Carbon Farming

06/20/2023 SOURCE: finance.yahoo.com

Land O'Lakes says US carbon farming payouts top $5 million in 2022

Truterra LLC, the carbon farming and sustainable agriculture unit of Land O'Lakes Inc , paid U.S. farmers $5.1 million in 2022 for capturing and storing 262,000 metric tons of carbon via sustainable practices, the company announced on Wednesday. The program is among a growing number of offerings from agricultural companies such as Corteva Inc, Bayer AG and Cargill Inc which aim to capitalize on rising demand for environmental credits while making farms more sustainable. The companies tap satellite and weather data and log sustainable farming practices such as reduced tillage or planting winter cover crops to calculate volumes of greenhouse gasses captured and locked into soils.

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06/16/2023 SOURCE: wikifarmer.com

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