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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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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Ag Economy
Dairy Outlook 2023 – Managing Your Risk: Markets, Margins and Revenue
What does 2023 look like for the dairy industry? Marin Bozic gives a recap of ’22, pricing outlook for ’23, and long-term trends in markets and policy. Following, Gregg McConnell discussed using that information to personalize a risk management approach for your farm.
January 19, 2023
Ag Economy
2022 Grain and Oilseed Outlook
In today's blog, Zach Harding, The Andersons Inc., gives a recap on the grain and oilseed industry in 2021, as well as an outlook for 2022. This paper, along with more highlighting other industry outlooks in the Northeast, can be found in Northeast Agriculture: 2022 Insights & Perspectives.
April 04, 2022
Ag Economy
2020 Dairy Farm Summary & 2021 Mid-Year Dairy Outlook
Farm Credit East’s Northeast Dairy Farm Summary is the most comprehensive economic analysis of the region’s dairy industry. The 2020 edition marks the 41st year of the report, which looks at the financial results of 204 Northeast dairy farms. Chris Laughton, editor of the report, reviewed and discussed the year that was for dairy. Jeremy Forrett, manager of Crop Growers LLP, discussed risk management options for current market conditions, and finally, Catherine de Ronde, of Agri-Mark delivered a price and market outlook for the second half of 2021.
June 23, 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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