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

Knowledge Exchange Partner

The Northeast Economic Engine: Agriculture, Forest Products, Commercial Fishing and Food Manufacturing

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.

October 9, 2024

Cover of the 2024 Economic Impact report

Latest From Today's Harvest Blog

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Innovation and Emerging Markets
What’s the Return on AI in Agriculture?

In agriculture, change is a constant. With the many variables those in agriculture deal with each day — weather, wildlife, disease, markets, consumer preferences — technology may be one of the easier variables to adapt, adopt and hopefully add value to the operation for the long term. In fact, farmers are often early adopters of new technologies, but what benefits can new technology, including Artificial Intelligence (AI), bring to an operation? Let’s break it down.

 

October 22, 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: lumber 
Knowledge Exchange Partner
Farm Credit East Knowledge Exchange Industry Snapshots

This month's Knowledge Exchange Partner highlights a series of Industry Snapshots, compiled by Farm Credit East's Director of Knowledge Exchange, Chris Laughton. In addition to a summary of the national economy, northeast farm economy sectors such as dairy, timber and forest products, cash field crops, livestock, fruit, vegetables, greenhouse and fishing are included.

May 03, 2023

Ag Economy
2023 Northeast Forest Products Industry Outlook Webinar

Farm Credit East hosted a discussion of lumber markets, pulpwood and biomass, as well as the health of the forest industry supply chain going into 2023. Paul Jannke, a forest industry expert with FEA, presented his perspective on the region’s forest product markets.

March 02, 2023

Ag Economy
2023 Outlook for the Forest Products Industry

Forest Economic Advisors, LLC (FEA) examines the forest product markets over the coming year. Rising interest and mortgage rates will most likely cause economic activity to slow in 2023. This is expected to be short lived, however, with optimism on the horizon in 2024. Read the full report. 

February 28, 2023

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Tax Talks
Possible Changes to New York’s Forest Tax Law Assessment

In today's Tax Talk, Farm Credit East's Dario Arezzo examines the New York State Department of Environmental Conservation (DEC) proposal to amend regulations relating to the Forest Tax Law program. This program provides landowners a reduction in real property taxes on their enrolled forest lands if certain conditions are met.

July 26, 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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Cover of the 2024 Economic Impact report