Ag Industry Trends & Outlooks

Join Farm Credit East, Dr. Christopher Wolf of Cornell University and Dr. Marin Bozic of the University of Minnesota for a recap of 2023, and an outlook for what 2024 may bring us in global dairy markets. 

This month's Knowledge Exchange Partner covers two industry updates. The first, a seasonal update on the economics of this year's Christmas Tree industry, and the second, a look at the United States-Mexico-Canada Agreement treaty and Canada's dairy market. Compiled by Farm Credit East's Director of Knowledge Exchange, Chris Laughton.

This month's Knowledge Exchange Partner highlights a series of Industry Snapshots compiled by Farm Credit East's Director of Knowledge Exchange, Chris Laughton. In addition to a summary of the national economy, northeast farm economy sectors such as dairy, cash field crops, and fruit are also included.

At the beginning of this year, many economists were projecting dairy prices to be lower than 2022, but the year so far has turned out differently than expected. Dairy Revenue Protection is a quarterly risk management program that protects dairy producers from unexpected declines in milk prices, thereby protecting milk money. With the volatility we’ve seen thus far this year, is your milk money protected?