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, timber and forest products, cash field crops, livestock, fruit, vegetables, greenhouse and fishing are included.
Ag Industry Trends & Outlooks
Knowledge Exchange Partner
Latest From Today's Harvest Blog
The dairy industry is inherently unpredictable. Market fluctuations, weather conditions and production variables all contribute to an unstable income landscape for dairy farmers. Dairy Revenue Protection, commonly referred to as DRP, is a federally subsidized program designed to help dairy producers manage revenue risk. This program offers dairy farmers a way to protect against unexpected declines in quarterly revenue from milk sales.
May 6, 2025
Featured Webinar
In the recent webinar, Farm Credit East, Horizon Farm Credit and CoBank Lead Economists, Tanner Ehmke and Jacqui Fatka, explore the latest insights on U.S. grain and biofuel markets. With record soybean and corn harvests, profitable storage options and recovering export demand, the landscape is shifting.
January 6, 2025
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Crop insurance can protect against financial losses from weather-related crop damage and quality reductions. Its purpose is to ensure farmers can continue operating after a difficult season. In a year like 2023, being insured against these types of weather events can make or break a business.
February 22, 2024
February 14, 2024
In 2023, the Northeast experienced another wet tobacco growing season. Given the high cost of tobacco cultivation (over $1,000 per acre), risk management plans are crucial for producers. Connecticut insured more than 3,000 acres of this valuable crop. The purpose of crop insurance, like any other insurance, is not to bring profits but to make the producer whole again so they can continue to farm the following year.
February 13, 2024
In this month’s Knowledge Exchange Partner, Dr. Christoher A. Wolf of Cornell University reviews 2023 milk production and looks ahead to with a 2024 milk price outlook as well as a policy update on the recently concluded Federal Milk Marketing Order Hearing.
February 07, 2024
Northeast Economic Engine
Download Farm Credit East’s Northeast Economic Engine report, which analyzes the economic impact of the Northeast agriculture, forest products, commercial fishing and food manufacturing industries. This report was released in October 2024.
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