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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Knowledge Exchange Partner

Knowledge Exchange Partner

Farm Credit East Production Cost Index Plateaus at New High

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.

May 6, 2024

Farmer loading pickup truck with corn harvest in field

Latest From Today's Harvest Blog

Soybean field at sunset
Ag Economy
2024 Grain and Oilseed Industry Outlook Summary

2023 had surprising results after a seemingly poor growing season. U.S. farmers are currently facing increasing export competition in a declining price environment. What will this mean for producer margins in 2024?

April 30, 2024

Featured Webinar

Bottles of maple syrup line a rack in a small syrup production facility
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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Tag: labor 
Farm workers harvesting vegetables in a field near a red tractor with a wagon
Knowledge Exchange Partner
The “Modernized” H-2A Program - What Every Agricultural Business Needs to Know!

In this month’s Knowledge Exchange Partner, Attorney L.J. D’Arrigo looks at the H-2A temporary work visa program, and the reforms which have been proposed by the U.S. Department of Labor, and the U.S. Customs and Immigration Service. The H-2A program allows foreign workers to legally come to the United States and work in temporary agricultural positions.

January 11, 2024

Woman in front of tractor in agriculture field holding and looking at a laptop computer, with tax talk logo in corner
Tax Talks
New York Farm Overtime Credit – What you need to know Part II

Today, we continue the conversation about the New York Farm Overtime Credit by looking at helpful tips and potential pitfalls employers need to understand as they get ready for January 1, 2024.

December 29, 2023

Woman farmer using a laptop in crop field in front of a tractor. Tax Talk logo in bottom righ corner.
Tax Talks
New York Farm Employer Overtime Credit - What you need to know

With 2024 around the corner, New York state farmers need to begin thinking about the Farm Overtime Credit that will provide a refund for hours worked between the thresholds set by the state and 60 hours. 

December 05, 2023

Knowledge Exchange Partner
Overview of the H-2A Visa Program

Demand for foreign workers under the H-2A temporary visa program has significantly expanded in recent years. This month’s Knowledge Exchange Partner provides an overview of a recent H-2A webinar hosted by Farm Credit East and Harris Beach, PLLC.

December 11, 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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2020 Northeast Economic Impact Report Cover