After a rapid rise in 2021 and 2022, the Farm Credit East Production Cost Index has plateaued after relatively modest increases over the previous decade. This index tracks farm production costs on a relative basis, weighted towards costs that affect Northeast producers most. Major components of the index include labor, energy, family living expenses, crop inputs, as well as costs like animal feed and other dairy-related expenses, given that sector’s prominence in our region.
Ag Industry Trends & Outlooks
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Latest From Today's Harvest Blog
Crop Growers, the insurance provider of Farm Credit East, provides coverage for reduced quality and production of crops resulting from hail events, giving acre-by-acre protection that can cover up to the full value of the crop.
May 8, 2024
Featured Webinar
Farm Credit East hosted Mark Cannella of the University of Vermont for a look at the Maple syrup and sugar industry in 2024.
April 10, 2024
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This webinar led by crop insurance specialists from Crop Growers will discuss how crop insurance policies respond to losses and what steps farmers need to take to take in the event of a loss. Join us on Thursday, July 6th at 12 noon to learn more.
July 06, 2023
This year’s late May freeze event has left the industry stunned and wondering what’s next. This webinar led by Crop Growers LLP will discuss how crop insurance policies respond to losses and what steps farmers need to take to take in the event of a loss.
June 07, 2023
May is Mental Health Awareness Month. To raise awareness around the importance of dealing with issues impacting mental health — from stress to conflict — following are helpful resources available in each Northeast state.
May 16, 2023
Country Living Loans from Farm Credit East is able to finance several types of non-conforming real estate that traditional financial institutions can’t, including new construction, vacant land and farms. But what about manufactured homes? To answer this, Mortgage Specialist, Kali Kraeger goes over Country Living Loans financing capabilities.
April 03, 2023
Northeast Economic Engine
Download Farm Credit East’s Northeast Economic Engine report, which analyzes the economic impact of the Northeast agriculture, forest products and commercial fishing industries. This report was released in November 2020.
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