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, Farm Credit East Tax Consultant, Edward Maxwell, explains the importance of understanding your operation’s tax liability and how to tax plan for cash basis reporting.
September 07, 2022
In this month's Knowledge Exchange Partner, read a summary of the recently released 2021 Northeast Dairy Farm Summary report. 170 dairy farms from Connecticut, Massachusetts, Maine, New York and Vermont participated in this year's study.
June 08, 2022
Given the volatility in dairy markets, figuring out the best risk management strategy can be tricky. In this month’s Knowledge Exchange Partner, learn more about risk mitigation with the Dairy Margin Coverage program and crop insurance options that might fit your dairy business.
February 09, 2022
In this month's Knowledge Exchange Partner, read highlights from the recently released 2020 Northeast Dairy Farm Summary. The report summarizes the analysis of farm financial data from 204 Northeast dairy farms and provides an overview of the remarkable year 2020 was for dairy.
July 07, 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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