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
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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Latest From Today's Harvest Blog
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
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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Knowledge Exchange Partner
Farm Credit East Knowledge Exchange Industry Snapshots
This month's Knowledge Exchange Partner highlights a series of Industry Snapshots compiled by Farm Credit East's Director of Knowledge Exchange, Chris Laughton. In addition to a summary of the national economy, northeast farm economy sectors such as dairy, cash field crops, and fruit are also included.
August 08, 2023
Knowledge Exchange Partner
The Dairy Industry: Review of 2022 and a Look Ahead
This month's Knowledge Exchange Partner includes a snapshot from the recently released Dairy Farm Summary. This article, written by Dr. Marin Bozic and Brian Walton, Bozic LLC, provides a review of the dairy industry in 2022 and an outlook for the remainder of 2023.
July 03, 2023
Knowledge Exchange Partner
Farm Credit East Knowledge Exchange Industry Snapshots
This month's Knowledge Exchange Partner highlights a series of Industry Snapshots, compiled by Farm Credit East's Director of Knowledge Exchange, Chris Laughton. In addition to a summary of the national economy, northeast farm economy sectors such as dairy, timber and forest products, cash field crops, livestock, fruit, vegetables, greenhouse and fishing are included.
May 03, 2023
Knowledge Exchange Partner
Rising Input Costs, Falling Commodity Prices to Squeeze Producer Margins in 2023
Dr. Bob Maltsbarger, senior research economist with the Food and Agricultural Policy Research Institute, gives his insights on continued high input costs and the state of the cash grain and oilseed industries for 2023 in this month's Knowledge Exchange Partner.
April 01, 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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