276 - A New Revenue Stream for Farm Acres Via Ecosystem Services

The Business of Agriculture Podcast

We’ve been hearing about carbon credits for several years in Agriculture. Finally, the vagueness of the ecosystem marketplace is becoming more clear. In this episode we learn how farmers enroll their acres to get compensation for carbon sequestration and nitrogen reduction. Who pays for these environmental objectives? How much money is available and how are the arrangements structured? What practices are eligible (or not allowed)? And what — besides annual revenue — are the benefits to participants? Mariah Murphy, Truterra’s Director of Retailer and Farmer Services, explains Ecosystem Services and how Ag producers can benefit by starting with a soil health assessment.