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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Farm Credit
Farm Credit East Team FFA Roots
The Farm Credit team believes in the future of agriculture. In fact, many members have roots in agriculture. In honor of National FFA Week (February 18-25, 2023), we recently polled our staff about their rural upbringings and FFA involvement. While the results weren’t surprising, we still found them impressive and wanted to share!
February 20, 2023
Farm Credit
2023 Director Election - Petition Notification
Farm Credit East’s bylaws provide for the nomination of candidates by petition. To gain access by petition, an eligible nominee must provide the secretary of the association with signatures of at least 50 voting members by Thursday, January 19, 2023. If you would like to submit a petition, please contact General Counsel/Corporate Secretary Alena Gfeller at Alena.Gfeller@farmcrediteast.com or (800) 562-2235, for additional information.
January 04, 2023
Farm Credit
Farm Credit East’s Career Development Program
Farm Credit East has many diverse career opportunities, and there are plenty of pathways to take in starting a career with the company. Jean Gallagher recently sat down with two former interns-turned-Career Development Program (CDP) trainees who have since moved into full-time positions in the Enfield, Conn., office, to learn more about their experience.
December 19, 2022
Farm Credit
UCC Scam Alert
Farm Credit East is encouraging customers to be aware of an official looking mailer from a third-party offering, for a fee, to obtain and mail to the recipient copies of filed UCC financing statements or other documents filed in the land records.
December 06, 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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