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

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

Apple harvest in large wooden bins.
Tax Talks
Important Tax Considerations for Apple Growers

As the 2024 growing and harvest season wraps up, many producers will be turning to their tax advisors to continue the year-end tax planning conversation. In this article, we examine a few areas that may be of interest to apple producers and their advisors. 

October 29, 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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Report cover image of milk tanker truck driving down a highway by greenery with a blue sky.
Ag Economy
2023 Challenges in Northeast Milk Transportation

Challenges in milk transportation are not new. This report focuses on 2023 qualitative information, rather than quantitative statistics including, Key Challenges Facing Milk Haulers, and Possible Areas for Improvement. 

March 01, 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

Farm Credit
FARM CREDIT SYSTEM REPORTS NET INCOME OF $7.3 BILLION FOR 2022

The Farm Credit System today reported combined net income of $7.3 billion for the year ended December 31, 2022, as compared with $6.8 billion for the prior year. The System also reported combined net income of $1.8 billion for the fourth quarter of 2022, as compared with $1.6 billion for the fourth quarter of 2021.

February 22, 2023

National FFA Emblem and FFA week logo
Farm Credit
Farm Credit East Team FFA Roots

The Farm Credit team believes in the future of agriculture. In fact, many members have roots in agriculture. In honor of National FFA Week (February 18-25, 2023), we recently polled our staff about their rural upbringings and FFA involvement. While the results weren’t surprising, we still found them impressive and wanted to share!

February 20, 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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Cover of the 2024 Economic Impact report