NAFB News Service
Truterra, LLC Wednesday announced the results of its carbon program for 2022, which paid more than $5.1 million to farmers for approximately 262,000 metric tons of carbon stored.
In the first two years of the program, Truterra has paid more than $9 million to farmers for over 462,000 metric tons of carbon.
“By working with and through farmer’s trusted advisor, the carbon program has continued to achieve great success in its second year,” Truterra President Tom Ryan said.
The company reports that 273 farmers participating in the 2022 carbon program, receiving an average total payment per participating farmer of over $18,000.
Truterra is a self-described leading sustainability solutions provider, advancing and connecting sustainability efforts throughout the food system at scale, from farmers to ag retailers to value chain collaborators, including food and fiber companies.
Truterra was launched in 2016 by Land O’Lakes, Inc., a member-owned cooperative that spans the spectrum from agricultural production to consumer foods.