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Carbon credits: Profit opportunities for rice farmers?

Trio of Arkansas farmers looking at carbon credits as a possible profit opportunity for rice producers.

Of all the crops grown in the United States these days rice has some of the highest costs and, perhaps, the least potential for higher prices, according to the market analysts who follow the crop.

Mark Isbell, a producer who lives in North Little Rock, Ark., and farms near Lonoke, Ark., says that means rice farmers have to look for ways to become more efficient and to find new profit opportunities when they present themselves.

He and two other rice growers – Jim Whitaker, McGehee, Ark., and Mike Sullivan, Burdette, Ark. – he’s working with don’t know for sure if carbon credits are one of those opportunities yet, but they’re working to find out.

The three farmers participated in a panel discussion on carbon credits during a session of the joint meeting of the Arkansas Rice Council and the Arkansas Rice Farmers at the Grand Prairie Center in Stuttgart, Ark.

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