Truterra Pays $5.1 Million to Farmers for 2022 Carbon Program Payments
In its second year, the Truterra carbon program had 273 farmer participants with an average payment of more than $18,000. In total, the 2022 program paid farmers more than $5.1 million for 262,000 metric tons of carbon stored.
“At the end of the day, it’s Truterra’s farmer focus that makes us preferential to their carbon program and sustainability solutions, and we are dedicated to helping farmers in their sustainability journey in lock step with the Truterra team,” says Daniel Mullenix, Director of Ag Technologies at GreenPoint Ag.
“I had read about carbon programs without giving it much thought until GreenPoint Ag mentioned they work with Truterra and it’s a real thing that I could enroll in and could not only help with my bottom line, but also the sustainability of my farm,” says Robert Walters, a farmer in Alabama.
Since its launch, the Truterra carbon program has now paid farmers more than $9 million for more than 462,000 metric tons of carbon.
“Farmers are fast realizing that Truterra’s farmer-friendly approach aims to strengthen the connection between sustainability and profitability,” says Tom Ryan, President of Truterra. “By working with and through farmer’s trusted advisor, the carbon program has continued to achieve great success in its second year, and we look forward to continuing to meet farmers where they are in their sustainability journey in order to help them make the best agronomic, economic and environmental decisions for their farms.”
Truterra is expanding its service to farmers with sustainability. This includes soil health assessments, roadmaps for improving soil heath, and its farmer-centric, retail-driven carbon program. Read more about that here.
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