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
Agricultural Business Basics – Farm Financial Management
Farm Credit East and Cosponsor, the Martha’s Vineyard Agricultural Society hosted a free webinar on Agricultural Business Basics – Farm Financial Management.
February 01, 2024
Business Tips and Tools
Why Is Liquidity Important To Your Ag Operation?
In the financial world, your cash position is referred to as liquidity, i.e. your ability to pay your bills. Liquidity is important to any agricultural business, yet it may have a heightened significance depending on what you produce, how long it takes you to produce it and how it’s sold or marketed.
October 03, 2022
Knowledge Exchange Partner
Tax Strategies for 2022
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
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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