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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Farm Credit East Production Cost Index Plateaus at New High

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.

May 6, 2024

Farmer loading pickup truck with corn harvest in field

Latest From Today's Harvest Blog

Supercell storm clouds with hail and rain over agriculture field
Crop Insurance
Protect Your Harvest from the Fury of Hail with Crop Growers Crop Insurance

Crop Growers, the insurance provider of Farm Credit East, provides coverage for reduced quality and production of crops resulting from hail events, giving acre-by-acre protection that can cover up to the full value of the crop.

May 8, 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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Business Tips and Tools
Vermont Foresters: Complete the Economy Loss & Damage Survey

The extended period of rainy weather in July and August and major flooding on July 10 has severely impacted many Vermonters. One sector that has been experiencing major impacts from the weather is Vermont’s forest economy. The Department of Forests, Parks, and Recreation developed a survey specific to this sector that will assist state agencies and elected officials in determining how to respond. 

August 22, 2023

Split image, left side has rows of corn, right side is an above view of pints of multi-colored tomatoes
Business Tips and Tools
Helping Producers Navigate Funding Sources

Grants can be a great resource to provide additional funds needed to take on larger projects, but they’re often under-utilized because they can be time consuming and involve quite a bit of paperwork. To help Northeast agricultural producers navigate funding options, Farm Credit East recently released an update to its report, Grants and Incentives for Northeast Agriculture. 

August 15, 2023

Report cover for 2023 Grants and Incentives for Northeast Agriculture featuring images of corn stalks and colorful tomatoes in containers
Business Tips and Tools
Grants and Incentives for Northeast Agriculture

This report includes funding opportunities available in the eight states served by Farm Credit East: Connecticut, Maine, Massachusetts, New Hampshire, New Jersey, New York, Rhode Island and Vermont. Please note that as grant programs often change, this list should not be viewed as a comprehensive compilation of all grant opportunities.

July 17, 2023

Light brown and tan chicken walking in a backyard lawn of green grass
Business Tips and Tools
The Rise of Backyard Chickens

Raising chickens is nothing new. However, a less common practice that has recently started gaining popularity are backyard chickens. More and more people are opting to raise chickens for eggs in their own backyard. Before you jump in, here are a few important things to consider when evaluating whether backyard chickens are for you.

 

July 12, 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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2020 Northeast Economic Impact Report Cover