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.
Ag Industry Trends & Outlooks
Knowledge Exchange Partner
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The dairy industry is inherently unpredictable. Market fluctuations, weather conditions and production variables all contribute to an unstable income landscape for dairy farmers. Dairy Revenue Protection, commonly referred to as DRP, is a federally subsidized program designed to help dairy producers manage revenue risk. This program offers dairy farmers a way to protect against unexpected declines in quarterly revenue from milk sales.
May 6, 2025
Featured Webinar
In the recent webinar, Farm Credit East, Horizon Farm Credit and CoBank Lead Economists, Tanner Ehmke and Jacqui Fatka, explore the latest insights on U.S. grain and biofuel markets. With record soybean and corn harvests, profitable storage options and recovering export demand, the landscape is shifting.
January 6, 2025
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2023 was a wet growing season in the Northeast. As a result, the more than 240 Northeast potato producers growing 63,000 acres of potatoes endured a tough growing season loss. Many Northeast potato farmers use crop insurance to help manage this risk. Below are three endorsements that tailor the USDA RMA potato crop insurance policy for potato operations.
January 30, 2024
"Not every day is perfect, but having the ability to make a difference in an agricultural operation allows me to walk away with such fulfillment." As the year comes to a close, Crop Growers crop insurance agent Daniele Harris reflects on 2023 and looks forward to continuing to help Northeast producers in 2024.
December 19, 2023
What’s the beef with Livestock Risk Protection? Livestock Risk Protection (LRP) has grown in popularity as the U.S. has experienced record high beef prices. LRP is a subsidized risk management program designed to insure against unexpected declines in livestock prices.
November 07, 2023
The deadline to insure Northeast perennial crops for the 2024 crop year is November 20, 2023. Insurable perennial crops include apples, peaches, grapes, cranberries, blueberries, pears and cherries. Coverage availability varies by county, so please review the information available at CropGrowers.com, or contact a Crop Growers agent.
October 17, 2023
Northeast Economic Engine
Download Farm Credit East’s Northeast Economic Engine report, which analyzes the economic impact of the Northeast agriculture, forest products, commercial fishing and food manufacturing industries. This report was released in October 2024.
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