Inside Profitability: Ecosystem Credits
Agriculture ecosystem credit markets, like carbon credit markets, have been described as the “Wild West.” Right now, anything goes. Farmers are being besieged by several entities seeking to entice them to participate in credit programs. Private companies, start-ups, even Congress and the USDA are including agriculture in their sustainability initiatives. For producers, credit markets and their opportunities can be a confusing and uncertain fog.
The second event in Nebraska Farm Bureau’s Inside Profitability series on Thursday, August 26, at noon (CDT), will seek to cut through the fog surrounding credit markets. Speakers will include Shelby Meyers, an economist with American Farm Bureau Federation; Nathan Thompson, an agricultural economist at Purdue University; and Lukas Fricke, a producer from Butler County. The speakers will:
• Explain the basics of ecosystem credit markets, what’s driving them, and how they work;
• Share survey information on what fellow producers are thinking regarding credit markets;
• Identify issues producers should consider when thinking about entering credit programs;
• Share first-hand experiences with ecosystem credit markets.
What does the heightened role for agriculture in addressing climate change mean for farmers and ranchers?