Description
Cargill is working to mitigate climate change, regenerate soil and improve water use, while nourishing the world in a more sustainable way.
For generations, Cargill has been a trusted partner for farmers, supporting their livelihoods. Building on that long-term commitment, Cargill has invested in partnerships that help enable farmer profitability through regenerative soil health practices for the last four years and has been working in the sustainable ag space for more than a decade.
Elligibility
You must be a Cargill customer and located in one of the following states:
North Dakota, South Dakota, Minnesota, Wisconsin, Michigan, Nebraska,
Iowa, Illinois, Indiana, Ohio, Colorado, Kansas, Missouri, Kentucky, Texas,
Oklahoma, Arkansas, Tennessee, North Carolina, Louisiana, Mississippi,
Alabama, Georgia, South Carolina. You must enroll acres with new or expanded sustainable practices, such as cover crops and reduced tillage practices.
· One of the following crops must be present in at least one out of five prior
crop years: corn, soybeans, cotton, sunflower, flax, canola, milo.
· A summer and/or winter cash crop must be present in crop year 2025 to
receive payment.
· Fields that will be in a perennial forage (ie. alfalfa, grass pasture, hay, etc.)
in the upcoming crop year are not eligible.
· There is no minimum/maximum acre requirement for practice changes.The addition of one or more of the following practices:
· Cover crop
· Reduced till
· No till
Available Funding
The total opportunity size is dependent on the number of acres enrolled and
carbon sequestrated. We have built this program with flexibility for the farmer by
providing an initial up-front payment and a final outcomes payment based on
actual carbon sequestered. Cargill helps farmers manage their risk in a variety of
commodity markets, and we will continue to do that in this new market space as
well.
The carbon market is dynamic and evolving. Although carbon is a tradeable
commodity, the market is illiquid and undefined at this point. Our program price
structure is based on the few carbon transactions that have occurred by market
competitors. Cargill will review our program each year and make adjustments as
necessary to maintain competitiveness and value for farmers.
For the 2024 program, we will pay $35 per metric ton of carbon sequestered.
Length of Contracts
Our contract period is a one-year crop cycle (harvest to harvest).
Cost-share requirements?
Cargill RegenConnect ® does not include a cost-share component, but
participating farmers do receive an initial upfront payment based on estimated
outcomes. The program payments are remitted in two installments:
· Initial Payment: Spring 2025 for 50% of estimated outcomes.
· Final Payment: Spring 2026 for the remaining balance of actual outcomes.
**Payments are based on actual outcomes and may fluctuate from the original
estimate. Deviation from the contract may result in an impact to your payments.
Required Documentation (prove ownership/lease arrangements)
There are three times a grower will need to log-in to our self-service platform and
complete data entry. No additional documentation is required at enrollment but
may be needed at a later date to confirm practices during final verification.
1. Enrollment
· Select fields and boundaries.
· Confirm or edit the five-year field management history (summer crops,
winter crops, tillage practices).
· Assign new practices to adopt for the next growing season (no-till,
reduced till, cover crops).
· View estimated outcomes.
· Sign your contract.
2. Measurement 1
· Summer crop details.
· Winter crop details.
· Tillage details.
· Next year's summer crop intention.
· Optional: nutrient management.
3. Measurement 2
· Winter crop details.
· Tillage details if applicable.
· Summer crop planting details.
· Optional: nutrient management.
The ability to sync MyJohn Deere and Climate FieldView Farm Management
Systems (FMS) is available.
Contact
Farmers can learn more on our website, or contact us at