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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2023 Maple Syrup Outlook
In this month’s Knowledge Exchange Partner, Mark Cannella, Associate Professor with the University of Vermont Extension, gives insight into the maple industry in the U.S. and Quebec, important financial market factors and a strategic outlook for the year ahead.
March 01, 2023
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2023 Outlook for the Green Industry
In this month’s Knowledge Exchange Partner, Dr. Charlie Hall of Texas A&M University gives a Green Industry update and economic outlook for 2023.
January 31, 2023
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Interest Rates: Short-Term vs. Long-Term
Farm Credit East’s Chief Financial Officer, Andrew Grant, gives insight into inflationary trends and explains the difference between short-term and long-term interest rates in this month’s Knowledge Exchange Partner.
January 05, 2023
Knowledge Exchange Partner
Overview of the H-2A Visa Program
Demand for foreign workers under the H-2A temporary visa program has significantly expanded in recent years. This month’s Knowledge Exchange Partner provides an overview of a recent H-2A webinar hosted by Farm Credit East and Harris Beach, PLLC.
December 11, 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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