Ag Industry Trends & Outlooks

This month's Knowledge Exchange Partner article contributed by Mark Cannella, Extension Associate Professor, University of Vermont the article focuses on the U.S. Maple industry and delves into strategic initiatives by the International Maple Syrup Institute, including market development, standardization, and sustainability efforts. With insights into production trends and economic impacts, this comprehensive outlook provides a roadmap for the future of the U.S. maple syrup industry.

This report illustrates the importance of agriculture, commercial fishing, forest products and food manufacturing to the Northeast economy.

Natural resource-based businesses, like farming, fishing, forestry, and food manufacturing do more than provide food, fiber, building materials, ornamentals and other goods. They are economic engines in their communities, providing jobs and financial impacts throughout the region. In a new report, Farm Credit East, in collaboration with researchers at Cornell University, examines the economic impact of these industries in New England, New York and New Jersey.

Farm Credit East and Horizon Farm Credit reviewed the recently released "Northeast Dairy Farm Summary" report, which covered last year's financial results for 283 Northeast dairy farms and discussed the dairy market outlook for the year ahead with Corey Geiger of CoBank.