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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Innovation and Emerging Markets
Stewards of the Land: A Western New York dairy converts waste into renewable energy
Today our Stewards of the Land series takes us to a Western New York dairy farm. Noblehurst Farms is a 1,850-cow dairy with 3,000 crop acres, and their most recent iteration in a long history of environmental stewardship was the installation of an anaerobic digester.
August 17, 2021
Innovation and Emerging Markets
Stewards of the Land: A Massachusetts’ farm’s road to net zero
Today begins a four-part series highlighting Northeast agricultural producers who have implemented various practices to benefit the environment. We’ll kick off the series at Russell Orchards Farm Store and Winery, a 120-acre fruit and vegetable farm in Ipswich, Massachusetts.
August 10, 2021
Lessons from the Pandemic: Animal Protein Sector's Resilience
From long lines to empty supermarket shelves, the onset of the COVID-19 pandemic in the spring of 2020 caused disruptions in our food system like we have never experienced in our lifetime. In this first installment of our Lessons from the Pandemic series, we take a look at the animal protein sector.
May 18, 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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