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

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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

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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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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 and commercial fishing industries. This report was released in November 2020. 

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2020 Northeast Economic Impact Report Cover