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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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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The USDA and its partner vendors have announced the opening of the application period for Section 22007 of the Inflation Reduction Act (IRA), which directs USDA to provide financial assistance to farmers, ranchers, and forest landowners who experienced discrimination in USDA farm lending programs prior to January 2021.
October 24, 2023
GenerationNext is a series of seminars, hosted by Farm Credit East, designed to advance the management skills and business knowledge of the next generation of ag business managers.
October 17, 2023
The deadline to insure Northeast perennial crops for the 2024 crop year is November 20, 2023. Insurable perennial crops include apples, peaches, grapes, cranberries, blueberries, pears and cherries. Coverage availability varies by county, so please review the information available at CropGrowers.com, or contact a Crop Growers agent.
October 17, 2023
October is Cybersecurity Awareness Month. Farm Credit East’s security team is working to educate customers and staff about security best practices to use in their work and personal lives. There are a few things you can implement today to keep you and your information safe.
October 12, 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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