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-$25 per ton of carbon sequestered. Minimum guaranteed payment was received in December 2021, and the balance will be sent after verification is complete in January 2023. |
Agricultural System Focus | Cropland |
Eligible States | Arkansas, Illinois, Indiana, Iowa, Kansas, Kentucky, Michigan, Minnesota, Missouri, Nebraska, North Dakota, Ohio, South Dakota, Tennessee, and Wisconsin |
Eligible Practices | New or expanded sustainable practices, such as cover crops and reduced tillage practices |
Contract Length | 1 year |
Contract Details | For the 2022 season, producers had to enroll between May 16 and September 16. 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 MRV partner for the program |
Digital Tools for MRV |
Regrow’s digital platform |
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 | |
Years of management practice data needed | |
Does the program pay for past practices? | |
Additional information | |
Payment Calculator |
Cells are left blank where information is not publicly available.
For additional details, visit the Cargill’s website