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
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Latest From Today's Harvest Blog
May is Mental Health Awareness Month, which is a good time to check in on your own mental wellbeing and that of your family, staff, and loved ones.
May 14, 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
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In this month’s Knowledge Exchange Partner, Mark Cannella, Associate Professor with the University of Vermont Extension, gives insight into the maple industry in the U.S. and Quebec, important financial market factors and a strategic outlook for the year ahead.
March 01, 2023
In this month’s Knowledge Exchange Partner, Dr. Charlie Hall of Texas A&M University gives a Green Industry update and economic outlook for 2023.
January 31, 2023
Farm Credit East’s Chief Financial Officer, Andrew Grant, gives insight into inflationary trends and explains the difference between short-term and long-term interest rates in this month’s Knowledge Exchange Partner.
January 05, 2023
Demand for foreign workers under the H-2A temporary visa program has significantly expanded in recent years. This month’s Knowledge Exchange Partner provides an overview of a recent H-2A webinar hosted by Farm Credit East and Harris Beach, PLLC.
December 11, 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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