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
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
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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April 05, 2022
In this Knowledge Exchange Partner article, Dr. Charlie Hall, Texas A&M University, provides an update and outlook on the greenhouse, nursery and sod industries for 2022.
March 02, 2022
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
This month's Knowledge Exchange Partner highlights a few grant programs available to producers in Northeast states. These state grant programs are just a sample of available grants. A more comprehensive listing can be found in our Grants and Incentives for Northeast Agriculture report.
January 07, 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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