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

The Northeast Economic Engine: Agriculture, Forest Products, Commercial Fishing and Food Manufacturing

Natural resource-based businesses, like farming, fishing, forestry, and food manufacturing do more than provide food, fiber, building materials, ornamentals and other goods. They are economic engines in their communities, providing jobs and financial impacts throughout the region. In a new report, Farm Credit East, in collaboration with researchers at Cornell University, examines the economic impact of these industries in New England, New York and New Jersey.

October 9, 2024

Cover of the 2024 Economic Impact report

Latest From Today's Harvest Blog

Aerial view of a drone flying over forest, monitoring and analyzing in forestry management.
Innovation and Emerging Markets
What’s the Return on AI in Agriculture?

In agriculture, change is a constant. With the many variables those in agriculture deal with each day — weather, wildlife, disease, markets, consumer preferences — technology may be one of the easier variables to adapt, adopt and hopefully add value to the operation for the long term. In fact, farmers are often early adopters of new technologies, but what benefits can new technology, including Artificial Intelligence (AI), bring to an operation? Let’s break it down.

 

October 22, 2024

Featured Webinar

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Farm Credit
2024 Virtual Customer Appreciation Meeting

Tuesday, Nov 12, 2024 11:30 AM - 12:15 PM EST

Join us for the 2024 Virtual Customer Appreciation Meeting. This 45-minute program will provide cooperative updates from CEO Mike Reynolds and Board Chair John Knopf.

November 12, 2024

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Tag: risk management 
Flooded corn field with tractor tire marks, blue skies
Crop Insurance
Assistance Available for Connecticut Producers Impacted by Flooding and Hail

Following recent flooding and hail events across Connecticut, the U.S. Department of Agriculture (USDA) is offering the following programs to assist impacted farmers and livestock producers.

September 17, 2024

Cow milking facility and mechanized milking equipment
Crop Insurance
Boosting Dairy Farm Resilience with Dairy Revenue Protection

Dairy Revenue Protection (DRP) is a valuable tool to help dairy farmers mitigate the risks of the dairy industry, including market fluctuations, weather conditions, and production variables. By offering robust, flexible and affordable program options, DRP helps to stabilize incomes and support the sustainability of dairy operations.

June 11, 2024

 herd of cows eating hay and man in barn on dairy farm
Crop Insurance
Managing Dairy Revenue Risk

The dairy industry is inherently unpredictable. Market fluctuations, weather conditions and production variables all contribute to an unstable income landscape for dairy farmers. Dairy Revenue Protection, commonly referred to as DRP, is a federally subsidized program designed to help dairy producers manage revenue risk. This program offers dairy farmers a way to protect against unexpected declines in quarterly revenue from milk sales.

June 04, 2024

Inside view of dairy cow barn with cows eating
Knowledge Exchange Partner
Boosting Dairy Farm Resilience: How the DRP Program Helps Manage Revenue Risks

The dairy industry is inherently unpredictable, with market fluctuations, weather conditions, and production variables all contributing to an unstable income landscape for dairy farmers. Dairy Revenue Protection (DRP) is a valuable tool to mitigate these risks and provide a more stable financial footing.

June 04, 2024

Northeast Economic Engine

Download Farm Credit East’s Northeast Economic Engine report, which analyzes the economic impact of the Northeast agriculture, forest products, commercial fishing and food manufacturing industries. This report was released in October 2024. 

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Cover of the 2024 Economic Impact report