According to a report at AgWeek, carbon capture and COVID will again impact the agricultural industry in 2022.
According to the report, carbon credit market is gaining interest with co-ops and companies like Cargill, offering programs to help farmers find their way to new revenue.
Another development to watch is the world’s biggest carbon capture pipeline, the Midwest Carbon Express. Iowa-based Summit Carbon Solutions is planning a pipeline to connect 31 ethanol plants in five states to store carbon in western North Dakota and sell fuel at a premium on the low-carbon market. Federal incentives are giving carbon storage a boost.
COVID-19 will continue to play a role in supply chain disruptions and international travel.
Some Midwest farms rely on workers from South Africa and other countries, so when a new variant pops up, like Omicron did in South Africa, the effect is felt here.
What other issues are impacting ag in 2022?
