Newsroom

The Farm Credit System today reported combined net income of $7.3 billion for the year ended December 31, 2022, as compared with $6.8 billion for the prior year. The System also reported combined net income of $1.8 billion for the fourth quarter of 2022, as compared with $1.6 billion for the fourth quarter of 2021.

Farm Credit East recently awarded $40,000 in scholarships to support 20 Northeast educators’ attendance at Curriculum for Agricultural Science Education (CASE) institutes this summer. CASE institutes provide educators with training and resources to teach courses in the CASE curriculum to high school students. 

2022 was a good year for milk prices, but forecasts call for lower milk prices, and higher input costs this year. What will 2023 bring for the industry? Join Farm Credit East and Cornell University’s Dr. Chris Wolf for Farm Credit East’s annual dairy outlook webinar on Friday, February 17 from 12:00 noon-1pm. This webinar is free to attend for all interested dairy producers.

The Farm Credit Northeast AgEnhancement Program, a joint effort of Farm Credit East and CoBank, recently provided $65,000 in grant funding to 17 organizations to assist their efforts to support young and beginning farmer initiatives, encourage youth leadership development, promote diversity equity and inclusion, and advance northeast agriculture, forestry and commercial fishing. Submissions for the next round of grant funding are due by April 1.