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The agriculture, commercial fishing, forest products and food manufacturing industries are key economic engines in the Northeast, according to an economic impact report recently released by Farm Credit East, the region’s largest agricultural lender. 

Join Farm Credit East on Tuesday, January 14 at 12 p.m., for a free webinar that will provide a recap of the maple industry in 2024 and a strategic outlook for the year ahead.  

Farm Credit East recently announced the opening of nominations for the 2025 Lipinski Rural Initiatives Award, which aims to recognize innovative and transformational efforts to revitalize Northeast rural communities. Nominations are due by January 31, 2025. 

The grain and oilseed sector had record harvests in 2024. With changing storage opportunities, market demands and trade challenges, what is on the horizon for 2025? Farm Credit East and Horizon Farm Credit will be hosting CoBank Lead Economists, Tanner Ehmke and Jacqui Fatka, on Monday, January 6, at 12 p.m. for a free webinar that will review variables affecting the upcoming cropping season.

The Farm Credit Northeast AgEnhancement Program, a joint effort of Farm Credit East and CoBank, recently provided $105,000 in grant funding to 21 organizations to assist their efforts to encourage youth leadership development, support young and beginning farmer initiatives, promote diversity, equity and inclusion, and advance northeast agriculture, forestry and commercial fishing.

Farm Credit East recently hosted a webinar with Christopher Wolf, of Cornell University, to provide a 2025 Dairy Industry Outlook. Trade issues and policy changes may lead to shocks affecting milk prices and feed costs. Below is a summary of 2024 milk production followed by important factors that will influence the industry in 2025.   

In this month's Knowledge Exchange Partner article, 2025 Green Industry Outlook, Dr. Charlie Hall from Texas A&M University provides a comprehensive analysis of the sector's performance and future trends. The report highlights the importance of value propositions, technological innovation, and strategic partnerships in navigating the evolving market landscape. Discover the key insights and strategies shaping the green industry in 2025.

This month's Knowledge Exchange Partner article contributed by Mark Cannella, Extension Associate Professor, University of Vermont the article focuses on the U.S. Maple industry and delves into strategic initiatives by the International Maple Syrup Institute, including market development, standardization, and sustainability efforts. With insights into production trends and economic impacts, this comprehensive outlook provides a roadmap for the future of the U.S. maple syrup industry.

The Farm Credit System today reported that combined net income was relatively stable at $1.98 billion for the third quarter of 2024, as compared with $2.00 billion for the third quarter of 2023. 

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.