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
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
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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In this month’s Knowledge Exchange Partner, Farm Credit East Tax Consultant, Edward Maxwell, explains the importance of understanding your operation’s tax liability and how to tax plan for cash basis reporting.
September 07, 2022
In this month’s Knowledge Exchange Partner, Farm Credit East Chief Financial Officer, Andrew Grant, explains the reasoning behind the Federal Reserve raising interest rates and what potential impacts it could have on Farm Credit East borrowers.
August 08, 2022
In this month’s Knowledge Exchange Partner, hear from seven Farm Credit East business consultants and get their take on what business owners can do to cope with these rising prices and supply chain disruptions.
July 07, 2022
In this month's Knowledge Exchange Partner, read a summary of the recently released 2021 Northeast Dairy Farm Summary report. 170 dairy farms from Connecticut, Massachusetts, Maine, New York and Vermont participated in this year's study.
June 08, 2022
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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