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
Ag Economy
2024 Grain and Oilseed Industry Outlook Summary
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
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
Farm Credit East Knowledge Exchange Industry Snapshots
This month's Knowledge Exchange Partner highlights a series of Industry Snapshots compiled by Farm Credit East's Director of Knowledge Exchange, Chris Laughton. In addition to a summary of the national economy, northeast farm economy sectors such as dairy, cash field crops, and fruit are also included.
August 08, 2023
Knowledge Exchange Partner
The Dairy Industry: Review of 2022 and a Look Ahead
This month's Knowledge Exchange Partner includes a snapshot from the recently released Dairy Farm Summary. This article, written by Dr. Marin Bozic and Brian Walton, Bozic LLC, provides a review of the dairy industry in 2022 and an outlook for the remainder of 2023.
July 03, 2023
Knowledge Exchange Partner
Farm Credit East Knowledge Exchange Industry Snapshots
This month's Knowledge Exchange Partner highlights a series of Industry Snapshots, compiled by Farm Credit East's Director of Knowledge Exchange, Chris Laughton. In addition to a summary of the national economy, northeast farm economy sectors such as dairy, timber and forest products, cash field crops, livestock, fruit, vegetables, greenhouse and fishing are included.
May 03, 2023
Knowledge Exchange Partner
USDA Dairy Margin Coverage Program
Learn all about the Dairy Margin Coverage (DMC) risk management program in this month’s Knowledge Exchange Partner, including coverage options, limitations and the deadline to sign up.
November 01, 2022
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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