Ag Industry Trends & Outlooks

Discover insights, trends, ag market outlooks and other topical information as it relates to the Northeast's diverse agricultural industries. Brought to you by Knowledge Exchange from Farm Credit East.
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Knowledge Exchange Partner

Knowledge Exchange Partner

Farm Credit East Knowledge Exchange Industry Snapshots

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.

May 3, 2023

Latest From Today's Harvest Blog

Young woman working on a lap top computer standing in an agriculture field in front of a tractor. Tax Talk logo is in the lower right hand corner.
Tax Talks
New York Farmers and Refundable Investment Tax Credit

The recently enacted New York State budget makes the Investment Tax Credit (ITC) fully refundable for eligible farmers who derive more than two-thirds of their gross income from farming. This provision will be in place through 2027 and will greatly benefit eligible farmers in New York State. Today’s post provides a high-level overview of the ITC.

May 29, 2023

Featured Webinar

looking up from the ground at a man with baseball cap on standing in cornfield working on a digital tablet,
Ag Economy
FAPRI Baseline Crops, Livestock, Expenses and Farm Income
Bob Maltsbarger, PhD., Senior Research Economist with University of Missouri discusses issues facing farmers and producers in this year's upcoming cropping year. 

May 11, 2023

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Farm Credit
FARM CREDIT SYSTEM REPORTS NET INCOME OF $7.3 BILLION FOR 2022

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.

February 22, 2023

National FFA Emblem and FFA week logo
Farm Credit
Farm Credit East Team FFA Roots

The Farm Credit team believes in the future of agriculture. In fact, many members have roots in agriculture. In honor of National FFA Week (February 18-25, 2023), we recently polled our staff about their rural upbringings and FFA involvement. While the results weren’t surprising, we still found them impressive and wanted to share!

February 20, 2023

close up of multiple black and white dairy cows in a row eating chopped feed
Ag Economy
2023 Dairy Industry Outlook Webinar

Farm Credit East hosted a discussion with Dr. Chris Wolf, Cornell University, in which he reviewed dairy markets in 2022, as well as provided an outlook for 2023. Wolf gave an overview of the economy, changes to milk production and sales, dairy markets around the world and other factors that may influence the coming year for dairy producers in the Northeast.

February 17, 2023

Black and white Holstein dairy cows at feed trough in outside barn waiting to be fed by large feed truck driving by on a sunny day.
Ag Economy
2023 Dairy Market and Policy Outlook

One of the biggest economic stories of 2022 was inflation — particularly with respect to energy, food and housing. What does 2023 look like? Christopher Wolf, PhD, Cornell University, gives a recap on the dairy industry in 2022, as well as an outlook for 2023. 

February 13, 2023

The Ag Globe Trotter Weekly

Header and shoulder profile of Dr. Dave Kohl

Dr. Kohl is Professor Emeritus of Agricultural Finance and Small Business Management and Entrepreneurship in the Department of Agricultural and Applied Economics at Virginia Polytechnic Institute and State University. In addition to his weekly and quarterly articles on the ag economy, Dr. Kohl has traveled more than eight million miles throughout his professional career and has conducted over 6,000 workshops and seminars for various agricultural groups.

Northeast Economic Engine

Download Farm Credit East’s Northeast Economic Engine report, which analyzes the economic impact of the Northeast agriculture, forest products and commercial fishing industries. This report was released in November 2020. 

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2020 Northeast Economic Impact Report Cover