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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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 4, 2024

Inside view of dairy cow barn with cows eating

Latest From Today's Harvest Blog

Farm workers harvesting apples
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

Woman standing in agriculture crop field holding and working on an open laptop
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: outlook 
close up of multiple black and white dairy cows in a row eating chopped feed
Ag Economy
2024 Dairy Outlook Webinar Recap

Last year saw a marked decline in milk prices from 2022. Feed and fuel costs declined to a lesser extent, but many other expenses increased, reducing margins for dairy producers. Farm Credit East and Crop Growers crop insurance recently hosted a webinar to provide a 2024 outlook for the Northeast dairy industry. 

February 06, 2024

close up of multiple black and white dairy cows in a row eating chopped feed
Ag Economy
2024 Dairy Outlook Webinar

Join Farm Credit East, Dr. Christopher Wolf of Cornell University and Dr. Marin Bozic of the University of Minnesota for a recap of 2023, and an outlook for what 2024 may bring us in global dairy markets. 

January 24, 2024

Rear view of new agricultural tractors for sale
Ag Economy
On the Market for Equipment? Keep in mind these major themes in the farm machinery market

Between rate increases, tightening inventories, market volatility and the rising cost of inputs, the agricultural equipment and financing landscape is entering a distinctly different environment following years of unprecedented demand and high farm profitability. As we head into year-end, here are the major themes and factors impacting machinery purchases, financing activity and overall buyer sentiment.

November 14, 2023

close up view of black and white Holstien cow that is looking toward viewer, in a barn with other cows.
Ag Economy
Celebrating National Dairy Month

It’s National Dairy Month, and we couldn’t let the month of June pass by without recognizing the region’s largest agricultural sector — the dairy industry. Dairy and related processing constitute the top agricultural sector in the region, with more than $18.7 billion in direct sales, $34.6 billion in total economic impact and more than 120,000 jobs supported.

June 26, 2023

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