In the first three years of its carbon program, Land O’Lakes subsidiary Truterra has paid farmers more than $21 million for the sequestration and reduction of over 1.1 million metric tons of carbon.
Along with these results, the Truterra® carbon program has seen significant growth in total acres enrolled. In 2023, total acres increased by 99% vs. 2022. In 2022, total acres enrolled increased by 151% vs. 2021. All of these results help position Truterra as a valuable source for connecting food and ag companies with farmers to drive sustainable practices on farms.
“Our carbon program is gaining momentum as a leader among farmers and retailers. Our differentiated approach matches agronomics with economics to help farmers make sustainable practice changes,” said Truterra President Jamie Leifker. “What’s more, these carbon assets could help organizations with sustainability goals who choose to make agriculture part of their toolkit of solutions. Truterra will continue to focus on creating new markets for farmers and retailers, while helping them make the best agronomic, economic and sustainable decisions for their operations.”
In addition, the number of farmers participating in the Truterra® carbon program grew by 58% last year compared to 2022.