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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Simply defined, liquidity is having cash or assets on hand to pay bills and expenses. Liquidity is particularly important in agriculture given the unique risks – from fluctuating commodity prices and weather volatility to regulatory constraints — along with the financial characteristics of agricultural businesses, including seasonality, family living needs and capital investment considerations.
May 21, 2024
Featured 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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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
Grants are competitive, but there’s a lot in your control to prepare for success. Read these helpful tips to get you started.
March 07, 2024
Farm Credit East and Cosponsor, the Martha’s Vineyard Agricultural Society hosted a free webinar on Agricultural Business Basics – Farm Financial Management.
February 01, 2024
Cyber threats are increasingly common — from cybercriminals gaining access to personal accounts, to ransomware attacks resulting in malicious software that lock computers until a ransom is paid. Following are five tips to help prevent you from becoming a victim of a cyber scam and ensure your information remains secure.
January 23, 2024
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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