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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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
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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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Ag Economy
FAPRI Baseline Crops, Livestock, Expenses and Farm Income
Bob Maltsbarger, PhD., Senior Research Economist with University of Missouri discusses issues facing farmers and producers in this year's upcoming cropping year.
May 11, 2023
Ag Economy
2023 Northeast Wine Grape Outlook
Hans Walter-Peterson, Viticulture Extension Specialist with Cornell Cooperative Extension, discussed the upcoming year for Northeast wine and grape production and reviewed recent years of grape production.
May 09, 2023
Ag Economy
2023 Fishing Industry Outlook
John Sackton, founder and publisher of Seafood.com News, provided an update on the current status of some key Northeast shellfish species, with a particular focus on the long-term success and sustainability of the scallop fishery.
April 13, 2023
Ag Economy
2023 Northeast Apple Industry Outlook
Chris Gerlach, director of industry analytics with US Apple, examines the implied production and economic outlook for 2023, as well as how production in Washington state has impacted markets for East Coast growers.
April 06, 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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