trade tensions, Farm Credit East Knowledge Exchange takes a look at U.S. agricultural exports and their significance to U.S. farm income. Also in this month’s issue, we highlight FarmCreditEast.com’s Today’s Harvest blog for timely topics relevant to Northeast farming, commercial fishing and forestry.
If you have a loan priced with a variable interest rate, you have seen increases in your interest rate recently. Approximately two-thirds of Farm Credit East loans are variable-rate loans. In this month’s Knowledge Exchange Partner, we look at how interest rates are set and answer some borrower questions. We’ve also released our Industry Snapshots, which provide you with the latest business and market intelligence from our industry experts.
The Northeast Dairy Farm Summary (DFS) is scheduled for release on April 30. The first article in April’s Knowledge Exchange Partner gives a snapshot of the DFS’s findings and provides a few resources to help your farm leverage these results. Our second article looks at the green industry, summarizing the key demographic and economic take-aways from a webinar Farm Credit East hosted with Dr. Charles Hall last month.
Congress Makes Significant Changes to the Dairy Margin Protection Program | Northeast Commercial Fisheries Outlook
The first article in this month’s Knowledge Exchange Partner summarizes information from the February 2018 release of the Dairy Markets and Policy report on Changes to the Margin Protection Program for Dairy Producers. Our second article was written by Hank Soule who has 30 years of experience in New England seafood harvesting, production and fishery management. He reports on the health of the Northeast commercial fishing industry and some innovative ideas that have inspired high-value products from what was once viewed as waste.
Does the Farm Economy Move in Sync with the General Economy? | Farm Credit East Industry Snapshots Updated
Does a good overall economy help or hurt the ag economy? Farm Credit’s Knowledge Exchange team looks at the data behind this question in February’s Knowledge Exchange Partner. We also highlights Farm Credit East’s Industry Snapshots, updated quarterly to give you a glimpse into the latest business and market intelligence from our industry experts.
The largest overhaul of the U.S. tax code in 30 years provides overall positive benefits to many Northeast farmers. This month’s Knowledge Exchange Partner reviews some of the provisions of the tax law that will affect producers in 2018. The second article takes a look at the U.S. dairy market and recaps year-over-year comparisons. It also touches on international competition and provides an industry outlook for the coming year.
Why They Buy: Understanding Customer Behavior at Farmers’ Markets| Geography of the Congressional Agriculture Committees
Farmers are feeling pressure to take more strategic approaches to their marketing. If not, they risk plateauing or, in some cases, declining sales. In this month’s KEP, Christopher Wayne from GrowNYC, shares a few of FARMroots high-impact strategies to help farmers get the most value from farmers’ markets. The second article in this month’s issue looks at the geographical make-up of the Senate and House ag committees that will take the lead in writing the 2018 Farm Bill.
In November’s Knowledge Exchange Partner, we explore Controlled Environmental Agriculture, what’s driving its growth, current barriers and what’s in store for this method of farming in the future. The second article gives industry updates and a few predictions for 2018 in the dairy, timber, cash field, livestock, fruit, greenhouse and nursery, aquatic, and vegetable sectors.
Data Shows Rural Northeast Population Shrinking | Eye on Congress: Three Legislative Initiatives to Watch
Across the United States a trend has been emerging: For the first time, the overall rural population has been declining as birthrates have fallen and more people move to metro areas. This population shift has numerous implications for Northeast Agriculture and we discuss some of these in this month’s Knowledge Exchange Partner. We’ve also got an eye on Congress this month. Read this issue for a look at three legislative initiatives that are worth tracking. For more information, visit FarmCreditEast.com.