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

Ag Economy

National Economy Snapshot

Read our latest analysis of the current state of the economy.

February 15, 2024

Latest From Today's Harvest Blog

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Crop Insurance
Another Wet One – How Crop Growers Can Help Northeast Tobacco Growers

In 2023, the Northeast experienced another wet tobacco growing season. Given the high cost of tobacco cultivation (over $1,000 per acre), risk management plans are crucial for producers. Connecticut insured more than 3,000 acres of this valuable crop. The purpose of crop insurance, like any other insurance, is not to bring profits but to make the producer whole again so they can continue to farm the following year.

February 13, 2024

Featured Webinar

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Business Tips and Tools
Agricultural Business Basics – Farm Financial Management

Join Farm Credit East and our Cosponsor, the Martha’s Vineyard Agricultural Society for a free webinar on Agricultural Business Basics – Farm Financial Management

February 1, 2024

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Farm Credit
Farm Credit East Offices Closed February 19
Farm Credit East offices will be closed on Monday, February 19, in observance of Presidents' Day

February 14, 2024

Close up of milking machine beside a row of cows in a milking parlor
Knowledge Exchange Partner
2024 Dairy Market Situation and Outlook

In this month’s Knowledge Exchange Partner, Dr. Christoher A. Wolf of Cornell University reviews 2023 milk production and looks ahead to with a 2024 milk price outlook as well as a policy update on the recently concluded Federal Milk Marketing Order Hearing. 

February 07, 2024

close up of multiple black and white dairy cows in a row eating chopped feed
Ag Economy
2024 Dairy Outlook Webinar Recap

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. 

February 06, 2024

Agricultural potato harvest with harvester
Crop Insurance
3 Special Crop Insurance Options for Northeast Potato Growers

2023 was a wet growing season in the Northeast. As a result, the more than 240 Northeast potato producers growing 63,000 acres of potatoes endured a tough growing season loss. Many Northeast potato farmers use crop insurance to help manage this risk. Below are three endorsements that tailor the USDA RMA potato crop insurance policy for potato operations.

January 30, 2024

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