The vegetable industry is perhaps the most diverse industry that Farm Credit East finances, with producers varying in size and business tenure, along with the wide range of crops grown. There is also quite an array of markets – from wholesale to processors and grocery stores, to farm stands, farm markets and other forms of direct-to-consumer. So what's the outlook for this diverse industry in 2017?
With the beginning of a new year, and the inauguration of a new administration in Washington, there promises to be a dramatic shift away from the policies of the past eight years. There is still a great deal of uncertainty about the actual policies that will be implemented and their potential effects on the U.S. and global economies.
In Farm Credit East’s annual survey of Northeast farm, fishing and forestry producers, participants were asked to provide anindication of their expectations and concerns for 2017. A cross section of more than 150 producers provided their insights in this year’s survey.
Agriculture, commercial fishing and forest products are significant rcontributors to the Northeast economy. As the nation celebrates these industry on National Ag Day, Farm Credit East honors the men and women who are part of it – the men and women whose hard work generates more than $103 billion of economic activity and supports more than 483,000 jobs throughout the region.