Farmer interest in getting paid to sequester carbon continues to rise, according to the latest Purdue University/CME Group Ag Economy Barometer.
Jim Mintert is director of the Purdue Center for Commercial Agriculture.
“There is so much interest among producers about what’s going on with carbon sequestration,” he says. “Between 30-40 percent of the people in our surveys are saying they’re aware of at least some opportunities to receive a carbon sequestration payment.”
He tells Brownfield among the small amount of producers who reported carbon sequestration payments that were offered…”just seven percent indicated they’ve had some discussions with companies about possible payments on their farming operation.