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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Getting a loan application ready can be daunting and puzzling. But you don’t need to know all the answers. Lenders, like Farm Credit East, can provide resources and guidance to assist you in determining if a loan is the best answer for you and what you will need to apply and qualify for one.
December 01, 2023
At Thanksgiving, we give thanks for many things. We are thankful for our families, loved ones and the food we sit down to share as we celebrate the holiday — along with the Northeast producers who will make our Thanksgiving meal possible.
November 21, 2023
This webinar led by hosted by Agri-Mark, guest speaker Heather LaPierre, Grant Coordinator for Farm Credit East, helps listeners identify their “grant readiness,” provides insight on what makes a competitive grant application, and addresses frequently asked questions as agribusinesses consider pursuing grant funding.
November 15, 2023
Between rate increases, tightening inventories, market volatility and the rising cost of inputs, the agricultural equipment and financing landscape is entering a distinctly different environment following years of unprecedented demand and high farm profitability. As we head into year-end, here are the major themes and factors impacting machinery purchases, financing activity and overall buyer sentiment.
November 14, 2023
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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