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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Managing Your Business in an Inflationary Environment
In this month’s Knowledge Exchange Partner, hear from seven Farm Credit East business consultants and get their take on what business owners can do to cope with these rising prices and supply chain disruptions.
July 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
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U.S. Economic Forecast
One of the key factors affecting the U.S. economy today is inflation. Read about price increases and capacity constraints across the country, as well as an economic outlook for the coming months.
May 03, 2022
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U.S. Maple Syrup Outlook
In this month’s second article, Mark Cannella, Extension Associate Professor at the University of Vermont, gives an outlook of the maple syrup industry for 2022.
May 03, 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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