Farmer interest in carbon contracts has been relatively consistent over the past three years, according to the latest Purdue University/CME Group Ag Economy Barometer.
Purdue Center for Commercial Agriculture Director Jim Mintert says between 7 and 9 percent of farmers surveyed from 2021 to 2023 have spoken with companies about carbon capture payments on their farms.
“There’s so much interest in carbon contracting so we keep asking questions about it to see what farmers are thinking about it.