Growing Returns

“Success first.” How one ag retailer is helping farmers adopt conservation practices, profitably.

Missouri-based ag retailer MFA Incorporated is a regional farm supply and marketing cooperative representing 45,000 farmers and ranchers. It has 130 locations throughout Missouri and in parts of Kansas, Iowa and Arkansas. The co-op’s priority is neither “sales first” nor “conservation first,” but “member success first.”

With this priority in mind, MFA Inc. and three state conservation agencies — Missouri Department of Conservation (MDC), Missouri Natural Resource Conservation Service (NRCS) and Missouri Department of Natural Resources — teamed up to help farmers manage for both profitability and environmental sustainability.

The innovative public-private partnership is featured in a new report prepared for Environmental Defense Fund by Datu Research, Helping Farmers Find Profit and Sustainability: A Case Study of MFA Inc. Shows How Conservation Can Support the Bottom Line. Read More »

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Farmer interest in conservation is growing, but barriers remain high. Here’s how we can overcome them.

“Are you interested in planting hedgerows of native plants on your farm, but aren’t quite sure how to get started?”

That was the question Rex Defour, the California regional director for the National Center for Appropriate Technology, posed to farmers in a blog earlier this year.

The response? A flood of calls and emails from interested farmers. In a matter of weeks, 90 growers from across the country signed up to plant over 23 miles of hedgerows. Read More »

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Small grains have big outcomes for climate resilience

Small grain crops, like oats and wheat, are making a comeback in the Midwest, disrupting the traditional corn-soy rotation and delivering big benefits for farmers and the environment. And they’re about to get another big boost.

The U.S. Department of Agriculture recently awarded a $1.1 million Conservation Innovation Grant to Practical Farmers of Iowa to advance the use of small grains crops and test market-based solutions for lowering emissions linked to nitrogen from manure and fertilizer. Read More »

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How can we measure the profitability of healthy soils? There’s a new guide for that

Any investment, from Wall Street to a local park, requires investors to establish expectations for the costs, benefits and timing. They dedicate significant resources to researching and identifying these expectations to optimize their investment decision.

Investing in soil health should be no different.

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Biden’s USDA will need to hit the ground running. Here are 3 top priorities.

No one is more accustomed to walking a tightrope of variable weather and economic fluctuations than the American farmer. However, 2020 has been especially harsh on the farm economy.

From floods and fires to trade wars and a global pandemic, the incoming administration will need to provide a swift lifeline to farmers, ranchers and forestland managers, and to Americans who depend on vital food and nutrition programs. In addition to addressing these immediate challenges, there is also an urgent need to invest in longer-term solutions that build resilience to future risks. Read More »

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Could catalytic capital help shape the agriculture of tomorrow?

Investing in climate-smart agriculture is a hot topic. Startups in plant-based meats and dairy alternatives are taking the market by storm. Major food companies are setting sustainability targets and investing in soil health practices.

Yet farmers face poor farm economic conditions stemming from trade disputes, COVID-19 supply chain disruptions, and increasingly frequent, extreme and destructive weather events.

Farmers across the U.S. have felt the pain of extreme weather in 2020, from the derecho that wreaked havoc in the Midwest to the destructive wildfires that continue to rage out West. (Photo credit: National Weather Service).

It’s clear that more innovation is needed to make the food system fit to face 21st century challenges, and fast. Catalytic capital can help.

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3 takeaways from my testimony to Congress on climate-related financial risks to U.S. agriculture

Highlight: EDF’s Maggie Monast testified at a hearing of the House Select Committee on the Climate Crisis, “Creating a Climate Resilient America: Strengthening the U.S. Financial System and Expanding Economic Opportunity.” Watch here.

It’s becoming impossible to ignore the risks that climate change poses to financial markets, including those that support U.S. agriculture.

Increased temperatures and more frequent droughts and extreme precipitation events threaten crop productivity across the nation. In 2020 alone, we have seen ample evidence of these impacts, including destructive storms in the Midwest, hurricanes along our coasts, and wildfires and smoke in the West.

These physical risks of climate change create risks to the U.S. financial system, which was the topic of last week’s hearing held by the House Select Committee on the Climate Crisis, entitled “Creating a Climate Resilient America: Strengthening the U.S. Financial System and Expanding Economic Opportunity.”

I testified to the committee on climate risks to the agriculture finance system — and opportunities to build resilience. Read More »

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How female farmers are conservation leaders on the farm and beyond

Surveys show that women own or co-own nearly half the farmland in the Midwest but are often under-represented in leadership positions, including in policymaking bodies, financial institutions, and other agricultural agencies and institutions.

The Women, Food and Agriculture Network is working to change that, giving women the resources and connections they need to be effective practitioners and supporters of sustainable agriculture. Read More »

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Financial leaders release climate risk report calling for agricultural resilience

A report released today by a subcommittee of the U.S. Commodity Futures Trading Commission, Managing Climate Risk in the U.S. Financial System, examines the threat that increasingly extreme and volatile weather poses to the stability of financial markets, including U.S. agricultural markets. Representatives from EDF served on the 35-member panel.

The report found climate risks pose a wide range of threats to U.S. agriculture — including heat stress on farmworkers, livestock and crops, soil and water quality degradation, more frequent supply chain disruptions and productivity declines. Read More »

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3 steps for agricultural lenders to mitigate climate risk and finance resilience

Farmers in the U.S. are facing severe challenges including poor economic conditions, extreme weather and disruptions from the COVID-19 pandemic. These risks also impact farmers’ financial partners, including agricultural lenders.

While some of these risks are difficult to anticipate and plan for, there are growing opportunities and resources available for farmers and their lenders to better understand their vulnerabilities related to climate change — and take steps to build resilience.

A new report, Financing Resilient Agriculture: How Agricultural Lenders Can Reduce Climate Risk and Help Farmers Build Resilience, finds that lenders can reduce risk by supporting farmer investments in conservation practices like no-till and cover crops that are known to build climate resilience.

This report provides a path forward for lenders to support a more productive, profitable and resilient agricultural system.

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