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
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
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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February 22, 2022
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
The Risk Management Agency's Apple Crop Insurance Policy has become a mainstay of risk management in the United States apple industry. Read more about the Apple Crop Insurance Policy and how coverage can be tailored to fit your business needs.
October 06, 2021
In today's blog, Jeremy Forrett, Crop Growers, provides an in-depth look at risk management options for Northeast dairy producers, including the Dairy Margin Coverage program, Dairy Revenue Protection, Livestock Gross Margin-Dairy and crop insurance.
July 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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