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.
Ag Industry Trends & Outlooks
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As the December 31, 2024, deadline looms to report Beneficial Ownership Information (BOI) as part of The Corporate Transparency Act, we wanted to make sure members are equipped with the information they need to file their information and remain compliant. The following are questions we’ve heard from customers.
November 18, 2024
Featured Webinar
Join Farm Credit East and Chris Gerlach of U.S. Apple Association to discuss the future of the apple industry.
April 17, 2025
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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
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
2022 Northeast Dairy Farm Summary and 2023 Mid-Year Outlook, indicating that 2022 was a remarkable year for the Northeast dairy industry. This year’s report also includes dairy market outlooks from four prominent dairy economists.
June 27, 2023
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, commercial fishing and food manufacturing industries. This report was released in October 2024.
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