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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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

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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Northeastern producer walking through his orchard
FarmStart and Beginning Farmers
Investing in New Ag Producers from all Walks of Life

FarmStart, a partnership between Farm Credit East and CoBank, supports individuals looking to launch businesses in farming, fishing and forestry in the Northeastern U.S. This mission-related investment program helps Young, Beginning and Small farmers overcome some of their challenges and barriers to entry. 

April 18, 2023

Flooded corn field  at dust with sunset reflected in flood waters
Crop Insurance
Risk Management Agency Adds Tropical Storm Option to Hurricane Insurance Protection-Wind Index Endorsement

Farm Credit East and Crop Growers, LLP are pleased the Risk Management Agency (RMA) has announced the addition of Tropical Storm (TS) coverage as an option to the Hurricane Insurance Protection-Wind Index (HIP-WI) endorsements for the 2023 crop year.

April 18, 2023

Pier 3 on the New Bedford, MA waterfront, large commercial fishing vessels in the foreground, New Bedford Whaling National Historic Park district and downtown in the background
Ag Economy
2023 Fishing Industry Outlook

John Sackton, founder and publisher of Seafood.com News, provided an update on the current status of some key Northeast shellfish species, with a particular focus on the long-term success and sustainability of the scallop fishery.  

April 13, 2023

A row of eight to ten black beef cows standing in a grass field
Crop Insurance
Livestock Gross Margin Protection - Dairy, Cattle and Swine coverage

LGM is a livestock product that protects producers from declining product prices and increasing feed costs. There are separate programs for dairy, beef cattle and swine, but the program works relatively the same for each. 

April 10, 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