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
Ag Economy
2024 Grain and Oilseed Industry Outlook Summary
2023 had surprising results after a seemingly poor growing season. U.S. farmers are currently facing increasing export competition in a declining price environment. What will this mean for producer margins in 2024?
April 30, 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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Business Tips and Tools
Fruit Crop Insurance Program – How Crop Insurance Responds After a Loss
This webinar led by crop insurance specialists from Crop Growers will discuss how crop insurance policies respond to losses and what steps farmers need to take to take in the event of a loss. Join us on Thursday, July 6th at 12 noon to learn more.
July 06, 2023
Business Tips and Tools
Crop Loss, Now What? How a Crop Insurance Policy Reacts After a Loss
This year’s late May freeze event has left the industry stunned and wondering what’s next. This webinar led by Crop Growers LLP will discuss how crop insurance policies respond to losses and what steps farmers need to take to take in the event of a loss.
June 07, 2023
Business Tips and Tools
Farm Stress, Mental Health, and Mediation and Conflict Resolution-Key Resources for the Agriculture Community
May is Mental Health Awareness Month. To raise awareness around the importance of dealing with issues impacting mental health — from stress to conflict — following are helpful resources available in each Northeast state.
May 16, 2023
Business Tips and Tools
Financing Manufactured Homes
Country Living Loans from Farm Credit East is able to finance several types of non-conforming real estate that traditional financial institutions can’t, including new construction, vacant land and farms. But what about manufactured homes? To answer this, Mortgage Specialist, Kali Kraeger goes over Country Living Loans financing capabilities.
April 03, 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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