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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Today’s Tax Talks provides taxpayers some important updates regarding the Employee Retention Credit (ERC).
August 26, 2021
While much of the federal assistance has tapered, many states have begun looking at ways to provide relief to small businesses hit hard by the COVID-19 pandemic. In today's blog, we’ll focus on New York State’s COVID-19 Pandemic Small Business Recovery Grant Program.
July 27, 2021
The tax code can be very confusing for agricultural businesses at times. Senior Tax Consultant, Dario Arezzo, dissects one of these instances — related party transfers — in today's Tax Talks blog.
June 30, 2021
Every so often, there are years when estate planning becomes the hot topic among farmers. With several proposals circulating in Washington, D.C., it appears that 2021 will be one of those years.
May 26, 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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