June 1, 2021
The sign-up period for Farm Credit East’s annual Winery Benchmarks program is now open! The Winery Benchmarks is a unique program for Northeast wineries to measure their businesses against wine industry peers. The program is now accepting registrations for the 2021 benchmark.
The program offers participants two report options: the Management Review report or an Executive Summary report. The Management Review report provides a highly detailed comprehensive report on every area of the winery business. The Executive Summary report requires less data for a reduced cost. It is ideal for wineries that are just getting started in the program and may not have all the data required for the more comprehensive report.
Registration for the 2021 benchmark is currently underway. Data will be required by June 25. A meeting for benchmark participants is being planned for August.
If you are a past participant or new to the program, we invite you to contact your local Farm Credit East office to learn more. You can also contact the program’s director, Gregg McConnell, at Gregg.Mcconnell@farmcrediteast.com.
Farm Credit East is the largest lender to the Northeast wine and grape industry, lending more than $158 million to wineries and grape growers across New England, New York and New Jersey.