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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A Healthy Farm Starts with a Healthy You
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
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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Ag Economy
Dairy Outlook 2023 – Managing Your Risk: Markets, Margins and Revenue
What does 2023 look like for the dairy industry? Marin Bozic gives a recap of ’22, pricing outlook for ’23, and long-term trends in markets and policy. Following, Gregg McConnell discussed using that information to personalize a risk management approach for your farm.
January 19, 2023
Ag Economy
2021 Northeast Dairy Farm Summary
This year’s Northeast Dairy Farm Summary summarizes the results of 170 dairy farms of all sizes, from across the region.
June 07, 2022
Ag Economy
Northeast Agriculture: 2022 Insights & Perspectives
This report provides an economic analysis and papers on agriculture, commercial fishing and the forest products industry.
March 01, 2022
Ag Economy
2022 Dairy Outlook
2021 was a crazy year with the impact of COVID-19 on schools and foodservice markets still being felt. What does 2022 look like? Dr. Chris Wolf, Cornell University, presented Farm Credit East’s annual dairy outlook webinar. Dr. Wolf gave an overview of the economy, changes to milk production and sales, dairy markets around the world, and other factors that may influence the coming year for dairy producers in the Northeast.
January 20, 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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