PODCAST: Bridging The Gap In Sustainable Agriculture: Unlocking Additional Revenue Opportunities
22 Mar 24

Farmers are at the forefront of a revolution, adopting practices that not only benefit the earth but also open up new avenues for income through carbon credit programs. Kelly Garrett, a seasoned farmer and carbon program pioneer, shares his firsthand experience transitioning to no-till farming and cover cropping and debunking the myth that sustainable practices mean sacrificing yield. From the floor of the 2024 Commodity Classic, Damian Mason talks with Kelly and Amber Leusink from Truterra about the opportunities that are now available for farmers to unlock new revenue on every acre.

00:00 Bridging the gap in sustainable agriculture, helping farmers better understand additional revenue opportunities, the goals and the challenges. 00:07 That's what we're covering in this episode of Extreme Ag, cutting the curve. Welcome to Extreme ags Cutting the Curve podcast, 00:15 where real farmers share real insights and real results to help you improve your farming operation. And now, here's your host, Damien Mason. 00:25 Hey, there. Coming at you from the TER booth, commodity Classic 2024. We're talking about bridging the gap in sustainable 00:32 agriculture, helping farmers, that's our audience, better understand additional revenue opportunities, the goals and the challenges. 00:38 My guest, Amber Luin, she is with Tru Terrace. She's married to an Iowa farmer. He's Dutch, which means they're from the northwest part 00:45 of the state, probably cheap, but also our friend Kelly Garrett right here, who is a, I would say an a pioneer in this, uh, 00:53 carbon program space in sustainable agriculture, and also in getting paid for it. One of the things we did this morning, Amber, we had a panel 01:01 and we talked about getting money for practices that improve your soil health, improve the environment, and more importantly, your bottom line. 01:10 There's this problem where there's, uh, a disconnect. People believe if I'm doing regenerative type practices, if I'm cover cropping, if I'm cutting back on applications 01:19 of things, if I'm no tilling, I'm probably losing yield. Kelly, the statement you made six months 01:26 ago has been a defining statement. Say it right now. My sustainable path and my high yield path are converging and becoming one. 01:34 And I believe it's the right way to farm, to be in collaboration with Mother Nature, not competition. Yeah. There's not this idea 01:41 that now sustainability goes this way to the low yield way, and intensive management for yield goes over here 01:48 and just uses the heck out of resources. We're realizing, you're realizing you can have a, you can have your cake and eat it too. 01:54 Amber. Uh, you sat in the audience. Uh, give me your first initial reaction of what you heard on stage today when we had the four panelists 02:01 from, uh, extreme Ag and we had Mariah from your company takeaway. Well, my takeaway was really just the 02:07 opportunity for farmers. Um, like, like Kelly says, it's not just, you know, I'm like, you know, he said, I'm, I'm married to a farmer. 02:14 I understand the high yield, the high yield piece of it, but you're not actually sacrificing. 02:18 And then just the ecosystem marketplace, uh, is there to, to reward farmers, to encourage farmers to, um, you know, 02:25 provide that additional revenue income. Uh, I think that just is all very important to the bottom line. 02:31 So when we talk about the convergence and, and there's still some skepticism about that, we're not gonna get into the programs. 02:37 Let's just get this skepticism. You can prove you are getting yield, huge yield. You're setting records. You're, you're, 02:43 you're right in the running for Iowa State, uh, you know, contest yields, and you've been at this for a while. 02:48 You started cover cropping how many years ago? We started messing around with cover crops clear back in 2015 02:56 and incorporated more and more over time. Yeah. So nine to 10, 10 years, it'll be your 10th season of cover cropping, uh, coming up. 03:02 And you've got it Now. How many of your acres get a cover crop? We attempt to put 'em on all a hundred percent. 03:07 Okay. Some acres don't because of timing. Whatever Northern latitude. Yeah. You Know. Alright. What about, 03:12 what about reduction in tillage? There's a reason you reduce tillage. You have fields and Crawford County, Iowa that, 03:18 as I always joke, if they were in my part of the world, we'd put a snow machine out there, uh, a chair lift and we would just call it a ski slope. 03:25 Yes, that's true. You know, we have been minimum till, uh, almost all of my life, as long 03:31 as I can remember in 2012 when we were going heavier corn on corn and things like that, we put row 03:37 cleaners on the planter at that time. And that's when I would say we went to a hundred percent no-till. 03:41 Okay, so you're a hundred percent no-till since 12. Since 12. So obviously now you're in 03:46 your second decade of that. Did you sacrifice yield by adjusting, uh, adapting No-till in the first year? 03:52 No, I don't think we did. Uh, actually 12 was a pretty terrible drought and, uh, the moisture conservation 03:59 that year really helped out. Got it. Amber's nodding your head. Is this a story you hear? Because we know the skepticism. 04:06 I can't make any of these conservation sustainable type programs work because you know what? I have to go out there and my, my soil's different. 04:13 You hear that? Yes. And that won't work where I am. I've heard farmers from one township to the next tell me that something won't work. 04:19 You hear this? Mm-Hmm. Your response. Well, my response is yes, I hear it. I understand. Everyone's different and I think everyone's risk 04:26 tolerance is different too. And that's why, you know, at Trutter we do have a program called the Financial Assistance Program. 04:33 And so exactly what that is, is, you know, to provide financial assistance for farmers that are wanting to try these things. 04:38 You haven't wanted to dip your toes in the water for cover crop or going to no-till. That's a scary thing. I, I get that. 04:44 I, I'm married to a farmer, uh, dare I say, till it black farmer high yield as much as possible. Right? I love him, but I get it. It's scary. 04:53 Uh, and so that's exactly what Chiera wants to do, is just to really meet farmers where they're at, uh, to be able 04:58 to provide that financial assistance, try to mitigate some of those risks, even them out a little bit 05:02 to let you try it, try it before you buy it. Right. Um, and so that's a program that we're really excited about, uh, 05:08 and we're seeing really great success with. By the way, you're probably asking a question to your listener and viewer as well as our audience here, 05:13 live at the commodity class of 2024 in the Tru Booth. Tru Tru Financial Assistant Plan. Where do I get me that money? 05:20 It's not out yet. Signup begins. Yes. So signup will begin in August. And so if, if you've heard about the Climate Smart, uh, 05:29 commodities funding through USDA, there's a lot of great recipients. Tru Chair is very proud to be one of those great recipients. 05:34 And what that means is really getting money into the hands of farmers and our ag retailers 05:38 to scale conservation agronomy workforce. Um, but to also provide, uh, financial assistance for these, um, practices to encourage the adoption, 05:46 because then what does that mean? You, you start cover crop, you see the benefits, you increase your soil health, 05:51 and then you're also eligible to participate in some of those commercial ecosystems. So Tru Terra's commercial program. 05:56 And so now you're starting to stack more programs and increase that profit per acre. And so, uh, like Damien said, 06:02 that program will launch, um, in August. Uh, and we're really excited about that. So that's, you know, we're, 06:07 we're launching a little bit early in the year to help you start think about, you know, what do I wanna do in that 25 crop season? 06:12 So that's the why we're timing it that Way. Okay. So if you were in our session this morning, 06:17 and if you were not, it's all the same story. And to the listeners and viewers listening to this episode of Cutting the Curve, I want 06:24 to go ahead and toss this out there. I met Kelly Garrett because in December of 2020, 06:29 he was written up in the Wall Street Journal cover story about receiving money for carbon programs. 06:35 I said at that time, I, I, he, he'll say that I stalked him, which I had to do to find him. 06:39 And I said, Hey, introduce myself and said, I'm Dave Mason. I record this, uh, you know, this stuff. 06:43 And I said, I, I, I gotta tell you, you're the first person I've ever heard about. We've been hearing about carbon programs for a decade. 06:49 You're the first person I've heard about that actually got money. Tell me about that. So, gu, give us your, your story. 06:57 We talked about no-till since 2012. We talked about cover crops since 2017, or we talked all that stuff. 07:03 But your journey on getting money, Kelly, um, and now bringing it forward to today with programs like we're talking about 07:10 that are in the marketplace right now, because that's what everybody here wants to hear about. In the spring of 2020, extreme ag was approached, looking 07:18 for an early adopter to go into the carbon market and, and be the first person to get paid. Uh, I researched it. 07:24 I didn't really think I'd ever get paid, but all we had invested was time. So I didn't think it was a big risk. 07:30 We went through, took us about 55 or 60 hours to compile all of the, uh, paperwork, all the information. 07:36 'cause they, you know, at that time we were kind of making it up as we went along. They were trying to refine the processes. And the 07:40 Main thing is it was looking back, they, they, they said, what did you do a year ago, two years ago, 07:44 three years ago in terms of product usage? Yep. And Practices. Yes. Okay. They, uh, we had to go back with yields 07:51 and rotation, things like that, from 10 all the way to 19. Uh, and then we were gonna sell the carbon sequestered in 07:57 the years 15 through 19. Uh, we went all the way through that program, and I think it was, it was just short of 22,750 credits. 08:06 They, uh, they were worth $15 a piece, you know, a ton in a credit or the same thing, $15 a piece. Uh, Shopify bought the first 5,000 credits on 08:15 December 1st, 2020 for $75,000. And then all told between December 1st and then Labor Day of 21, 08:23 we ended up collecting all the money. We got all the credit sold. It was 341,000 in the, uh, 08:30 in the spring of 21. You know, uh, Mariah called and I became involved with Tru. Uh, you know, we, because with the, 08:37 in the first program we put in 3000 acres, which is half the farm, then Mariah called, we went into the original Tru 08:44 contract is another 3000 acres. We got about 200,000 out of that. Uh, you know, and we stayed involved 08:51 with Tru until this day. And, uh, now this summer, you know, we have to be signed up by July 1st. 08:57 We'll sell the carbon for 21, 22, and 23. Got it. Uh, your perspective from your job, uh, Amber, uh, his, he was early on 09:08 and we're gonna talk about some early adopter stuff. Uh, is that a typical start? It is, I will say it is. 09:14 And it's really fun to hear where, where Kelly came from. Right. And I, I can picture like, you know, 09:20 a few years ago when we talk about, we were just figuring it out and we're, we're working through some data on a spreadsheet, 09:25 and we're just trying to understand downstream and upstream and, and just seeing, you know, the progression 09:30 of the market since then is just so exciting. Um, I know I'm biased, right? I, I work, I get to work for Tru Tera every day. 09:38 Um, but I have a peek behind the curtain too, so I know what it means to, you know, be Kelly and, and, and be a farmer. 09:45 I know what goes on at Tru and you know, how we work for the farmer. And just really try to make that, you know, data's a big, 09:51 you know, it's a buzzword, right? When you talk about carbon programs, it's, it's a burden. And so how can we, you know, lift that burden 09:57 and truly reward? I think that's, that's the key thing here too, is like truly write the check, right? 10:02 And so that's why I get very passionate about this is because I, I do get to work for Trutter, but I also get to see behind the scenes and, 10:09 and how, you know, how we are founded on, you know, a hundred year old cooperative, a farmer owned and how we truly do work for the farmer. 10:17 And so that's why I get excited. Alright. I want to, uh, hit on a few things and we're gonna talk about the money, because let's 10:23 face it, you're trying to do this. We handed out something that talked about acres and talked about money, because let's face it, 10:28 these are business decisions. We are in a situation as we addressed this morning. Uh, and if you're listening to this episode, uh, 10:34 while you're driving or at home, let's face it, 2023 last year, farm income, we're down 25% from there. That's the projection for 2024. 10:44 We're gonna be down 25% from last year. We're gonna be down 40% from 2022. The high watermark best record, uh, revenue 10:52 and farms we've ever had. 21, 22, and 23. We're gonna come down from that precipitously. If you're gonna be losing 40% of your income, let's look 11:00 for a way to diversify income. And that's why now, uh, Kelly talks about, I've got these different enterprises, you know, 11:06 he has trucking companies, he has plant food business, but also he's got this, and this is income diversification, which any person 11:14 that's ever run their own business realize, you know, the old thing, all your eggs in one basket. This is income diversification, 11:19 which matters more on these down years. If it's 25 bucks an acre, if it's whatever, it's, and maybe that didn't matter. 11:25 It's $7 corn, it sure as heck matters. Now It really does matter. Now, you know, it's, it's, we raise corn and soybeans 11:31 and wheat and we also sell our carbon. It's like having another crop to sell. And you know, there's been people that are skeptical, 11:37 but they become a lot less skeptical when the margins get tighter. It's unfortunate that it takes that 11:41 to make people wake up and pay attention. But, uh, uh, you have another crop to sell. Why aren't you Involved? Tell me about the 11:48 money, uh, since in the last two years, how much has doTERRA, I mean, the money comes from other sources. 11:53 Mm-Hmm. Corporations. Mm-Hmm. The Spotifys, Nestle, whatever it should be. Yeah. And then it goes to you 11:58 and then it goes to the farmers. Yep. How Much? 20 million. So, you know, we're very proud of that, 12:03 that we've, you know, we've been able to reward $20 million to farmers for adopting these, 12:08 you know, these farmers taxes. A little louder for, for people in the back temple's back there on his phone. How many dollars again? 12:12 20 million. $20 million. 20 million. That's in the last three years? Yes. Okay. It's 2021. Okay. 12:17 So it's 2021. It's 20 $20 million. That's not chicken feed. $20 million. Again, it, it's not as much as revenue off 12:23 of an Iowa acre on corn bushels, but it's money that you didn't have an input cost on other than doing some practices, which you probably are doing anyhow. 12:32 Right. And it's all net. It's all net. We're doing these practices anyhow for agronomic reasons. Mm-Hmm. Here's another revenue stream that's all net. 12:40 So even though it isn't the same as an acre of corn, the acre of corn is a gross. This is a net. So one of the things we talked about in this morning was 12:47 reclaiming the word sustainable. 'cause it's got a, it's got a, a degree of skepticism. Your BS meter immediately just 12:54 starts registering like a Geiger counter. As soon as I hear the word sustainable, I've been hearing it for more than a decade. 12:59 What I said this morning though was a farmer's only sustainable if it's here tomorrow and next year and the next generation. 13:04 And for that to happen, the finances have to work. This is another revenue source that certainly on Sawyers helps. 13:12 But also it's helping your bottom line, not just with the money that comes in currently. Ideally your asset is improving, 13:20 meaning the dirt you walk on, we're is selling for $15,000 an acre. Is that accurate? Yes. That is very accurate. 13:26 You're improving your soil, you're improving your crops, you're improving your operations R-O-R-O-I 13:32 by using these practices in my opinion. And you have another revenue stream. Do we have questions from anybody in the crowd that wants 13:38 to address any of the stuff we're talking about right now? A question to clarify, money programs, history, 13:45 what you have to do, we talked this morning a little bit about some of the practices. 13:50 Um, you might be already doing them. We talked in this morning session. I thought it was very informative. 13:54 Uh, Chad brought up and, and Matt brought up, you don't have to be 100% no-till you don't have to be 100% cover crop 14:01 to still have the ability to hop in on some of these sustainability or carbon type programs. Exactly. You know, uh, my point would be if you want 14:10 to try something, try all of it on a few acres. I would, I would hesitate or I I would be reluctant to tell you to try one 14:17 or two things on many acres. You're gonna just kind of dip your toe in it. You're gonna be unhappy with the result. 14:22 It's a systems approach. Try the whole system on a few of your acres. Set a apart a of the system on all of your acres. Yeah. 14:29 You're gonna have a better experience. Got it. Your thoughts. And that leads directly, I mean, I didn't pay Kelly to say that, I promise you, 14:34 but that's exactly what our financial assistance program is, is to try before you buy. 14:39 And it's to try those things to try. You wanna go to, and I was, I was surprised. I did not think that we'd have, we did a little pilot here, 14:45 15,000 acres here, uh, in 2023. And about 80% of our enrollees went to no-till and cover crop in the same year. 14:53 Right. They didn't just gradually do that. I was surprised at that. So we are seeing that the majority of farmers are gonna wanna try the whole system approach. 15:01 Um, and that's exactly what the financial assistance program offers. Amber, the doctor's kid is always sick. 15:07 The cobbler's kids have no shoes married to a farmer. That's a tilt. Black Northwest Iowa guy. How many of your acres are enrolled in programs like this? 15:20 Yes. Yes. Well, we had about 8,000 acres enrolled in our market access program because that was a, that was a program 15:25 that we used to have, uh, just to, you know, get, uh, farmers interested in, in carbon. Like what does it mean? It was kind of a, a gateway, uh, 15:33 into the carbon market. So I twisted his arm. I got him in. You got the stubborn Dutch farmer 15:38 to change his ways. I did. Oh, it wasn't me. He already had in his brain. Right. Mr. Luzi answered my question right now. 15:45 Is it the money or is it some other persuasive method? It's because of her. Yes. Is it working? Say it louder. It does work. 15:56 It does work. And you're in your third year? Fourth year. Second. Second year. Alright. Reduc reduction in tillage. 16:02 And did you do cover cropping? Not yet. Just reduction in tillage. And then any other practices that are in comp 16:08 that helped you comply? We all start incorporating strip tills. Strip till is your next thing. Yep. Got it. Fantastic. 16:15 Anybody else got anything from the floor? You had a question before we started, Matthew? I Had a question. Can you do 16:19 flexible fuel bodies? What I mean by that is we are seed corn producers of Western Illinois 16:26 and we have to have a setback for all of our seed corn fields to prevent cross pollination. Yep. Mm-Hmm. And that setback changes depending on 16:34 where the neighbor's corn is located. So some areas of the, the corn, the beans. And then we might change the shape of corn 16:40 Seed because of the compliance to make sure the genetic production is there. The question for the person that's listening 16:45 or watching this podcast from our friend Matthew, he's a seed corn production, uh, business, uh, this, uh, in Northwest Illinois. 16:53 And he said, can we have flexible, can we have flexible, uh, bare borders boundaries, 16:59 flexible borders on the fields boundaries and the boundaries and the boundaries may move based on what your contracts, 17:04 let's say with your sea corn, uh, genetic company, et cetera, et cetera. Mm-Hmm. Flexible borders. 17:08 Yeah, absolutely. I I completely understand that. Uh, we work with farmers with very different circumstances. And so that's something that, that's what's great about Tru 17:17 is that there's actually real people that understand farming, uh, you know, kind of at ter. And so we understand those circumstances 17:23 and so we work with you directly One-on-one, uh, with that because, you know, at the end of the day, it is a, a, 17:29 a registered asset, right? And, and there are some things to work around, uh, but that's not a problem. 17:33 Other questions from anybody out here that has a question? Wanna make it as, as informative and attractive as possible? 17:38 Alright. Um, early adopters, oh, and by the way, much of this goes through your retailer. If you have a Land O'Lakes retailer, 17:46 my Land O'Lakes retailer is right over there. That'd be Dan and Cindy Blocker. Uh, so you can go making him famous everywhere he shows up. 17:54 I would like to point out though, you sign up for these programs. How hard is it? How hard is it really? 17:59 It's, it's not, It was pretty, it was pretty daunting for a early pioneer. Oh yeah. Have we made it more streamlined? Yes. Yes, 18:05 We have. Kelly, I actually, I'd love to hear your perception of, you know, now versus a few years ago and how far we've come. 18:11 Well, now being signed up in the program and you're in the database and things like that. Mike busing my retailer. 18:16 It's seamless, it's easy. Yeah. It's a Phone call. And, and in your case, he even, that's one of his services, 18:21 the officers, he, he makes it even more seamless. Mm-Hmm. Yes. For you. Okay. Um, one of the things 18:27 that we talked about in the early riser recession, um, in the early days of conservation reserve program, which was 1986, if you were already a conservation farmer, 18:37 you might get kicked out or not eligible. You were ineligible for a conservation reserve program contract if you were already doing the right thing. 18:44 If you had highly erodible ground and instead of row cropping it and tilling it every year, you said, I'm gonna put it in, 18:50 uh, a cereal grain and mix it with an alfalfa. Something like that. You couldn't get enrolled in CRP 'cause it had to be row cropped, tilled Traditionally all 18:58 that for like two of the most recent five years, you got punished for doing the right thing. Something you're excited about. 19:03 Early adopter program like our man, Johnny Rell Mm-Hmm. They've been no tilling in western Tennessee for almost 30 years. 19:09 Mm-Hmm. He still is eligible. He didn't have to stop tilling and or start tilling Right. To stop tilling to be eligible. Yeah. Speak to that. 19:17 Yeah. So that's one thing. You know, um, just to kind of show you how the market evolves, I mean, 19:21 the carbon markets are still quite young, really in the grand scheme of things. And so we're still learning. 19:26 Um, but Trutter commercially does have a long-term adopter program to be able to reward those farmers. 19:31 But one thing I'm especially excited about is we talk about that Climate smart funding that grant from the USDA, uh, 19:36 one specific pot of money per se that we have, um, is to be able to get into the hands of farmers that have been those long-term adopters. 19:43 And so, uh, that's what's exciting is, you know, this program to launch here in August, uh, we do have it in a few different 19:49 regions throughout the United States. Um, but it's exactly that. These farmers that have been standing in the back 19:54 of the room saying, what about me? I've been doing this, right, yeah. For 20 years. Yeah. And I don't get to participate. 20:00 And this is a program for them. Nobody's gonna put you on the spot. And we know this is not a contractual, uh, verbal contract. 20:06 The question that anybody has, let's listen to this right now, is how much per acre? And I know you're gonna say, well, it depends. 20:12 Just like, you know, you go to a lawyer, well, it depends, but a, an average, 20:17 anybody can at least say our average contract is this. Or the last 50 people we've signed up. It looks like that. Can you gimme a number that at least I have a ballpark. 20:26 If it's $1 an acre, I ain't fooling with it. Uh, I will tell you, for our financial assistance program, uh, you're gonna be looking at, you know, up 20:34 to about a hundred dollars an acre, um, our early adopter program. So those are those, those guys standing in the back saying 20:40 I'm doing it right all this time. Um, up to about $25 an acre. Okay. Up to about $25 an acre for the, the 20:47 Early adopter. And then if you, and do I have to have more qualifications, more issues to get the Tru Financial Assistance program? 20:54 Yeah. So the financial assistant is that, that first time, right? Yeah. You've never done these things 20:58 before in your, in on that field. So asking the questions that, uh, I think our audience has. 21:02 But before that, what questions are in here? You've got a question, you've got a question, my friend David, you said you had a lot of them. 21:08 Yeah, north Kansas, which is funny. He says North Kansas, you know, just south of Kearney, which is in another state, Nebraska. 21:15 So anyway, yes. So I was talking earlier with someone here. Uh, my son bought some land and continued to no till. 21:21 The gentleman that had been no tilling, it has passed away. Mm-Hmm. So how, how do we prove 21:26 that it's been no-till for 12 years? 10 or 12 years? That's a great question. Before you answer it. For the people that are watching 21:32 or listening, David SAS North Kansas or just south of Kearney, Nebraska says, uh, my son bought some land. 21:39 It's been in no-till for about a dozen years, but my son's only owned it for one year. One year to go back and prove the practices. 21:46 We didn't even operate it. Can I go back and prove the practices to be eligible for program money? Mm-Hmm. 21:52 Yeah, that's a great question. Uh, it comes down to a couple things. And so with our, uh, ease of enrollment platform, 21:58 we do use a lot of remote sense. And so while that's not, uh, that is not a golden ticket, we understand that. 22:04 Um, but it comes down to grower attestation. Like, you know, can you prove, you know, and you can, you can attest that you've been in 22:11 that no-till scenario. That field has been in that no-till till scenario. Uh, then we'll work with you. Okay? Yep. 22:17 So I mean, you're not talking about going to USDA 'cause that's not really something that's there. So it becomes a bit more, 22:23 a bit more challenging, but still provable. Still provable. And, and that's really like, you know, when we talk about we're 22:28 for the farmer, I mean this is a prime example of we have a, you know, through our Tru Tera retail network, uh, 22:34 we have a dedicated team at Trutter that works directly with farmers as well. Um, that's what we're here for is to work with you. 22:40 All right. I'll throw an example out there. 'cause this, since you guys like to work with farmers, there is 160 acres in 2012 that I bid on at an auction. 22:47 I didn't get it bought, but Tru Tera doesn't know that I would like to enroll those 160 acres that I actually don't own in this. 22:55 Can I still get paid? Uh, well that would be unethical. Um, so no, uh, we we don't really endorse that, Damian, 23:05 We don't endorse that. No, but you didn't say it's not a possibility. Uh, yeah. 23:10 I guess if, if there's dishonest, uh, for folks out there, then I guess they could do with the 23:14 Operator because you're not the operator of The farm. The thing is, is For FS a Yeah. 23:18 And the thing is, is that you'd have a hard time, you know, coming up with, you know, reliable, incredible information. 23:23 Um, so that'd be a challenge. Kelly, Great question. You've been sitting here quietly for a little while. 23:26 What do you got for us, uh, on all this? So you are the most well versed of most anybody on navigating all this, making it work, 23:33 making it pay, but again, contributing to the bottom line. Yeah. You know, farming this way 23:39 to me is the right way to farm. As I've said many, many times, applying for the program, implementing the program with Tru Tera is not difficult. 23:48 It's another revenue stream. It's akin to selling another crop, uh, in tough economic times. 23:55 In, in good economic times. Why wouldn't you just want all of the opportunities available? 23:59 Why wouldn't you want sell your carbon if corn's $7 or if corn's $3 and 50 cents? Is there anything you wanna make sure we get covered? 24:05 Is there anything you would like to make sure we get covered on behalf of, uh, your, your company 24:09 and then David, any more questions? Questions from your kid? No, uh, anybody? Even anybody else there? You good? All right. 24:18 I think we can about leave it there. We've covered a lot of good stuff. Um, recapping some of the big highlights from today were, 24:25 uh, that there is compliance and uh, there's, there's programs that you can get in on. It's not just one program, right? 24:33 Right, right. There's many programs and that really leads into just really the ease of enrollment that we, we strive for for farmers. 24:39 So if you just wanna go to tru tera ag.com, that'll take you to the place. You can, uh, upload some boundaries, uh, look at, you know, 24:46 what opportunities are available and maybe even what opportunities are coming soon. I guess I can remember when there was a lot 24:52 of other things that were either, um, faced a great deal of farmer skepticism. No-till in the early 1980s was a brand new thing. 24:59 And it faced tremendous amount of farmer skepticism. The Huntington County Natural Resource Conservation Service bought a no-till planter and they'd come out 25:06 and plant your acres for free if you agreed to do some trialing. We were one of those because we were so busy making hey, 25:11 we said Great, come out and, you know, making first cutting. I said, plant our first, or plant our first, uh, 25:15 our, and we did that. That was skeptical. Now you no-till everything and it works just fine and you're setting yield records. 25:22 So I've seen farmer skepticism before. I think the big challenge here is, is getting past some of the farmer skepticism. Your answer to them, 25:29 My answer to them yes. Is, you know, kind of what I touched on before is that I do have a peek behind the curtain 25:34 and, you know, I kind of joke around like, can I sleep at night or will I go to jail for this, uh, with some of the compliance work and I can sleep at night. 25:41 And, you know, my husband's a farmer, he's an agronomist, and I've seen some of the information that he comes home for 25:46 with, and we have to have a little talk and, and set him straight on, you know, what's, what's a good carbon program out there? 25:51 Um, but that's what I feel really good about. And I can be honest about that. And, you know, I, that's why I work 25:57 for RAs. 'cause I believe in it And the future. Are you gonna be doing more of this? Are you gonna be getting paid more? 26:03 Is there gonna be something else coming down? What's your vision? You're, you're, you're big picture guy. I believe that there will be more programs come down. 26:10 I believe that biofuels and regenerative fuels, renewable fuels will become more involved. And yeah, I, I think it'll get to be worth more. 26:17 It's my personal impression and, uh, that, you know, as a person that's been paying attention for a long time, 26:22 future USDA programs, future farm bills, in my opinion, are going to say, if you want to be enrolled in a crop insurance matching program, 26:29 or whatever those things are, you're gonna also be part of one of these. That's my, that's where I think things go. 26:35 Is that, is that, am I off, am I off the reservation there? No, I, I think you're correct. Yeah. 26:39 So that's what pains Me to say that. I mean, as I always say, what's Wayne? What's Wayne Gretzky's famous quote? 26:44 I'm successful because I don't skate to where the puck is. I skate to where the puck is going. 26:47 This is where the puck is going. I think you're smart to be in these sessions and to listen to this and, and basically 26:53 you can still have the skepticism, but unless we're completely off base, this is where the future is going. 26:58 Um, you know, and you can look at other countries and, and it's, it's a whole lot better here. Mm-Hmm. Um, trust me, her name is Amber Lu Sink. 27:06 She is with tru ag. Tru ag.com is how you find them and talk about these programs. His name is Kelly Garrick. 27:11 The reason we met is because of this very thing right here. Sorry. Or maybe not. Sorry. That's up for you to decide. 27:16 Buddy, thanks so much to tuning in. Thanks so much for listening to us. You know what, we produced hundreds of these videos 27:23 and hundreds of these, uh, audio podcasts, so please go and check 'em out. It's basically a library videos 27:28 that guys like Kellys shoot out in the field talking about stuff like this. From sustainability to cover crops, to nutrient utilization, 27:34 to profitability on your farm, to improving your asset. It's all there@extremeag.farm. I'm Damien Mason. Thanks so much for being here. Until next time, 27:43 That's a wrap for this episode of Cutting the Curve. Make sure to check out Extreme Ag Farm for more great content to help you squeeze more profit out 27:52 of your farming operation.

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