Carbon
Steve Cubbage provides insights on the five areas expected to have the biggest impact on agriculture this year.
The practices used during the 2024 growing season will have a direct impact on the ability to take advantage of these incentives. Mitchell Hora of Continuum Ag shares what you need to know.
The company says its year-over-year growth includes more farmers paid (215% increase in new growers), more fields enrolled (333% more new acres and a 297% increase in new fields) and more credits produced each year.
“Our mission is to improve and expand our program to create additional opportunities for even more American farmers,” said Leonardo Bastos, Senior Vice President of Ecosystem Services at Bayer Crop Science.
Here are the FAQs for farmers who are exploring carbon’s next chapter on the farm.
Working and training with her mother, in 2019 Hallie Shoffner took the lead as CEO and continues to focus on growing the business, searching for opportunities in specialty crops and value-added production.
The program is structured so farmer users of Pivot Bio Proven 40 can participate in annual carbon insetting partnerships as a result of their change in practice.
The barometer reported its lowest reading since May 2023, falling seven points from December and 24 points from January 2023.
In 2024, the company, which started in Australia in crops such as barley and canola, is offering its product for use on soybean acres in six states: MN, SD, ND, WI, NE and IA.
In two years, Truterra has paid farmers more than $9 million for more than 462,000 metric tons of carbon benefits.
Dean Banks will join Flagship Pioneering as CEO-Partner and CEO of Indigo Ag; most recently, Banks was the former President and CEO of Tyson Foods.
By connecting farmers, agronomists, ag retailers and carbon buyers in one marketplace, the Connected Climate Exchange enables participation in carbon markets and sustainability programs, according to a press release.
COP28’s decision to not include food and agriculture as a way to meet climate goals was influenced by a request from the G77 group of developing countries for additional review related to agriculture and food.
What is vertical farming and how can it set you up for future government incentives? Ken Ferrie, Farm Journal field agronomist, explains it often requires mixing and matching tools for primary and secondary tillage.
If farmers can experience a financial incentive in carbon farming that supports the practices and measurement strategies they have in place, many will begin working with imagination to become excellent carbon farmers.
The White City, Oregon facility will produce Arbuscular Mycorrhizal Fungi (AMF) utilized in agriculture, horticulture, turf and ornamental markets.
Today, they announced a $250 million capital funding round. “We are shifting into the next phase of maturity as a company – a trusted partner that is delivering critical sustainability solutions,” says Ron Hovsepian.
Last year the company said its payments totaled $9 million so far.
For 2023, the geographic focus is to enroll 100,000 acres around two Bunge crush facilities: Council Bluffs, Iowa, and Decatur, Indiana.
Since its launch, the Truterra carbon program has now paid farmers more than $9 million for more than 462,000 metric tons of carbon.
Rural electric cooperatives, utilities and other energy providers will soon be able to apply for nearly $11 billion in grants and loans for clean energy projects, funded by the $430 billion Inflation Reduction Act.
The U.S. ethanol industry is lobbying the Biden administration to ensure lower-carbon aviation fuel made from ethanol will qualify for subsidies.
Renewable diesel is revving up interest from both agriculture and the oil industry, and now oil and agriculture companies are teaming up to find additional crop sources to fuel the growing demand.
“What we need to do to move carbon past the starting line is to show farmers the scoreboard and tell them exactly what they need to do to earn their points,” said Mitchell Hora.
Most carbon programs available to farmers have required a change in practice, which left many long-term users of no-till practices and cover crops on the sidelines. However, 2023 is shaping up as a turning point.
A new partnership between Corteva, Bunge and Chevron to create proprietary canola hybrids will boost vegetable oil supplies to fuel the renewable diesel market while also creating a new revenue stream for farmers.
Tom Ryan says this will be a transformational year for two reasons: the groundswell of efforts with USDA Climate Smart grants and a shifting focus to carbon insets.
It’s a big idea with far-reaching implications for ag retail—the environmental, social and governance (ESG) framework.
United Airlines is teaming up with a corn ethanol maker in a bid to ramp up production of green jet fuel to deal with carbon credits and climate change by 2028.
Currently, most voluntary carbon programs are based on payment for a change of practice on the farm. But what’s the tipping point for farmers to make any change in exchange for enrollment in a carbon program?