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
Crop Growers, the insurance provider of Farm Credit East, provides coverage for reduced quality and production of crops resulting from hail events, giving acre-by-acre protection that can cover up to the full value of the crop.
May 8, 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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Whether you're renewing your crop insurance policy, or signing up for the first time, choosing a unit structure for your policy can be tricky. Daniele Ricci, Crop Growers LLP, lays out the basic unit structures and gives an overview of how to determine the right structure for your operation.
January 19, 2022
Building a house can be a stressful venture, but Country Living Mortgage Specialist Anthony Oliver gives readers the first few steps to consider before getting involved in the rural home construction process.
November 02, 2021
Originally published in Hoard's Dairyman, this article by Roger Murray, Farm Credit East Chief Marketplace Officer, touches on limiting legal risk, specifically farm regulatory compliance, human resource issues and liability risk.
October 26, 2021
If you are interested in adding a methane digester to your dairy operation, view the recording for a webinar on renewable natural gas methane digesters for dairy farms. Paul Sousa from Western United Dairies presented an overview of digester economics, policy considerations, incentives and operational factors. Paul also discussed climate policies and legislation and how dairy methane gas fits in. Whether you are considering partnering with a renewable energy developer, operating a facility yourself, leasing space for a digester, or just want to learn more about this opportunity, give the recording a watch.
October 20, 2021
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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