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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Every summer, Farm Credit East offers a 12-week internship program with the goal of providing real-world, hands-on experience alongside our Farm Credit professionals. Cuyler Reynolds recounts his experience as part of the 2022 program.
October 10, 2022
The Farm Credit System today reported that combined net income increased 3.5% to $1.8 billion and 3.7% to $3.6 billion for the three and six months ended June 30, 2022, as compared with net income of $1.7 billion and $3.4 billion for the same periods of the prior year.
August 02, 2022
May is Mental Health Awareness Month, which makes it the perfect time to step back and check in with your family, your staff, and most importantly, yourself.
May 24, 2022
The Farm Credit System today reported that combined net income increased 3.8% to $1.8 billion for the first quarter of 2022, as compared with $1.7 billion for the same period of the prior year.
May 03, 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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