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

Record U.S. Agricultural Trade Deficit Forecasted to Keep Growing

The United States is the world’s largest agricultural exporter and has been for decades. However, as a wealthy country with a population of more than 340 million people with appetites for a broad range of agricultural products - we are also one of the world’s top agricultural importers. American Farm Bureau Economist, Betty Resnick examines historical trade data, and insight on forecasted trends.

July 3, 2024

Latest From Today's Harvest Blog

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Tax Talks
New York Farm Employer Overtime Credit – Advance Application Opens July 1

In December 2023, we shared to important Tax Talks blog articles on the New York Employer Overtime Credit. The time to apply for an advance of the credit is fast approaching with NYS Ag and Markets opening the application on July 1, 2024. 

July 2, 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: cost of production 
Farmer loading pickup truck with corn harvest in field
Knowledge Exchange Partner
Farm Credit East Production Cost Index Plateaus at New High

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.

May 06, 2024

Knowledge Exchange Partner
Rising Input Costs, Falling Commodity Prices to Squeeze Producer Margins in 2023

Dr. Bob Maltsbarger, senior research economist with the Food and Agricultural Policy Research Institute, gives his insights on continued high input costs and the state of the cash grain and oilseed industries for 2023 in this month's Knowledge Exchange Partner.

April 01, 2023

Knowledge Exchange Partner
Managing Your Business in an Inflationary Environment

In this month’s Knowledge Exchange Partner, hear from seven Farm Credit East business consultants and get their take on what business owners can do to cope with these rising prices and supply chain disruptions.

July 07, 2022

general economic
Knowledge Exchange Partner
The Impact of the War in Ukraine on the U.S. Agricultural Economy
The invasion of Ukraine has obvious and significant effects on global geopolitics, as well as tremendous humanitarian impacts on the Ukrainian population. In this month’s Knowledge Exchange Partner, learn more about the invasion's impact on the U.S. agricultural economy.

April 05, 2022

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