Cargill
Through its RegenConnect™ program, Cargill pays farmers per metric ton of carbon sequestered. In addition, Cargill has partnered with other programs such as Soil and Water Outcomes Fund in the US and South Pole in Europe. Cargill is currently the only program that requires farmers be current customers to participate in the program.
Cargill
Year Organization Established a Carbon Program | 2021 |
Affiliated Organization Type | Crop and livestock inputs |
Affiliated Organizations | |
Buyers secured | |
Payment Basis to Farmers | $/ton of carbon generated |
Payment Amount and Details | $20-$35 per ton of carbon sequestered. |
Agricultural System Focus | Cropland |
Eligible States | 24 Midwest and Southern U.S. States |
Eligible Practices | New or expanded sustainable practices, such as cover crops and reduced tillage practices. Eligibility is based on a 12-month look-back period. |
Contract Length | 1 year |
Contract Details | Contracts have a three-year term. This program can be stacked with public/government program payments if eligible, but not other privately funded programs. |
Monitoring, Reporting and Verification (MRV) | Regrow is the MMRV partner for the program, ReGrow: –Models and measures the impact of crop and management decisions, both historically and going forward, –Leverages farm management system integrations and satellite imagery to report on implemented practices, and –Verifies practices and approves credits. |
Digital Tools for MRV | Regrow’s digital platform The ability to sync MyJohnDeere and Climate FieldView Farm Management Systems (FMS) is available. |
Qualification/eligibility criteria | Producers must be a current or future Cargill grain customer and have a Cargill account number. |
Minimum Acreage | There is no minimum/maximum acre requirement for practice changes. |
Must land be owned? | |
Minimum Data Requirements |
There are three times a grower will
need to log-in and complete data:
|
Years of management practice data needed | |
Does the program pay for past practices? | |
Additional information | |
Payment Calculator |
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For additional details, visit the Cargill’s website