After a rapid rise in 2021 and 2022, the Farm Credit East Production Cost Index has plateaued after relatively modest increases over the previous decade. This index tracks farm production costs on a relative basis, weighted towards costs that affect Northeast producers most. Major components of the index include labor, energy, family living expenses, crop inputs, as well as costs like animal feed and other dairy-related expenses, given that sector’s prominence in our region.
Ag Industry Trends & Outlooks
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Latest From Today's Harvest Blog
Crop Growers, the insurance provider of Farm Credit East, provides coverage for reduced quality and production of crops resulting from hail events, giving acre-by-acre protection that can cover up to the full value of the crop.
May 8, 2024
Featured Webinar
Farm Credit East hosted Mark Cannella of the University of Vermont for a look at the Maple syrup and sugar industry in 2024.
April 10, 2024
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Farm Credit Connect, Farm Credit East's customer portal provides customers with a secure environment to complete transactions and interact with their Farm Credit East team. Learn more about the features and benefits of using Farm Credit Connect to compliment your Farm Credit East relationship.
January 04, 2024
Topping news headlines is inflation and its impact on the U.S. economy. As measured by the Consumer Price Index, inflation is currently running in the 8% range and prices are rising at a rate we haven’t seen since the early 1980s. Learn strategies for producers to manage through the current inflationary environment.
July 19, 2022
In our final installment of Stewards of the Land, we travel to Bordentown, N.J., to Sunset Farmstead — a sustainable nursery operation focused on growing native plants for pollinators and effective soil management.
September 07, 2021
In this week’s Stewards of the Land series, we head to Lincoln, Maine, to meet Treeline, Inc., one of the first companies to earn the Northeast Master Loggers Certification.
August 31, 2021
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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