June 2, 2022
Truterra recently announced the opening of an additional one-month sign-up period for its 2022 carbon program. Truterra enrolled an initial cohort of farmers beginning in December 2021 and is looking to meet buyer demand through this second enrollment opportunity.
After successful verification, farmers can earn up to $25 per ton upfront for new carbon stored in soils. Instead of a set payment per acre like some programs, Truterra pays farmers based on actual carbon stored.
Farmers are paid in full after successful verification and Truterra covers all soil sampling and verification costs, including one-on-one data collection support to save time and ensure farmers can stay focused on their operations.
The 2021 Truterra carbon program resulted in more than $4 million in payments to participating farmers, who sequestered over 200,000 metric tons of carbon.
“We are extremely proud to be putting money directly in farmers’ pockets for the work they are doing to store carbon in their soils,” said Jason Weller, President, Truterra. “We continue to learn from farmers and ag retailers and improve our program to best fit their needs and support their transitions to more sustainable practices that will hopefully open up new profitability opportunities for their operations and improve their soil health for the long-term.”
Truterra is the sustainability business of Land O’Lakes, Inc. The carbon program is delivered through the agricultural retail network, including 50 participating retailers across 17 states.
Learn more about Truterra’s carbon program.
Source: Truterra, LLC, which is solely responsible for the information provided and is wholly owned by the source. Informa Business Media and all its subsidiaries are not responsible for any of the content contained in this information asset.
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