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Year Organization Established a Carbon Program 2021
Affiliated Organization Type Agricultural Retailer
Affiliated Organizations Land O'Lakes
Buyers secured
Microsoft (contracted for 100,000 tonnes over 20 years)
Payment Basis to Farmers Truterra Market Access Program Truterra Carbon Program
Payment Amount and Details $/Acre for practice implementation  $/ton of carbon generated
Agricultural System Focus $2/acre, and the grower maintains all carbon rights $20/ ton The 2022 carbon program will allow farmers to be eligible for one-time, upfront payments of $20/ton of carbon
Eligible States Cropland Cropland
Eligible Practices U.S states
Contract Length No-till, Strip till, Reduced till, and continuous soil cover
Contract Details 10 years
Monitoring, Reporting and Verification (MRV) 20 year reporting commitment using the TruTerra Insights Engine
Digital Tools for MRV Soil carbon levels are measured using crop modeling and in-field soil sampling.
Qualification/eligibility criteria TruTerra Insights Engine - Field footprint tool for environmental tracking
Minimum Acreage For farmers just beginning selected conservation practices (Fall 2021 or later). Farmers must implement a qualifying practice, and the program is open to farmers with corn, soy, cotton, or wheat in rotation. Capacity for this program is low, so farmers are encouraged to enroll early. Farmers must implement a qualifying practice, and the program is open to farmers with corn, soy, cotton, or wheat in rotation.
Must land be owned?
Minimum Data Requirements No. Farmers who rent land can provide an attestation of their right to market carbon on the property.
Years of management practice data needed The Land O'Lakes TruCarbon programs collects data through the company's Insight Engine. The program requires three years of baseline data plus up to two years of practice data. Based on this information, we can estimate the data required includes: Crop, cover crop species, planting and harvest/termination dates of crops and cover crops, tillage method and depth.
Does the program pay for past practices? 6 years of historical data
Additional information Yes, up to three years
Payment Calculator To sign up visit www.truterraag.com/CarbonSurvey To sign up visit www.truterraag.com/CarbonSurvey
ROI

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For additional details, visit the Truterra’s website