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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Latest From Today's Harvest Blog
Crop Insurance
Protect Your Harvest from the Fury of Hail with Crop Growers Crop Insurance
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
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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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Ag Economy
2024 Grain and Oilseed Industry Outlook
In this webinar, Farm Credit East and Dr. Robert Maltsbarger of the Food and Policy Research Institute at the University of Missouri, presented a 2024 Grain and Oilseed Industry Outlook.
April 09, 2024
Ag Economy
5 Takeaways from the 2024 Apple Outlook
According to the USAppleTracker monthly storage report, November holdings were 191 million bushels – an all-time high, eclipsing the mark set during the 2014/15 season. What does this mean for the 2024 season? Farm Credit East recently hosted a webinar with Chris Gerlach, USApple’s Director of Industry Analytics, to find out.
April 04, 2024
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2024 Grain and Oilseed Outlook
Dr. Bob Maltsbarger, Senior Research Economist with the Food and Agricultural Policy Research Institute, gives his insights on the state of the cash grain and oilseed industries for 2024, including U.S. production, supply and demand trends, competition from other countries, weather-related market fluctuations, and other industry related conditions in this year's industry outlook report.
March 26, 2024
Ag Economy
2024 Green Industry Outlook
In this webinar, Farm Credit East was joined by Texas A&M’s Dr. Charlie Hall who reviewed green industry operational and financial performance in 2023 and then discussed the outlook for 2024.
March 20, 2024
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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