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
Discover insights, trends, ag market outlooks and other topical information as it relates to the Northeast's diverse agricultural industries. Brought to you by Knowledge Exchange from Farm Credit East.
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Latest From Today's Harvest Blog
Crop Insurance
Protect Your Harvest from the Fury of Hail with Crop Growers Crop Insurance
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
Ag Economy
2024 Maple Industry Outlook 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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Farm Credit
FARM CREDIT SYSTEM REPORTS NET INCOME OF $7.3 BILLION FOR 2022
The Farm Credit System today reported combined net income of $7.3 billion for the year ended December 31, 2022, as compared with $6.8 billion for the prior year. The System also reported combined net income of $1.8 billion for the fourth quarter of 2022, as compared with $1.6 billion for the fourth quarter of 2021.
February 22, 2023
Farm Credit
A Healthy Farm is Nothing Without a Healthy You
May is Mental Health Awareness Month, which makes it the perfect time to step back and check in with your family, your staff, and most importantly, yourself.
May 24, 2022
Farm Credit
Preparing the Next Generation of Dairy Leaders
Farm Credit East, along with more than 80 sponsors, contributed to this year's Northeast Dairy Challenge. The program engages students with a holistic, on-farm experience to put their ag education and communication skills to the test.
October 19, 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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