CIBO, the science-based technology company that supports growers and enterprises on their journey to regenerative agriculture, has announced its first CIBO Carbon Bridge partnership with Bushel to bring visibility to sustainable practices throughout the supply chain.
Bushel, a Fargo, ND, software company focused on building the digital infrastructure for the grain industry, has committed to collaborating with companies that provide new market opportunities for growers.
Carbon Bridge provides significant pay-for-practice financial incentives that help farmers meet the early-year financial investments required to transition to regenerative farming. Using Carbon Bridge, growers can access the best per-acre payments available starting year one, based on real-world cost estimates.
The program also gives agronomic support for qualifying growers interested in adopting new practices.
"The new partnership with Bushel is helping to increase the pace and penetration of regenerative adoption and setting the stage for more collaboration across the ag value chain," says Nitzan Haklai, VP, Business Development at CIBO Technologies.
"But just as importantly, we're focused on helping farms make the transition, and meeting those early-stage investment costs that can truly become very real roadblocks to a better future for farmers and consumers."
Regenerative agricultural practices like cover-cropping and no-till are effective at reducing greenhouse gasses (GHGs) while building climate-resilient soils. But for growers, the early-year costs of implementing new practices slow adoption for individual farms and at scale across the country.
Traditional carbon marketplaces pay growers for carbon sequestration via regenerative practices, but many of these marketplaces come with costs that outpace the costs of early-year implementation, and it can take farms years to realize financial rewards. Carbon Bridge was launched to change this dynamic.
"We believe that bringing visibility to these new programs is a critical piece of helping U.S. growers, and hopefully the rest of the value chain, realize the operational and financial benefits of climate-smart agriculture," says Bushel's Director of Sustainability Allison Nepveux.
"We believe that creating reductions in carbon emissions will be one of the first true monetizable business opportunities for food and agriculture supply chains. That starts with making sure switching to regenerative practices is economically viable for growers," continues Nepveux.
"The CIBO program is a great example of testing and enabling that. We hope this collaboration is just the beginning of a much bigger vision for our grain facilities and their growers."
Bushel provides software technology solutions for the agricultural industry with its flagship mobile application used at nearly 2,000 grain facilities. Last year, Bushel acquired FarmLogs, a leading provider of technology farm management systems for row crop farms. This creates a digital infrastructure to connect the farm gate to the grain facility onto downstream customers with permission from all parties. This expands sustainability opportunities for both growers and grain facilities through verified on-farm practices from field to CPGs, and eventually the end consumer.
Individuals and farms can pre-qualify for CIBO Carbon Bridge and sign up to see when the program is available in their area.