{"id":4783,"date":"2021-02-17T08:43:46","date_gmt":"2021-02-17T08:43:46","guid":{"rendered":"https:\/\/theorganicmagazine.com\/?p=4783"},"modified":"2022-07-06T09:38:12","modified_gmt":"2022-07-06T09:38:12","slug":"trucarbon-the-first-farmer-owned-carbon-program-launched-with-microsoft-as-first-secured-buyer","status":"publish","type":"post","link":"https:\/\/theorganicmagazine.com\/editors-pick\/trucarbon-the-first-farmer-owned-carbon-program-launched-with-microsoft-as-first-secured-buyer\/","title":{"rendered":"TruCarbon, the First Farmer-Owned Carbon Program launched with Microsoft as first secured buyer"},"content":{"rendered":"

TruCarbon promises streamlined experience for farmers; novel approach for buyers to incentivise change at scale<\/strong><\/p>\n

Truterra, the sustainability business\u00a0and subsidiary\u00a0of Land O’Lakes, Inc, one of America’s largest farmer-owned cooperatives, recently announced the launch of\u00a0TruCarbon, a\u00a0transformational\u00a0new carbon\u00a0program\u00a0that will\u00a0help farmers generate and sell\u00a0carbon credits\u00a0to private sector buyers.<\/p>\n

TruCarbon\u00a0represents\u00a0the first and only farmer-owned carbon program in the US that is designed\u00a0to provide\u00a0both\u00a0the best\u00a0experience\u00a0for\u00a0farmers\u00a0and\u00a0a novel approach for carbon credit buyers to incentivise change at scale.<\/p>\n

TruCarbon\u00a0offers\u00a0buyers carbon credits that are created using leading soil and conservation science, and precision data and\u00a0verification\u00a0methods.\u00a0The program offers farmers a streamlined experience, making it easier for them to develop and sell carbon credits so that they can focus on crop production and caring for the land. \"TruCarbon\"<\/p>\n

Through the\u00a0Truterra\u00a0Insights Engine\u00a0data platform, the new TruCarbon program provides farmers\u00a0and their trusted\u00a0ag retailer advisors a\u00a0powerful soil health planning\u00a0suite of tools\u00a0to help\u00a0them\u00a0decide\u00a0what is best for their business while optimising their fields’ carbon credit potential.\u00a0TruCarbon also\u00a0maximises the value and return for farmers with premium carbon credit value.<\/p>\n

“TruCarbon\u00a0is\u00a0proof positive\u00a0in our belief\u00a0at Land O’Lakes\u00a0that farmers and agriculture\u00a0solve big problems – serving as the economic engine in rural communities, feeding a growing world, and now helping to address a changing climate,”\u00a0said\u00a0Beth Ford, CEO of Land O’Lakes Inc.<\/p>\n

“TruCarbon\u00a0is\u00a0providing\u00a0farmers new opportunities to be recognized and rewarded for their stewardship, creating new revenue opportunities for farm families as they adopt soil health practices\u00a0and increasing\u00a0the focus on\u00a0carbon storage in crop fields.\u00a0It’s through innovative approaches\u00a0such as\u00a0TruCarbon\u00a0that our farmer cooperative system can help ensure that farmers’ businesses are profitable,\u00a0our rural communities\u00a0are\u00a0resilient,\u00a0and the land, air and water\u00a0are healthy\u00a0for future generations.” \"Truterra<\/p>\n

TruCarbon\u00a0is launching with\u00a0Microsoft<\/a>\u00a0as its first secured buyer to\u00a0purchase carbon in 2021, which will help meet the company’s ambitious commitment to be carbon negative by 2030. For this initial\u00a0launch, participating\u00a0farmers may receive\u00a0US$ 20 per ton of carbon with payments\u00a0this summer for this first\u00a0tranche\u00a0of credits.<\/p>\n

Qualifying farmers may be compensated for carbon sequestration retroactively up to five years\u00a0based on the soil health practices they adopted in prior growing seasons.\u00a0For maximum farmer convenience,\u00a0Truterra\u00a0will handle soil testing and other activities designed to ensure maximum credit quality and value.\u00a0Farmers can begin the information and enrollment process by visiting\u00a0https:\/\/www.truterraag.com\/CarbonSurvey<\/a>.<\/p>\n

“TruCarbon is like no other offering on the market because it is built with the farmer at the center, backed by the most cutting-edge technology platform on the market. That means that companies and others looking to buy trusted carbon credits can connect with farmers and support the adoption of more sustainable practices on farms across the country,” said\u00a0Jason Weller, Vice President, Truterra. \"soil<\/strong><\/p>\n

He added, “We are excited to be able to bring this program to farmers through our trusted network of ag retailers, offering a competitive price and streamlined experience so that they can stay focused on farming and their stewardship.”<\/p>\n

“The science is\u00a0clear,”\u00a0said Dr\u00a0Wayne Honeycutt, CEO of the Soil Health Institute, which is collaborating with Truterra on TruCarbon metrics and soil sampling protocols.<\/p>\n

He added, “Storing more carbon in soils not only benefits a farmer’s bottom line, but also improves water quality and helps fight climate change. Farmers who adopt\u00a0soil health practices build drought resilience, reduce erosion and minimise nutrient losses. All of us at the Soil Health Institute are excited to work with Truterra on this project because it will help achieve these on-farm and environmental benefits at scale.”<\/p>\n

Current and future carbon efforts\u00a0will leverage\u00a0Truterra’s\u00a0best-in-class\u00a0sustainability platform, the Truterra\u202fInsights Engine,\u00a0along with\u00a0agronomic expertise\u00a0and\u00a0the\u00a0trusted advisor network\u00a0of Land O’Lakes\u00a0agriculture\u00a0retailers to\u00a0connect\u00a0and\u00a0support farmers\u00a0as they\u00a0adopt soil health practices and generate\u00a0carbon credits.<\/p>\n

Farmers and their ag retailers use the\u00a0Truterra Insights Engine to\u00a0measure and track their on-farm practices and model new practice changes\u00a0such\u00a0as\u00a0cover\u00a0crops and no-till based on environmental impact and profitability,\u00a0so that farmers are equipped to take advantage of carbon markets\u00a0and additional ecosystem\u00a0services\u00a0markets\u00a0as they emerge.<\/p>\n

For more information about\u00a0TruCarbon\u00a0and how to get involved, visit\u00a0https:\/\/www.truterraag.com\/Carbon<\/a>.<\/p>\n

 <\/p>\n","protected":false},"excerpt":{"rendered":"

TruCarbon promises streamlined experience for farmers; novel approach for buyers to incentivise change at scale Truterra, the sustainability business\u00a0and subsidiary\u00a0of Land O’Lakes, Inc, one of America’s largest farmer-owned cooperatives, recently… <\/p>\n","protected":false},"author":6,"featured_media":4786,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[4],"tags":[77],"acf":[],"yoast_head":"\nTruCarbon, the First Farmer-Owned Carbon Program<\/title>\n<meta name=\"description\" content=\"Trucarbon promises streamlined experience for farmers; novel approach for buyers to incentivise change at scale\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/theorganicmagazine.com\/editors-pick\/trucarbon-the-first-farmer-owned-carbon-program-launched-with-microsoft-as-first-secured-buyer\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"TruCarbon, the First Farmer-Owned Carbon Program\" \/>\n<meta property=\"og:description\" content=\"Trucarbon promises streamlined experience for farmers; 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