An ag law expert says there’s lack of clarity for farmers who want to sign carbon sequestration contracts despite increasing interest in carbon markets.
Dave Aiken with the University of Nebraska-Lincoln says the demand for contracts is likely driven from commodity prices. “When people were pushing the pencil pretty hard to breakeven, an extra $10 or $15 per acre was going to help the bottom line a lot,” Aiken says. “Now that prices have improved quite a bit, people are still interested but not necessarily as something that will help them get through this year.
