Truterra has announced over three years, since it introduced its carbon program, the company has paid more than $21 million to farmers for the sequestration and reduction of over 1.1 million metric tons of carbon
“Our carbon program is gaining momentum as a leader among farmers and retailers. Our differentiated approach matches agronomics with economics to help farmers make sustainable practice changes,” said Truterra President Jamie Leifker. “What’s more, these carbon assets could help organizations with sustainability goals who choose to make agriculture part of their toolkit of solutions. Truterra will continue to focus on creating new markets for farmers and retailers, while helping them make the best agronomic, economic and sustainable decisions for their operations.”
Truterra reports the program has grown in acres enrolled each year:
- In 2023, total acres increased by 99% vs. 2022.
- In 2022, total acres enrolled increased by 151% vs. 2021.
The number of farmers enrolled has also grown, and in the past year’s program, the number of farmers participating grew by 58% compared with 2022.
Truterra is a subsidiary of Land O’Lakes, Inc., which is a 100-year-old farmer-owned cooperative. Truterra uses a its network of local ag retail advisors, who work directly with farmers to help them make the best decisions for their fields, to position the carbon program in the market.
“In many ways, we’re returning to the way that my grandfather or my great-grandfather would have farmed, but with new technology and new metrics. Through the Truterra carbon program, we are doing this by changing some of our cover crop mixes, and I believe that higher yields will come from it,” said Kelly Garrett, a farmer enrolled in Truterra’s carbon program. “I’m looking at the big picture to secure the best for my farm and the best for my family. And I’m very proud that it goes hand in hand with Truterra’s carbon program.”
