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
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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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
Knowledge Exchange Partner
Overtime for Agricultural Workers
In this month’s Knowledge Exchange Partner, read about various current and proposed agricultural labor overtime provisions across Northeast states, including New York, Maine and Massachusetts.
November 09, 2021
Knowledge Exchange Partner
Update on Government Relief Programs
Since the emergence of COVID-19 in early 2020, the U.S. Federal Government has put forth a large number of economic relief programs in an attempt to shore up the overall economy, as well as to support farming, fishing and forestry more specifically. This month's Knowledge Exchange Partner provides a summary of some major economic relief programs and their current status.
October 06, 2021
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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