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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Knowledge Exchange Partner
Tax Strategies for 2022
In this month’s Knowledge Exchange Partner, Farm Credit East Tax Consultant, Edward Maxwell, explains the importance of understanding your operation’s tax liability and how to tax plan for cash basis reporting.
September 07, 2022
Knowledge Exchange Partner
Takeaways from the 2021 Northeast Dairy Farm Summary
In this month's Knowledge Exchange Partner, read a summary of the recently released 2021 Northeast Dairy Farm Summary report. 170 dairy farms from Connecticut, Massachusetts, Maine, New York and Vermont participated in this year's study.
June 08, 2022
Knowledge Exchange Partner
Dairy Margin Coverage Might Not Pay Out This Year: Why it’s More Important than Ever to Consider It
Given the volatility in dairy markets, figuring out the best risk management strategy can be tricky. In this month’s Knowledge Exchange Partner, learn more about risk mitigation with the Dairy Margin Coverage program and crop insurance options that might fit your dairy business.
February 09, 2022
Knowledge Exchange Partner
The Northeast Dairy Farm Summary
In this month's Knowledge Exchange Partner, read highlights from the recently released 2020 Northeast Dairy Farm Summary. The report summarizes the analysis of farm financial data from 204 Northeast dairy farms and provides an overview of the remarkable year 2020 was for dairy.
July 07, 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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