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Join Nebraska’s soil conservation effort now

Oct 08, 2024
By Farms.com

Grants to enhance soil conservation practices

 

In central Nebraska, a significant initiative called the Nebraska Soil Carbon Project is underway, offering financial incentives to farmers for adopting specific soil conservation practices. This project targets the enhancement of soil health across 100,000 acres with practices like no-till farming, diverse crop rotations, and the use of cover crops, which are essential for carbon capture and soil fertility.

With $8 million allocated for these initiatives, the project supports farmers in the Central Platte and Upper Big Blue Natural Resources Districts. Farmers have a clear deadline until November 15, 2024, to apply for this round of funding, aiming to enroll 100 producers by the project's end in 2028.

The benefits of participating in this project extend beyond financial incentives. Improved soil health leads to more stable crop yields and better water and nutrient retention, which can significantly bolster a farm’s resilience against climate variability. This program not only supports farmers in implementing new practices but also in understanding their broader environmental impacts.

Participants will also benefit from a community and educational perspective. They will have opportunities to share their conservation efforts through various media and receive direct training from leaders in soil health and agronomy.

The project is designed to create a sustainable farming model that other regions can replicate, emphasizing the critical role of agriculture in environmental stewardship.


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Will the 2025 USDA December Crop Report Be a Market Mover/Surprise?

Video: Will the 2025 USDA December Crop Report Be a Market Mover/Surprise?


Historically, the USDA December crop report is a non-event or another dud report as the USDA reserves any final supply changes to the final report in January of the following year in this case 2026. But after the longest U.S. government shutdown in history at 43 days and no October crop report will they provide more data/surprise and make an exception?
Our China U.S. soybean purchase tracker is now at 26.6% or a total of 3.2 mmt but for traders it’s taking too long to unfold.
The final Stats Canada production report was bearish canola and wheat projection a record crop in both (it adds to the global glut of supplies) and bullish local corn and soybean prices in Ontario/Quebec thanks to a drought. It will not help the fund flow short-term, the USDA may need to offset it?
A U.S. Fed interest rate cut of another 25-basis point next Wednesday (probability 87.1%) could help fund flow and sentiment in stock and ag commodities into year end.
More inflows into Bitcoin this past week saw prices rebound back above 90,000 with support at 82,000 and resistance at 96,000.
A V-shaped bottom in cattle suggest the lows are in after Mexico reported another new world screwworm case. Lower weights, seasonal demand and higher U.S. beef select/choice values with a continued closure of the Mexican border to cattle will result in a resumption of higher cattle futures into yearend.
Australia is expected to produce its 3rd largest wheat crop ever at 36 mmt adding to the global glut of supplies.
Reports of ASF in hogs in Spain the largest pork exporter in Europe could see the U.S. win more pork export business long-term.
If the rains verify into next week of 3-5 inches for Brazil it would go a long way to fixing the dry regions from the last 2-months, but the European weather model has been wrong for the past 2-months!
Natural gas futures are surging to the 3rd price count as frigid hold temps set in.
CDN $ is also surging to end the week on a very resilient economy and better employment numbers suggesting no interest rate cuts next week.
Finally, the CFTC report showed funds were net buyers of soybeans but sellers of corn, canola and wheat. In real time the funds have gone back to selling as they take some profits.