In the first three years of its carbon
program, Truterra pays over $21
million to farmers for the sequestration and reduction of
over 1.1 million metric tons of carbon, positioning Truterra as a
valuable source that connects food and ag companies with farmers to
drive sustainable practices on farms
ARDEN
HILLS, Minn., May 21, 2024
/PRNewswire/ -- Truterra, a leading agricultural
sustainability business that offers consultation, tools and
solutions for the ag and food value chain, today announced that its
carbon program has paid more than $21
million to farmers for the sequestration and reduction of
over 1.1 million metric tons of carbon in its first three
years.
Along with these results, the Truterra® carbon
program has seen significant growth in total acres enrolled. In
2023, total acres increased by 99% vs. 2022. In 2022, total acres
enrolled increased by 151% vs. 2021. All of these results help
position Truterra as a valuable source for connecting food and ag
companies with farmers to drive sustainable practices on farms.
"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."
The Truterra® carbon program is also experiencing
growth in farmer participation. In 2023, the number of farmers
participating in the carbon program grew by 58% compared to
2022.
"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."
As a subsidiary of Land O'Lakes, Inc.'s over 100-year-old
farmer-owned cooperative, farmers are at the center of everything
Truterra does. The Truterra® carbon program is delivered
through Truterra's network of local ag retail advisors, who work
directly with farmers to help them make the best decisions for
their fields. Truterra's farmer-friendly approach also means that
qualified farmers can achieve optimal earning potential by paying
based on actual carbon stored rather than a set per acre
payment.
For more information, visit
https://www.truterraag.com/Food-CPG-Companies.
About Truterra, LLC
Truterra is a leading sustainability solutions provider,
advancing and connecting sustainability efforts throughout the food
system at scale – from farmers to ag retailers to value chain
collaborators including food and fiber companies. The Truterra
network brings together agricultural technology and precision
conservation to drive sustainability across the food system, with
the aim of helping feed people, safeguard the planet, and support
farmer livelihoods. To learn more, visit www.TruterraAg.com.
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SOURCE Truterra