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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. 

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. 

At Thanksgiving, we give thanks for many things. We are thankful for our families, loved ones and the food we sit down to share as we celebrate the holiday — along with the Northeast producers who will make our Thanksgiving meal possible.

The timber and forest products industries did not fare too badly during the COVID-19 pandemic, however production pivoted drastically in many areas due to shutdowns and restrictions. Read on for a more in-depth look of the current market.

The livestock industry had some difficulties in 2020, mainly due to production pivoting from food service markets to retail, as well as complications with meat packing plant shutdowns throughout the year.

2020 was an exceptional year for the green industry overall. Check out this blog for a quick snapshot of the greenhouse and nursery industries.

October is Cybersecurity Awareness Month. Farm Credit East’s security team is working to educate customers and staff about security  best practices to use in their work and personal lives. There are a few things you can implement today to keep you and your information safe.

Living in rural America provides an abundance of fresh air and sunshine (at least during the summer months here in central New York), but what else should you consider when moving to a rural area? 

Pick-your-own apple orchards are familiar with wasted apples. Customers may take a bite of a few apples while picking or toss a few on the ground during their stay. While crop insurance doesn’t cover these unfortunate losses, it can help with apple quality before the masses visit the orchard. 

Last year saw a marked decline in milk prices from 2022. Feed and fuel costs declined to a lesser extent, but many other expenses increased, reducing margins for dairy producers. Farm Credit East and Crop Growers crop insurance recently hosted a webinar to provide a 2024 outlook for the Northeast dairy industry.