Farm Credit East releases outlook report
Farm Credit East, the largest lender to Northeast agriculture, has recently released an outlook report, containing information and economic analysis about many Northeast agriculture industries. This report examines challenges and opportunities for Northeast agriculture, as well as the impact of broader economic trends and conditions on our region's farm businesses.
This report opens with an optimistic outlook on Northeast agriculture. Following, Farm Credit East senior leaders, consultants and appraisers provide information on financial management and planning, real estate markets, an overview of the national economy and business outlooks by agricultural industry.
The report also features 11 short perspective papers from some of the industry’s top thought leaders, including:
• Dr. Andrew Novakovic, Cornell University, highlights coming trends affecting Northeast agriculture;
• Dr. Brent Gloy, Purdue University, comments on the increase in farmland values throughout the U.S.;
• Dr. Michael Goodman, University of Massachusetts Dartmouth, takes a look at the U.S. economy;
• Guido van der Hoeven, North Carolina State University, talks about handing down the farm to the next generation;
• Kathryn Ruhf, Land for Good, offers perspectives on beginning farmers;
• Drs. Charles Nicholson, Penn State, and Mark Stephenson, University of Wisconsin-Madison, explore milk price cycles;
• Dr. Greg Bethard, G&R Dairy Consulting, Inc., talks about dairy herd replacement;
• Dr. Ben Campbell, University of Connecticut, covers local and organic foods and what they mean to consumers;
• Jeff LaFleur, Massachusetts Association of Conservation Districts, tackles environmental regulatory certainty;
• Dr. Thomas Sproul, University of Rhode Island, examines agriculture as an engine of economic development; and
• Dr. Todd Schmit, Cornell University, explores food manufacturing relative to other manufacturing sectors.
To view a full copy of the report contact your local Farm Credit East office or visit FarmCreditEast.com.
Dairy checkoff organizations re-elect officers
The Mid-Atlantic Dairy Association and Pennsylvania Dairy Promotion Program (PDPP) board of directors recently elected officers for the 2014 term during their annual reorganization meeting.
Vernon Horst of Chambersburg, Pa., was re-elected chairman of the Mid-Atlantic Dairy Association board, and Harold Shaulis of Somerset, Pa., was re-elected to lead the Pennsylvania Dairy Promotion Program.