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
Knowledge Exchange Partner
Latest From Today's Harvest Blog
Simply defined, liquidity is having cash or assets on hand to pay bills and expenses. Liquidity is particularly important in agriculture given the unique risks – from fluctuating commodity prices and weather volatility to regulatory constraints — along with the financial characteristics of agricultural businesses, including seasonality, family living needs and capital investment considerations.
May 21, 2024
Featured Webinar
In this webinar Farm Credit East experts will discuss the requirements of Beneficial Ownership Information Reporting including what entities are required to report, what entities are exempt, and how to determine who the beneficial owners are. We’ll cover the timelines for reporting, what information is needed to complete the filing, and when updates will be required to the initial filing.
June 10, 2024
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This month's Knowledge Exchange Partner covers two industry updates. The first, a seasonal update on the economics of this year's Christmas Tree industry, and the second, a look at the United States-Mexico-Canada Agreement treaty and Canada's dairy market. Compiled by Farm Credit East's Director of Knowledge Exchange, Chris Laughton.
December 08, 2023
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
This month's Knowledge Exchange Partner gives an overview of select futures markets as part of a 2024 agricultural economic outlook. Compiled by Farm Credit East's Director of Knowledge Exchange, Chris Laughton.
October 01, 2023
This month's Knowledge Exchange Partner covers some of the major issues that are being addressed at the Federal Milk Marketing Order Hearing. The last comprehensive revision to the FMMO system occurred in 2000.
September 08, 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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