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.
Ag Industry Trends & Outlooks
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Why does it pay to have Dairy Revenue Protection (DRP)? DRP sets a quarterly price floor based on Chicago Mercantile Exchange (CME) futures prices to protect dairy producers against unexpected declines in milk revenue. It’s important to protect your operation — and DRP is one of the resources you can have in your toolbox to do so.
May 22, 2023
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May 11, 2023
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2020 is shaping up to be a potentially high-income year for some farmers across the country, especially given the latest round of Coronavirus Food Assistance Program (CFAP) payments. One tool that will likely come into play for fruit growers this year is the ability to depreciate 100% of the cost of new orchards.
October 06, 2020
The Coronavirus Food Assistance Program was designed to help compensate farmers for the market disruptions that occurred in the early stages of COVID-19. Read about the program and two notable exceptions for Northeast apple and potato growers.
July 21, 2020
Farm Credit East recently hosted a webinar featuring a panel of experts to discuss the Northeast's fruit and vegetables industries, and how COVID-19 has impacted markets. This post summarizes their discussion on a multitude of topics, including supply and demand, consumer preferences, costs, marketing and labor challenges, as well as future outlook predictions.
June 30, 2020
Farm Credit East hosted a webinar that gave an outlook on the Northeast fruit and vegetable season. This webinar covered the impact of the COVID-19 pandemic on Northeast growers, market disruptions, and how production and marketing has shifted to reflect the current environment. Managing workers and their health was also covered. The webinar was co-sponsored by the New York State Vegetable Growers Association.
June 25, 2020
The Ag Globe Trotter Weekly
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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