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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Living in rural America provides an abundance of fresh air and sunshine (at least during the summer months here in central New York), but what else should you consider when moving to a rural area?
January 16, 2023
Start your New Year secure! One way Farm Credit East is helping our customers do that is through Farm Credit Connect, our modernized customer portal. Farm Credit Connect is Farm Credit East’s digital portal and enhances the ways you can do business with us. It provides 24/7 access to your information using the most modern security standards to ensure your information remains secure.
January 02, 2023
Originally published in Hoard's Dairyman, this article by Roger Murray, Farm Credit East Chief Marketplace Officer, highlights five considerations to make in your business planning as you prepare for 2023.
December 12, 2022
Are you in need of financing for your farm, fishing or forestry business but not sure how to get started? Don’t let the process be a barrier to getting the funding you need! Keep reading for a list of essential information you’ll need to submit an application.
December 05, 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.
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