March 7, 2025
Farm Credit East Winery Benchmarks Program Accepting New Participants
ENFIELD, CONN. —Farm Credit East’s Winery Benchmarks program is a valuable financial benchmarking program for winery and cidery businesses to compare financial and operational data to industry standards and other successful producers in the program. The program is currently accepting new participants. The deadline to sign up is April 30, 2025.
Program participants can see how they stack up against their industry peers with an in-depth financial and operational analysis of their own business. The Winery Benchmarks program aims to gather industry insights from financials, inventory data, labor information and sales data. Farm Credit East consultants then work with each business to evaluate and offer personalized insights to improve financial growth.
“The Winery Benchmarks program is a unique tool for producers,” said Emili Ponte, Farm Credit East Business Consultant and Co-Director of the Winery Benchmarks Program. “The program combines Northeast sales and profit data analysis, while bringing together leaders in the industry to network and collaborate about successes and opportunities for long-term sustainability in the winery and cidery industry.”
The Winery Benchmarks program is an opportunity for producers to network with other winery and cidery owners to create a better understanding of the industry and put practical business solutions to work immediately. Benchmark participation includes a financial report and a one-on-one meeting with an experienced Farm Credit East consultant to review the data in detail.
To learn more or to sign up, visit FarmCreditEast.com/WineryBenchmarks. Contact Emili Ponte at Emili.Ponte@FarmCreditEast.com or call (607) 269-4663 for more information.
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