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
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May is Mental Health Awareness Month, which is a good time to check in on your own mental wellbeing and that of your family, staff, and loved ones.
May 14, 2024
Featured 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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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
Fruit Crop Insurance Program – How Crop Insurance Responds After a Loss will be hosted on Thursday, July 6, at 12:00 p.m. EST. During this webinar, Crop Growers crop insurance specialists will discuss how crop insurance policies respond to losses and what steps farmers need to take in the event of a loss.
June 30, 2023
Hail can be a true catastrophe for agricultural businesses. The damage caused by hailstones can destroy a portion of a crop and result in significant financial losses for farmers. Crop-hail insurance is an essential tool for managing this risk.
May 09, 2023
The deadline to insure Northeast perennial crops for the 2023 crop year is November 20, 2022. Insurable perennial crops include apples, peaches, grapes, cranberries, blueberries, pears and cherries.
October 02, 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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