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
Discover insights, trends, ag market outlooks and other topical information as it relates to the Northeast's diverse agricultural industries. Brought to you by Knowledge Exchange from Farm Credit East.
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Business Tips and Tools
A Healthy Farm Starts with a Healthy You
May is Mental Health Awareness Month, which is a good time to check in on your own mental wellbeing and that of your family, staff, and loved ones.
May 14, 2024
Featured Webinar
Ag Economy
2024 Maple Industry Outlook 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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Business Tips and Tools
What’s new with OSHA and the New York State Dept. of Labor
Farm Credit East in partnership with the Northeast Dairy Producers Association recently held a webinar discussing OSHA’s new approach during enforcement inspections along with New York States’ free consultation services specifically for dairy farms.
March 22, 2023
Business Tips and Tools
Understanding your Cost of Production
Risk management is the name of the game. If you know your Cost of Production (COP), your risk management strategy can set you up to preserve three things: liquidity, equity for future investments and equity for retirement.
February 06, 2023
Business Tips and Tools
5 Tips to Keep your Data Secure
We use technology in many ways — from desktop computers and laptops to tablets, smartphones or smartwatches. And unfortunately, all of these devices pose security risks. It’s important to understand these risks and the steps you can take to reduce your risk of a data privacy breach. To spread awareness about online privacy during Data Privacy Week, we put together the following five tips to ensure your private, personal information remains secure.
January 23, 2023
Business Tips and Tools
2023 Crop Insurance Strategies and Outlook
As we begin a new year, producers need forecasts and strategies in order to solidify their 2023 risk management strategies. Crop Growers LLP, in conjunction with Watts & Associates Economic Consultants, are hosting a webinar providing a market outlook, March 15 Farm Bill decisions and ERP payments.
January 17, 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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