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
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Latest From Today's Harvest Blog
Simply defined, liquidity is having cash or assets on hand to pay bills and expenses. Liquidity is particularly important in agriculture given the unique risks – from fluctuating commodity prices and weather volatility to regulatory constraints — along with the financial characteristics of agricultural businesses, including seasonality, family living needs and capital investment considerations.
May 21, 2024
Featured Webinar
In this webinar Farm Credit East experts will discuss the requirements of Beneficial Ownership Information Reporting including what entities are required to report, what entities are exempt, and how to determine who the beneficial owners are. We’ll cover the timelines for reporting, what information is needed to complete the filing, and when updates will be required to the initial filing.
June 10, 2024
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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
In this month's Knowledge Exchange Partner, Forest Economic Advisors, LLC (FEA) examines the forest product markets over the coming year including the state of recession predictions, overall economic growth, and construction and manufacturing markets in this year's 2024 Outlook for the Forest Products Industry report.
March 06, 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
In this month’s Knowledge Exchange Partner, Attorney L.J. D’Arrigo looks at the H-2A temporary work visa program, and the reforms which have been proposed by the U.S. Department of Labor, and the U.S. Customs and Immigration Service. The H-2A program allows foreign workers to legally come to the United States and work in temporary agricultural positions.
January 11, 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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