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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Business Tips and Tools
A Healthy Farm Starts with a Healthy You
May is Mental Health Awareness Month, which is a good time to check in on your own mental wellbeing and that of your family, staff, and loved ones.
May 14, 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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Ag Economy
Dairy Outlook 2023 – Managing Your Risk: Markets, Margins and Revenue
What does 2023 look like for the dairy industry? Marin Bozic gives a recap of ’22, pricing outlook for ’23, and long-term trends in markets and policy. Following, Gregg McConnell discussed using that information to personalize a risk management approach for your farm.
January 19, 2023
Business Tips and Tools
2023 Crop Insurance Strategies and Outlook
As we begin a new year, producers need forecasts and strategies in order to solidify their 2023 risk management strategies. Crop Growers LLP, in conjunction with Watts & Associates Economic Consultants, are hosting a webinar providing a market outlook, March 15 Farm Bill decisions and ERP payments.
January 17, 2023
Crop Insurance
Approved Production History Onion Insurance Policy - Is Your Crop Covered?
Onions are a specialized high-value crop, so it is essential to understand their insurance policy. Onions fall under the Multi-Peril Crop Insurance Approved Production History policy. In other words, anything Mother Nature throws at the crop is covered. Is your crop covered?
January 09, 2023
Business Tips and Tools
The Levels of Dairy Risk Management
Dairy Risk Management can be an intimidating and complex process for many dairy operations; however, it is an important tool for protecting risk in dairy markets. Crop Growers agents Daniele Ricci and Megan Clancy explain the different levels available for your operation.
November 27, 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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