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In today's blog, Melissa Waterman, Maine Lobstermen's Association, gives a recap of the lobster industry in 2021, as well as an outlook for 2022. This paper, along with more highlighting other industry outlooks in the Northeast, can be found in Northeast Agriculture: 2022 Insights & Perspectives.

2020 was a tough year for many agricultural sectors, with dairy being one of the most affected. 2021 seems to offer little improvement, however there are always many factors to consider.

Dr. Charlie Hall of Texas A&M University gives a Green Industry update and economic outlook for 2024, including a look back at 2022, landscape sector resilience, the varied profit levels seen across the industry in 2023 and look to the implication of new technology and innovation.

 

In today's blog, Bradley Rickard, Cornell University gives a review on the northeast vegetable crops industry in 2021, as well as an outlook for 2022. This paper, along with more highlighting other industry outlooks in the Northeast, can be found in Northeast Agriculture: 2022 Insights & Perspectives.

It’s National Dairy Month, and we couldn’t let the month of June pass by without recognizing the region’s largest agricultural sector — the dairy industry. Dairy and related processing constitute the top agricultural sector in the region, with more than $18.7 billion in direct sales, $34.6 billion in total economic impact and more than 120,000 jobs supported.

Here at Farm Credit East, we’re thankful for the region’s producers who provide the abundance of fresh, local food to fill our table this Thanksgiving.

Beginning on Tuesday, May 26, the USDA Farm Service Agency will begin accepting applications from producers with COVID-related losses for a wide range of commodities. Learn more about how payments will be calculated for various commodities.

Topping news headlines is inflation and its impact on the U.S. economy. As measured by the Consumer Price Index, inflation is currently running in the 8% range and prices are rising at a rate we haven’t seen since the early 1980s. Learn strategies for producers to manage through the current inflationary environment. 

The following profile illustrates the cranberry industry’s total economic impact in Massachusetts. It is based on data from a 2023 economic analysis conducted by Farm Credit East. 

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?