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
Knowledge Exchange Partner
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
All from Knowledge Exchange
The search results are displayed
Whether you're planning for a banner year or bracing for the worst, the main factors in any business are planning and communication. Farm Credit East Business Consultant, Ethan Robertson, gives some specific examples of planning for the year ahead, as well as succession planning for further into the future.
March 22, 2022
Originally published in Hoard's Dairyman, this article by Roger Murray, Farm Credit East Chief Marketplace Officer, examines the characteristics and process of operating a business with a sustainable competitive advantage.
March 08, 2022
February 22, 2022
Farm Credit East, the OSHA Workgroup, and the Northeast Dairy Producers Association (NEDPA) recently held a webinar regarding recent OSHA dairy farm updates. This year’s OSHA update featured topics on farm visitor safety, safety equipment and training, serious incident reporting and OSHA farm inspections, as well as hazard communications in agriculture, presented by guest speaker, Michelle Baker. Along with the overview of OSHA Hazard Communication regulations, various important reminders about other farm safety topics were discussed.
February 17, 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.
Success! Check your email for a copy of your download, or you can click here to see it.