This month's Knowledge Exchange Partner article contributed by Dr. Christopher Wolf of Cornell University, reviews 2024 industry trends and discusses 2025 pricing projections and feed costs. It also explores potential impacts of weather risks, disease, and policy changes, including Federal Milk Marketing Order modernization and the extension of The Farm Bill, on farm milk prices and dairy policy.
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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Business Tips and Tools
NYS Paid Prenatal Leave: Effective 1/1/25
Starting January 1, 2025, the New York State Paid Prenatal Leave Law requires all private sector employers in New York State to provide their employees with 20 hours of Paid Prenatal Leave each year.
January 16, 2025
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Ag Economy
2025 Grain and Oilseed Industry Outlook
In the recent webinar, Farm Credit East, Horizon Farm Credit and CoBank Lead Economists, Tanner Ehmke and Jacqui Fatka, explore the latest insights on U.S. grain and biofuel markets. With record soybean and corn harvests, profitable storage options and recovering export demand, the landscape is shifting.
January 6, 2025
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Ag Economy
2022 Northeast Forest Products Industry Outlook
Farm Credit East recently hosted a discussion of lumber markets, pulpwood and biomass, as well as the health of the forest industry supply chain going into 2022. Eric Kingsley, a forest industry consultant with Innovative Natural Resource Solutions LLC, presented his data and perspective on the region’s forest products markets and potential impacts on the economy.
CEU Credits have been approved for: MA (1.0-Cat 1), SAF (1.0-Cat 1), CT (1.0). Other NE States applied for.
January 25, 2022
FarmStart and Beginning Farmers
Farm Finance for Beginning and Part-time Farmers
Are you interested in starting a farm? Or, do you have a farm already and would like to learn more about managing it profitably? Are you considering approaching a lender to obtain credit? Farm Credit East and the Worcester County Conservation District offered a free webinar that dove into farm finance for beginning and part-time farmers. Topics covered included recordkeeping, understanding financial statements, cash flow budgeting, and financing and credit/working with lenders.
January 21, 2022
Ag Economy
2022 Dairy Outlook
2021 was a crazy year with the impact of COVID-19 on schools and foodservice markets still being felt. What does 2022 look like? Dr. Chris Wolf, Cornell University, presented Farm Credit East’s annual dairy outlook webinar. Dr. Wolf gave an overview of the economy, changes to milk production and sales, dairy markets around the world, and other factors that may influence the coming year for dairy producers in the Northeast.
January 20, 2022
Business Tips and Tools
Setting Up Your Spring Crop Insurance Policy: Personalizing Your Unit Structure
Whether you're renewing your crop insurance policy, or signing up for the first time, choosing a unit structure for your policy can be tricky. Daniele Ricci, Crop Growers LLP, lays out the basic unit structures and gives an overview of how to determine the right structure for your operation.
January 19, 2022
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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