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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Knowledge Exchange Partner

Knowledge Exchange Partner

2024 Outlook for the Forest Products Industry

In this month's Knowledge Exchange Partner, Forest Economic Advisors, LLC (FEA) examines the forest product markets over the coming year including the state of recession predictions, overall economic growth, and construction and manufacturing markets in this year's 2024 Outlook for the Forest Products Industry report.

March 6, 2024

Close up on stack of rough sawn timber pine lumber planks

Latest From Today's Harvest Blog

Ag Economy
2024 Forest Products Outlook Summary

2023 was a challenging year for wood products markets. Rising interest rates hampered demand while capacity ramped up across the south. Paul Jannke, a forest industry expert with Forest Economic Advisors (FEA), recently presented his perspective on the region’s forest product markets and economic outlook.

April 26, 2024

Featured Webinar

Bottles of maple syrup line a rack in a small syrup production facility
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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Tag: labor 
Tax Talks
New York State Labor Credit Proposals
Labor costs remain a concern for agricultural producers in New York State. In today's Tax Talks, Senior Tax Consultant, Dario Arezzo outlines three tax credit proposals that may provide some relief from the high cost of labor. Two of them are existing credits that could be enhanced, while the other would be a new credit.

February 24, 2022

general economic
Knowledge Exchange Partner
Inflation and Snarled Supply Chains: Is There Relief in Sight?

Earlier this year, the Knowledge Exchange Partner covered inflation and supply chain disruptions due to the ongoing COVID-19 pandemic with estimates on how the year might go. This month, we provide an update for 2021 and projections for 2022.

December 09, 2021

Farm workers harvesting vegetables in a field near a red tractor with a wagon
Knowledge Exchange Partner
Overtime for Agricultural Workers

In this month’s Knowledge Exchange Partner, read about various current and proposed agricultural labor overtime provisions across Northeast states, including New York, Maine and Massachusetts.

November 09, 2021

Ag Economy
The Economic Impact of Overtime Pay for New York State Agriculture

Pursuant to the Farm Laborers Fair Labor Practices Act (FLFLPA), the state of New York has assembled a wage board to consider changes to the overtime wage threshold for farmworkers. The threshold is currently 60 hours per week. The wage board can recommend that the threshold remain at 60 hours, or that it be reduced. This report outlines the economic impact that changes to the overtime threshold could have on the agricultural sector in New York.

October 27, 2021

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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2020 Northeast Economic Impact Report Cover