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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FarmStart and Beginning Farmers
Investing in New Ag Producers from all Walks of Life
FarmStart, a partnership between Farm Credit East and CoBank, supports individuals looking to launch businesses in farming, fishing and forestry in the Northeastern U.S. This mission-related investment program helps Young, Beginning and Small farmers overcome some of their challenges and barriers to entry.
April 18, 2023
FarmStart and Beginning Farmers
Farm Finance for Beginning and Part-time Farmers
Are you interested in starting a farm? Or, do you have a farm already and would like to learn more about managing it profitably? Are you considering approaching a lender to obtain credit? Farm Credit East and the Worcester County Conservation District offered a free webinar that dove into farm finance for beginning and part-time farmers. Topics covered included recordkeeping, understanding financial statements, cash flow budgeting, and financing and credit/working with lenders.
January 21, 2022
FarmStart and Beginning Farmers
A Step-By-Step Guide to Escrow
In today’s blog, Country Living mortgage specialist, Kali Kraeger, explains the ins and outs of escrow when purchasing real estate.
October 12, 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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