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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a bunch of purple grapes and green leaves growing on a vine
Ag Economy
2023 Northeast Wine Grape Outlook

Our recently published, 2023 Northeast Wine Grape Outlook, written by Hans Walter-Peterson, Senior Viticulture Extension Specialist Cornell Cooperative Extension, reviews recent years of grape production, and a forecast of what is to come for 2023.

March 28, 2023

Close up view of harvested yellow apples in large open top storage bins in apple orchard.
Ag Economy
2023 Northeast Apple Industry Outlook

This article takes a deep dive into U.S. apple production, price and export trends in an attempt to unpack a growing concern of many in the industry, what will happen when Washington produces at or near capacity?

March 21, 2023

close up view of green plastic maple sap collection line strung between two maple trees, line has beads of water running the length
Ag Economy
2023 Maple Industry Outlook Webinar
Farm Credit East hosted Mark Cannella, extension associate professor from the University of Vermont, who reviewed the 2022 maple season data, discussed how the maple industry is adapting to a changing market and record production and what's in store for the industry in 2023.

March 15, 2023

Pier 3 on the New Bedford, MA waterfront, large commercial fishing vessels in the foreground, New Bedford Whaling National Historic Park district and downtown in the background
Ag Economy
Scallops: The hidden driver of New England’s Fisheries Value

For our 2023 aquatic and commercial fishing outlook, John Sackton, Seafood.com News founder and seafood markets specialist, gives a recap and comparative analysis of the shellfish species contributing to New England Fishery values.  

March 09, 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