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
Knowledge Exchange Partner
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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In this month’s Knowledge Exchange Partner, Farm Credit East Chief Financial Officer, Andrew Grant, explains the reasoning behind the Federal Reserve raising interest rates and what potential impacts it could have on Farm Credit East borrowers.
August 08, 2022
One of the key factors affecting the U.S. economy today is inflation. Read about price increases and capacity constraints across the country, as well as an economic outlook for the coming months.
May 03, 2022
April 05, 2022
Earlier this year, the Knowledge Exchange Partner covered inflation and supply chain disruptions due to the ongoing COVID-19 pandemic with estimates on how the year might go. This month, we provide an update for 2021 and projections for 2022.
December 09, 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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