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
Tax Talks
Handling State Tax Refunds from Business Tax Credits
With many taxpayers having filed their 2023 taxes, refunds are appearing in their bank accounts. There may be a question of what to do with these funds. Particularly for those in states that had an expansion of refundable credits generated from farm businesses.
May 29, 2024
Featured Webinar
Business Tips and Tools
2024 Beneficial Ownership Information Webinar
In this webinar Farm Credit East experts will discuss the requirements of Beneficial Ownership Information Reporting including what entities are required to report, what entities are exempt, and how to determine who the beneficial owners are. We’ll cover the timelines for reporting, what information is needed to complete the filing, and when updates will be required to the initial filing.
June 10, 2024
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Knowledge Exchange Partner
Overview of the H-2A Visa Program
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
Knowledge Exchange Partner
Overtime for Agricultural Workers
In this month’s Knowledge Exchange Partner, read about various current and proposed agricultural labor overtime provisions across Northeast states, including New York, Maine and Massachusetts.
November 09, 2021
Knowledge Exchange Partner
Update on Government Relief Programs
Since the emergence of COVID-19 in early 2020, the U.S. Federal Government has put forth a large number of economic relief programs in an attempt to shore up the overall economy, as well as to support farming, fishing and forestry more specifically. This month's Knowledge Exchange Partner provides a summary of some major economic relief programs and their current status.
October 06, 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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