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Saturday / December 21. 2024
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Cargill introduces new revenue stream for farmers

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The new programme connects farmers to the growing carbon marketplace and will help scale the voluntary adoption of regenerative agriculture practices

Cargill has been enrolling farmers in Cargill RegenConnect, a new regenerative agriculture programme that pays farmers for improved soil health and positive environmental outcomes, including payment per metric tonne of carbon sequestered. The new programme connects farmers to the growing carbon marketplace and will help scale the voluntary adoption of regenerative agriculture practices.

 

“Agriculture has a unique opportunity to utilise voluntary carbon markets and regenerative ag to address the global climate challenge and better the economic prospects for farmers, who are the heroes of our food system,” said Ben Fargher, VP of sustainability in Cargill’s North American agricultural supply chain. “Changes made at the roots of our supply chains will deliver the greatest impact in reducing emissions, delivering higher yields, improving water quality, sequestering carbon and building the resilience of our soils for the next generation. We are actively working hand-in-hand with farmers to lead the way, supporting them with tools, resources – and most importantly, market access – to make the shift to regenerative agriculture.”

 

Farmers enrolled in Cargill RegenConnect will implement regenerative agriculture practices of their choosing beginning this fall into the next planting season. Practices that will qualify include cover crops and reduced- or no-tillage.

 

Cargill has partnered with leading carbon measurement firm Regrow to make it easy for farmers to Measure, Report and Verify (MRV) carbon outcomes using in-field data, remote sensing and crop and soil health modelling. The Regrow MRV platform ensures easy enrollment, secure data collection and provides farmers with transparent measurement and verification options.

 

“Growers have told us they are looking for sustainability programmes that offer simplicity, transparency and flexibility to suit their specific operation. We’ve taken this feedback and designed our programme, RegenConnect, to address these needs and it has been very well received,” said Fargher.

 

The RegenConnect programme connects farmers to Cargill’s downstream customers who are counting on agricultural supply chains to achieve their carbon reduction goals.  

 

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