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.
Knowledge Exchange Partner
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
Farm Credit East Knowledge Exchange Industry Snapshots
This month's Knowledge Exchange Partner highlights a series of Industry Snapshots compiled by Farm Credit East's Director of Knowledge Exchange, Chris Laughton. In addition to a summary of the national economy, northeast farm economy sectors such as dairy, cash field crops, and fruit are also included.
October 31, 2023
Public Policy
Financial Assistance for Those Who Have Experienced Discrimination from the USDA Farm Service Agency
The USDA and its partner vendors have announced the opening of the application period for Section 22007 of the Inflation Reduction Act (IRA), which directs USDA to provide financial assistance to farmers, ranchers, and forest landowners who experienced discrimination in USDA farm lending programs prior to January 2021.
October 24, 2023
Business Tips and Tools
GenerationNext Seminars Help Prepare Tomorrow’s Northeast Ag Leaders
GenerationNext is a series of seminars, hosted by Farm Credit East, designed to advance the management skills and business knowledge of the next generation of ag business managers.
October 17, 2023
Crop Insurance
Reminder: Perennial Fruit Crop Sales Closing
The deadline to insure Northeast perennial crops for the 2024 crop year is November 20, 2023. Insurable perennial crops include apples, peaches, grapes, cranberries, blueberries, pears and cherries. Coverage availability varies by county, so please review the information available at CropGrowers.com, or contact a Crop Growers agent.
October 17, 2023
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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