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
The Federal Reserve’s Actions on Interest Rates and What it Means for Farm Credit East Borrowers
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
Knowledge Exchange Partner
U.S. Economic Forecast
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
Knowledge Exchange Partner
The Impact of the War in Ukraine on the U.S. Agricultural Economy
The invasion of Ukraine has obvious and significant effects on global geopolitics, as well as tremendous humanitarian impacts on the Ukrainian population. In this month’s Knowledge Exchange Partner, learn more about the invasion's impact on the U.S. agricultural economy.
April 05, 2022
Knowledge Exchange Partner
Inflation and Snarled Supply Chains: Is There Relief in Sight?
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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