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Story offered by Land O’ Lakes
Arden Hills, Minn., February 4, 2021 – Truterra, LLC, the sustainability enterprise and subsidiary of Land O’Lakes, Inc., considered one of America’s largest farmer-owned cooperatives, as we speak introduced the launch of TruCarbon, a transformational new carbon program that may assist farmers generate and promote carbon credit to personal sector patrons. TruCarbon represents the primary and solely farmer-owned carbon program within the U.S. that’s designed to supply each one of the best expertise for farmers and a novel method for carbon credit score patrons to incentivize change at scale.
TruCarbon presents patrons carbon credit which can be created utilizing main soil and conservation science, and precision knowledge and verification strategies. This system presents farmers a streamlined expertise, making it simpler for them to develop and promote carbon credit in order that they’ll give attention to crop manufacturing and caring for the land. By means of the TruterraTM Insights Engine knowledge platform, the brand new TruCarbon program gives farmers and their trusted ag retailer advisors a highly effective soil well being planning suite of instruments to assist them determine what’s finest for his or her enterprise whereas optimizing their fields’ carbon credit score potential. TruCarbon additionally maximizes the worth and return for farmers with premium carbon credit score worth.
“TruCarbon is proof optimistic in our perception at Land O’Lakes that farmers and agriculture clear up massive issues – serving because the financial engine in rural communities, feeding a rising world, and now serving to to handle a altering local weather,” stated Beth Ford, CEO of Land O’Lakes, Inc. “TruCarbon is offering farmers new alternatives to be acknowledged and rewarded for his or her stewardship, creating new income alternatives for farm households as they undertake soil well being practices and rising the give attention to carbon storage in crop fields. It’s by means of revolutionary approaches akin to TruCarbon that our farmer cooperative system can assist be certain that farmers’ companies are worthwhile, our rural communities are resilient, and the land, air and water are wholesome for future generations.”
TruCarbon is launching with Microsoft as its first secured purchaser to buy carbon in 2021, which can assist meet the corporate’s formidable dedication to be carbon adverse by 2030. For this preliminary launch, collaborating farmers could obtain $20 per ton of carbon with funds this summer time for this primary tranche of credit. Qualifying farmers could also be compensated for carbon sequestration retroactively as much as 5 years primarily based on the soil well being practices they adopted in prior rising seasons. For optimum farmer comfort, Truterra will deal with soil testing and different actions designed to make sure most credit score high quality and worth. Farmers can start the knowledge and enrollment course of by visiting https://www.truterraag.com/CarbonSurvey.
“TruCarbon is like no different providing available on the market as a result of it’s constructed with the farmer on the middle, backed by probably the most cutting-edge expertise platform available on the market. That signifies that firms and others trying to purchase trusted carbon credit can join with farmers and help the adoption of extra sustainable practices on farms throughout the nation,” stated Jason Weller, Vice President, Truterra. “We’re excited to have the ability to deliver this program to farmers by means of our trusted community of ag retailers, providing a aggressive value and streamlined expertise in order that they’ll keep centered on farming and their stewardship.”
“The science is clear,” stated Dr. Wayne Honeycutt, CEO of the Soil Well being Institute, which is collaborating with Truterra on TruCarbon metrics and soil sampling protocols. “Storing extra carbon in soils not solely advantages a farmer’s backside line, but in addition improves water high quality and helps struggle local weather change. Farmers who undertake soil well being practices construct drought resilience, scale back erosion and reduce nutrient losses. All of us on the Soil Well being Institute are excited to work with Truterra on this mission as a result of it’s going to assist obtain these on-farm and environmental advantages at scale.”
Present and future carbon efforts will leverage Truterra’s best-in-class sustainability platform, the Truterra™ Insights Engine, together with agronomic experience and the trusted advisor community of Land O’Lakes agriculture retailers to join and help farmers as they undertake soil well being practices and generate carbon credit.
Farmers and their ag retailers use the Truterra™ Insights Engine to measure and observe their on-farm practices and mannequin new observe modifications such as cowl crops and no-till primarily based on environmental influence and profitability, in order that farmers are geared up to reap the benefits of carbon markets and extra ecosystem providers markets as they emerge.
For extra details about TruCarbon and get entangled, go to https://www.truterraag.com/Carbon.
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