The Land Core Risk Model is quantifying the economic risk-mitigation value of specific soil health practices by examining the correlation between the implementation of these practices over time and their impact on yield.
Read MorePilot programs are exploring the opportunity to offer farmers improved financing terms based on their adoption of regenerative agriculture. The goal is to bring an expanded scale via financial incentives structured differently than dollars per acre for adoption.
Read MoreInsurers offer discounts for avoiding smoking and good driving because these practices are proven to mitigate risk and save them money. So should insurers and agricultural lenders offer farmers that look after their soil a ‘good soil discount’?
Read MoreResearchers with the University of Arkansas System Division of Agriculture are conducting research examining soil health practices and their impacts on crop risk insurance premiums and other financial factors often faced by farmers. Lawson Connor, an agriculture economist for the Division of Agriculture, is the primary investigator for Arkansas’ involvement in the research. He is joined by researchers from U.C. Berkley and Rice University.
Read MoreEver since the federal government created the Soil Conservation Service following the Dust Bowl, the correlation between soil health and agricultural resilience has been generally well understood. However, almost a century later, we’re still struggling to accurately quantify how specific soil health practices reduce production risks. As a result, these practices remain largely unaccounted for in risk pricing models across finance, investment and insurance, and farmers are not compensated through financial discounts for adopting them.
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