A new dairy insurance service from American Farm Bureau Insurance Services will bring an extra level of support to a dairy sector that has been battered by losses over the past four years.AFBIS’ Dairy Revenue Protection insurance policy, available by early October, covers potential revenue loss over five quarterly insurance periods.The insurance product was developed by American Farm Bureau Federation Chief Economist John Newton in partnership with AFBIS and economists from the University of Minnesota and Cornell University. It fills a demand not met by previous products.
We are honored to have Nationwide® Board Member Sparky Weilnau in attendance. Governor Phil Scott, Lt. Governor David Zuckerman, Secretary of Agriculture Anson Tebbets, and other key members of the agricultural community have been invited. This is an election year and your vote matters! If you are interested in running for a Vermont Farm Bureau officer position please don't hesitate to contact your county President. Most of all we look forward to having lunch with you and hearing about your agricultural issues. RSVP by August 10, 2018 to: Joe Tisbert, President Vermont Farm Bureau at email@example.com or call 802-644-6598. Board Meeting starts at 10 followed by the picnic at noon. Westlands Farm 86 VT Route 14, So. Royalton, VT 05068.
Buy, lease or hold the old? The changes in tax law will impact decisions you as a farm operator make over the next several years. These decisions may center around farm equipment, livestock and other assets that depreciate. The new law revised the rules around depreciation and it will allow full and immediate expensing for purchases over the next several years. The new law, however, ended like-kind exchanges (the replacing of a depreciating asset without paying the taxes on the new item) and that can affect the way you approach your personal property, such as equipment and livestock and the taxation of these assets.
Every year members are recognized for their exemplary service to agriculture at Vermont Farm Bureau’s Annual Meeting and Conference. This year's meeting is November 2 -3 at Trader Duke's Hotel in Burlington. Categories are Vermont Century Farm, the Cornwall Award, Farm Woman of the Year Award, Young Farmer Achievement Award Farm Family of the Year Award and the Wallace award. Click on More info for detailed descriptions and application forms. Applications are due at the Farm Bureau office by October 1, 2018. Bruce Shields accepts the Wallace Award from Joe Tisbert at the 2016 Annual Meeting