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
Knowledge Exchange Partner
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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Dr. Bob Maltsbarger, senior research economist with the Food and Agricultural Policy Research Institute, gives his insights on continued high input costs and the state of the cash grain and oilseed industries for 2023 in this month's Knowledge Exchange Partner.
April 01, 2023
April 05, 2022
In this month’s Knowledge Exchange Partner, read about various current and proposed agricultural labor overtime provisions across Northeast states, including New York, Maine and Massachusetts.
November 09, 2021
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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