Today Cargill announced the expansion of Cargill RegenConnect® to nine new states in the U.S. and four countries in Europe. Full details are available in the press release issued this morning, which is available here and this video. Key points summarized below.
Cargill RegenConnect® U.S.
- Program is now in its 3rd year and will expand to 9 news states - North Carolina, South Carolina, Georgia, Colorado, Mississippi, Alabama, Oklahoma, Louisiana and Texas. The program is now available to farmers across 24 states.
- Higher payments to farmers: For the 2023-24 enrollment year, farmers can earn up to $35 per metric ton of carbon sequestered per acre (compared to $25/MT per acre last year).
- Adding more commodities: Cotton growers can now participate in the carbon program and earn payments for carbon sequestration achieved through the adoption of new or expanded regenerative agriculture practices. Cotton growers are also encouraged to participate in Cargill’s regeneratively-sourced cotton program to build a regenerative, traceable supply chain for growers and buyers.
- Mobile enrollment: Easier to enroll in via mobile devices.
Cargill RegenConnect® EU
- Program is available in Germany, Poland and Romania, and France.
- Eligible hectares must have a primary crop of rapeseed, wheat, corn, barley or sunflower.
Source : Cargill