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
2023 had surprising results after a seemingly poor growing season. U.S. farmers are currently facing increasing export competition in a declining price environment. What will this mean for producer margins in 2024?
April 30, 2024
Featured 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
All from Knowledge Exchange
The search results are displayed
May is Mental Health Awareness Month, which makes it the perfect time to step back and check in with your family, your staff, and most importantly, yourself.
May 24, 2022
Farm Credit East, along with more than 80 sponsors, contributed to this year's Northeast Dairy Challenge. The program engages students with a holistic, on-farm experience to put their ag education and communication skills to the test.
October 19, 2021
Effective business communication is dependent on how employees and management interact with each other to reach operational goals. But what if there’s a disruption to that communication or a formal plan was never discussed? Jon Jaffe, Farm Credit East business consultant, guides readers through the steps of a communication reset.
July 13, 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.
Success! Check your email for a copy of your download, or you can click here to see it.