Carbon farming involves implementing agricultural practices that sequester carbon dioxide from the atmosphere into the soil, reducing greenhouse gas emissions. As global industries and governments increasingly prioritize sustainability, carbon farming presents not only an opportunity for conservation but also for farmers to diversify revenue streams through carbon credits.

In Purdue University's January 2024 Ag Economy Barometer Report, 8% of respondents said they have discussed carbon capture and carbon contracts with a company.

Locus AG recently hosted a digital demonstration, Get Confident in Carbon, with No-Till Farmer. Shane Head, director of customer success at Locus AG, and Mark Hill and Chris Lidgett, both directors of sales at the company, outlined details of the CarbonNOW program that pays farmers for sequestering carbon.

Agricultural seeds and chemicals supplier Bayer AG is expanding its carbon farming program to members of U.S. farm cooperative CHS Inc, boosting incentives for members to participate in the program. The agreement will make it easier for CHS's 75,000 farmer-members to enroll in Bayer's Carbon Program, an early leader in the drive to encourage farmers to capture carbon by planting off-season crops, tilling the ground less and use fertilizer more efficiently.